The troubled EV maker, Tesla, announced a staggering new pay grade for its CEO, Elon Musk. Already being the richest person, he is set to be the world’s first trillionaire after the 423.7 million new shares worth $1 trillion will be added to his paycheck. These high-stakes ambitions Musk carries might just make Tesla the most valuable company ever. But here’s how much a $1 trillion salary means.
Looking at it from a global point of view, a one trillion dollar salary would make you wealthier than entire nations. The compensation package would make Musk richer than the richest billionaires, leaving all but 19 countries behind in their GDP. The massive spending power would allow you to own every share of multinational corporations like ExxonMobil, McDonald’s, and Coca-Cola outright.
How rich does $1 trillion make you?
In 2024, The Week had claimed that Elon Musk is the top contender to become the world’s first trillionaire, with $80 billion more than the then-second richest person. 1000 million dollars make a trillion, and anyone with that sum of money surpasses the GDP of the Netherlands and even Turkey.
Having a trillion dollars in your bank account will allow you to pay each Indian citizen $666, which is nearly Rs 60,000 per head. Once you have this estimate, keeping in context the population of India, a trillionaire would be able to reshape entire sectors such as technology and revolutionise the way AI works. No matter the luxuries they would be able to afford, there will be a sudden influence over global politics, scientific research, and even open a vast range of philanthropic avenues.
What does it mean for Elon?
The financial heft with bring with it an unmatched sense of wealth and power. Increasing the gap between the top contenders, Musk would be nearly 100 times richer than the Ambani family in all.
Given the biggest promotion in all of corporate America, this hike would help Musk expand his multi-billion-dollar empire even further. Consolidating his privately held firm, xAI, Musk could reimagine the entire entity. Currently, Musk owns $44 billion valued X (formerly Twitter), his aeronautical manufacturing company, SpaceX, worth $400 billion as per Bloomberg, and Tesla, which is on it way to becoming the richest company ever.
But, what if someone has 1000 trillion? Congratulations! You’re a quadrillionaire.
