Rejected!? Elon Musk’s $55.8B pay package
5 months ago
10
Elon Musk's pay package at Tesla, which was deemed the largest ever in public markets, was recently struck down by a Delaware judge as flawed and unfair. Compared to other CEOs who earn around 200 times more than their employees, Musk's package was particularly staggering. However, determining his true worth outside of this package is a complex task in the realm of executive compensation.
McCormick's ruling caused Elon Musk to lose his top spot on the Forbes list of wealthiest people. His net worth was reduced by $25 billion to $185.3 billion, pushing him behind Bernard Arnault and family in the rankings.
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