Tesla has proposed such a huge compensation package for his CEO Alan Musk that if it is approved, Musk can become the first trillionaire in the world. This package will be kept for the approval of shareholders in November, but the condition is that Musk takes Tesla’s valuation trillions dollars in the next 10 years.

This news is being discussed fiercely on social media. One user said, “Probably Musk will use it to go to Mars.” Another user wrote, “Rich and rich are because they spend the earned money in business and investment, while the poor are stuck in debt by spending more.” At the same time, another user taunted, “Employees are working tired, investors are losing and Musk is getting such a big salary, which is more than the GDP of some countries.”

Tesla will have to do so much growth in the next 10 years

According to the Reuters report, if Tesla’s market value reaches $ 8.6 trillion, Musk can get 12% shares of the company i.e. about $ 1.03 trillion. This means that Tesla will have to grow more than $ 7.5 trillion in the next 10 years.

Did you say CEO of 50 Park Investments?

Adam Sarahan, CEO of 50 Park Investments in New York, said, “It is common for the CEO to get a package according to the performance, but its scale is so big that it will now be a part of the discussions of the boardrooms around the world.” At the same time, Professor Brian Quinn of Boston College Law School said, “This package is very big and many questions arise. But Musk has already shifted Tesla to Texas with delaware to avoid such questions.”

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It is said that when a friend reaches a high position, then his closest friends benefit more from him. However, this is not happening with Alan Musk. In fact, ever since his close friend Donald Trump became the President of America, his wealth has been seen continuously.

Talking only for the last three months, the wealth of Alan Musk has come down as much as India’s richest person Mukesh Ambani. Let us tell you the reason for the major decline in the wealth of the world’s richest people in this news.

The top 20 of the world is getting rich

This year, the wealth of 13 out of the top 20 richest people in the world has declined. Alan Musk, owner of many big brands like Tesla, SpaceX and X, has suffered the biggest shock this year. His total assets have decreased by $ 95.4 billion. This amount is more than the total assets of Mukesh Ambani, the richest person in India and Asia. But despite this, Musk remains the world’s richest person with $ 337 billion.

Whose property declines

Alan Musk – $ 337 billion (declined by $ 95.4 billion)

Jeff Bezos – $ 222 billion (declined by $ 16.5 billion)

Mark Zuckerberg – $ 213 billion (increase by $ 5.76 billion)

Bernard Arno – $ 172 billion (declined by $ 4.61 billion)

Larry Ellison – $ 168 billion (fall down by $ 23.9 billion)

What is the situation of Indian billionaires

Talking about Indian billionaires, Mukesh Ambani’s net worth has increased by $ 659 million this year to $ 91.3 billion and he has moved to 17th position in the world’s most rich list. Gautam Adani is ranked 21st with assets of $ 75 billion, although his assets were recorded at $ 2.7 billion on Thursday.

Why are the rich of the world becoming poor?

Financial Experts believe that the assets of billionaires have been affected due to recession in Tech and Automobile sector, increase in interest rates and uncertainty in the global economy. However, with the expectations of the market improvement, it is also expected that the situation may improve in the coming time.

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