Musk has been the wealthiest person in the world since 2021 Tesla shareholders awarded ceo elon musk a pay package on wednesday that could grant the tech entrepreneur nearly $1 trillion in compensation over the next decade. As of october 2025, forbes estimates his net worth to be around $500 billion.
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Elon musk cofounded seven companies, including electric car maker tesla, rocket producer spacex and artificial intelligence startup xai
He owns about 12% of tesla, which he first backed in.
Elon musk is the founder of spacex and tesla motors, among other companies Their success has propelled him to become the richest person in the world, with a net worth greater than $386 billion. Tesla shareholders approved a pay package on thursday that could make ceo elon musk, already the world’s richest person, the world’s first trillionaire. The world’s richest man was just handed a chance to become history’s first trillionaire
Elon musk won a shareholder vote on thursday that would give the tesla ceo stock worth $1 trillion if he hits certain performance targets over the next decade. Tesla shareholders have approved a pay package for elon musk that could allow him to earn an unprecedented one trillion dollars' worth of stock.
