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Elon Musk becomes first person worth $700 billion following pay package ruling

SoftBank CEO Masayoshi Son is using sales, margin loans, and corporate bonds to secure $22.5 billion for OpenAI, reflecting the highest stakes in AI investment yet.

Summary by regionalmedianews.com
Tesla CEO Elon Musk's net worth surged to $749 billion late Friday after the Delaware Supreme Court reinstated Tesla stock options worth $139 billion that were voided last year, according to Forbes' billionaires index. Musk's 2018 pay package, once worth $56 billion, was restored by the Delaware Supreme Court on Friday, two years after a lower court struck down the compensation deal as "unfathomable."

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American businessman Elon Musk has become the first person in the world to be worth more than $700 billion, Forbes magazine reported on Saturday. Musk is the co-founder and CEO of the Tesla car company.

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Tesla's CEO is the first person to break the 700 billion dollar mark, according to the magazine's calculations.

·Vienna, Austria
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businessinsider.jp broke the news in on Saturday, December 20, 2025.
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