Elon Musk makes history as the first person to hit $ 500 billion net value

The wealth of the 54-year-old has continued to increase over the years, because it was $ 25 billion in March 2020, but now seems to be approaching half a trillion dollar. Musk is already on its way to becoming the first billionaire in the world by 2033. Largest wage package for a director in history.

In the plan, Musk would get up to 12 percent of Tesla shares, worth around $ 1 trillion, if the company hits its goals, such as a market capitalization of $ 8.5 trillion and other milestones for 10 years.

“We believe that the unique vision of Elon is vital for navigating through this critical bending point,” said Tesla chairman Robyn Denholm in a letter to investors. “We also recognize the formidable nature of this company and as a result of the importance of a leader who is not only prepared and capable, but also likes to take on this challenge.”

According to Dennholm, “preserving and stimulating Elon is of fundamental importance for Tesla that achieves these goals and becomes the most valuable company in history.”