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Elon Musk’s Money: How He Made It And Spends It

2024-12-05 46 Dailymotion

Editor's Note: A judge in Delaware struck down a record-breaking pay package for billionaire Elon Musk for a second time on Monday, December 2nd—despite the $50 billion in stock options being approved by Tesla shareholders in June—upholding her previous judgment that the company’s shareholders were too under the influence of Musk to approve the package.<br /><br />The richest person on Earth is now arguably the most powerful, too. A former Democrat–and a South African who came to the U.S. via Canada as a college student–Musk became a big backer of Donald Trump in the runup to the November 5 election, speaking at rallies and donating $119 million to return him to the White House. It may have been the best money he ever spent.<br /><br />Read the full story on Forbes: https://www.forbes.com/sites/forbeswealthteam/article/elon-musk-definitive-guide/<br /><br />Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br /><br />Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br /><br />https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br /><br />Stay Connected<br />Forbes newsletters: https://newsletters.editorial.forbes.com<br />Forbes on Facebook: http://fb.com/forbes<br />Forbes Video on Twitter: http://www.twitter.com/forbes<br />Forbes Video on Instagram: http://instagram.com/forbes<br />More From Forbes: http://forbes.com<br /><br />Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.

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