Tesla CEO Elon Musk has become the world’s richest individual, with a net worth of US$749 billion, after the Delaware Supreme Court reinstated $139 billion in stock options that were voided last year, according to Forbes’ billionaires index.
Musk’s original 2018 pay package, initially valued at $56 billion, was previously struck down by a lower court, which labelled it “unfathomable.” On Friday, the Supreme Court described the ruling as “improper and inequitable,” restoring the package and pushing his fortune past the $700 billion mark, nearly $500 billion more than Google co-founder Larry Page, the world’s second-richest person.
Earlier this week, Musk became the first person ever to surpass $600 billion in net worth, aided by reports that his aerospace venture SpaceX may soon go public. In November, Tesla shareholders also approved a separate $1 trillion pay plan, the largest corporate compensation package in history, reflecting investor confidence in Musk’s vision to transform Tesla into a leader in electric vehicles, artificial intelligence, and robotics.
How Musk Built His Empire
Musk’s journey from a tech entrepreneur to the world’s richest person offers some valuable lessons:
Ukraine’s National Paralympic Committee has announced it will boycott the opening ceremony of the Milano Cortina 2026 Paralympics in Verona on 6 Mar...
The United States and international partners have announced billions of dollars in pledges to rebuild Gaza but many Palestinians remain sceptical abou...
The U.S. Supreme Court has struck down President Trump's sweeping tariffs on Friday (20 February), which he imposed under a law intended for national ...
NASA successfully completed a critical fueling rehearsal on Thursday (19 February) for its giant moon rocket, Artemis II, after earlier hydrogen leaks...
The former Prince Andrew’s brief arrest on Thursday (19 February) has highlighted the challenges of prosecuting alleged misconduct in public office,...
Despite its economic might, the European Union is often labelled a “geopolitical dwarf.” The only region where it acts as an indisputable player, able to assert its will with relative ease, is the Western Balkans, along with parts of Eastern Europe.
Russian troops in Ukraine have lost access to Starlink internet terminals after Kyiv and SpaceX moved to block unauthorised Russian use, a disruption Ukrainian officials described as a major blow to Moscow’s battlefield operations.
Tech billionaire Elon Musk said the search at his social media platform X offices in Paris on Tuesday by French authorities was a "political attack".
Ukraine is creating a white list for Starlink terminals to ensure only verified devices stay active, after officials warned that Russian forces were attempting to use the network during the Ukraine conflict.
Israel is preparing for the possibility of receiving a green light from the United States to launch strikes against Iran’s ballistic missile system, according to Israel’s public broadcaster KAN.
Aghdam’s Qarabag FK experienced a 6–1 defeat to England’s Newcastle United in the first leg of their UEFA Champions League play-off tie in Azerbaijan's capital Baku Wednesday evening (18 February).
U.S. President Donald Trump’s 'Board of Peace' will hold its first leaders’ meeting on Thursday (19 February) in Washington, D.C., launching an initiative aimed at stabilising Gaza and addressing global conflicts. It's drawn support from regional powers but refusals from several EU countries.
The Board of Peace will be "looking over the United Nations," said U.S. President Donald Trump at the inaugural Washington meeting, where representatives from over 20 countries gathered to unveil plans for Gaza’s reconstruction and coordinate international support.
Russian President Vladimir Putin met Cuban Foreign Minister Bruno Rodriguez in the Kremlin on Wednesday, telling him that new restrictions imposed on the communist-run island were unacceptable.
Eric Dane, the actor best known for his roles in 'Grey’s Anatomy' and 'Euphoria', died on Thursday, at the age of 53 after a battle with amyotrophic lateral sclerosis (ALS). His family confirmed his death after what they described as a “courageous battle” with ALS.
Robert Duvall, the Oscar-winning actor renowned for his steely intensity and commanding performances in films including The Godfather and Apocalypse Now, has died at the age of 95.
Tourists from all over the world flock to Paris, France for elaborate Valentine’s Day proposals, with agencies reporting record bookings and luxury packages reaching up to €100,000.
Thousands of local residents and international visitors have gathered in northern Thailand for the 49th annual Chiang Mai Flower Festival, one of the city’s longest-running contemporary events.
More than 100 couples tied the knot at a mass civil ceremony in Lima, Peru on Thursday, ahead of Valentine’s Day. The Lima Metropolitan Municipality regularly holds community weddings to make civil marriage more accessible to local couples, provide legal protection and speed up the paperwork.
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