The plan called for Musk to receive up to $100 billion in stock options over a decade in 12-tranches. WebElon Musk Earnings Calculator. The first chunk of options were granted once Tesla hits a market cap of $100 billion (roughly double the value when the plan was announced). Imagine as much gold as you think a human being could possess and double it. Elon Musk has overtaken Jeff Bezos to become the worlds richest person, having seen his wealth rise from $25 billion to nearly $200bn in less than a year. He is by far the richest person in the world , topping the #2 person Jeff Bezos by around $140 billion. Cat-and-mouse chase with China in hotly contested sea, Explore in 3D: The dazzling crown that makes a king. Over the last few weeks, Mr Musk has sold around $14bn of Tesla shares, which Mr Willens said was likely to be in part in order to generate cash to satisfy his tax liabilities. Elon Musk Submit a correction suggestion and help us fix it! ET So who could buy more things in their lifetime? Did this woman die because her genitals were cut? On November 24, 2020 Elon's net worth topped $128 billion for the first time. The last time Twitter updated its privacy policy was in August 2021. Elon Musk loses $12.6 billion in a single day as Tesla shares tumble and SpaceX rocket explodes Last Updated: April 22, 2023 at 11:30 a.m. Ultimately, Musk hopes to transform humanity into a multi-planetary species by establishing a self-sufficient colony on Mars, while simultaneously solving some of the biggest challenges back on Earth, including climate change and the perceived threat from advanced artificial intelligence. What happens to First Republic Bank's stock and deposits now? His Bel-Air footprint included a 20,000 square-foot house that he bought for $17 million in 2012, a 7,000 square-foot house he bought for $20 million in 2015 and a 9,300 square-foot house he purchased in 2016 for $24.25 million. : How to Check Your PAN Aadhaar Link Status Online? (Photo by Pascal Le Segretain/Getty Images). His net worth tumbled $7.7 billion on Tuesday after Tesla shares had their steepest one-day loss since October.. Under the plan, tradable assets such as Tesla's stock in a billionaire's portfolio would be valued annually. In October 2021 when Tesla's market cap topped $1 trillion and SpaceX's valuation was $100 billion, Elon's net worth was $300 billion. The affair reportedly led to Sergey filing for divorce from his wife of four years, Nicole Shanahan. Video, 00:03:45How billionaires pay less tax than you, Musk makes whistleblower joke with new Tesla item, More than 100 police hurt in French May Day protests, Fighter jets are roaring over my home in Sudan, MasterChef Australia host Jock Zonfrillo dies. October 29, 2021 / 12:09 PM Roughly least $60 million of his Morgan Stanley debt was home mortgage-related. Elon previously owned $100 million worth of real estate in California alone. VideoThe secret mine that hid the Nazis' stolen treasure, LGBT troops take love for Eurovision to front line. A recent rise in Tesla's stock price has pushed Musk's net worth into the stratosphere. Many of America's wealthiest citizens don't take a directly taxable salary. It's nearly impossible to accurately peg the wealth of someone who lived 700 years ago. Elon hit every single milestone and therefore qualified to receive all $100 billion from the bonus plan. About half my money is intended to help problems on Earth and half to help establish a self-sustaining city on Mars to ensure the continuation of life (of all species) in case Earth gets hit by a meteor like the dinosaurs or WW3 happens and we destroy ourselves..
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