Tech billionaire Elon Musk’s net worth has surged to an estimated $750 billion, making him the richest person in modern history, after the Delaware Supreme Court reinstated a massive Tesla stock options package that had been struck down last year.
According to the Forbes Billionaires Index, Musk’s wealth jumped sharply late Friday after the court restored Tesla stock options worth about $139 billion. The compensation package dates back to 2018, when Tesla’s board approved a performance-based pay deal that was then valued at around $56 billion. A lower Delaware court invalidated the package in 2024, calling it excessive, but the Supreme Court has now ruled that the decision was improper and unfair to Musk.
With his latest wealth surge, Musk is now far ahead of other tech billionaires.
His fortune exceeds that of Google co-founder Larry Page, the world’s second-richest person, by nearly $500 billion, underscoring the scale of Musk’s dominance in global wealth rankings.
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