lundi 3 août 2020

The largest compensation package ever

The deal between Elon Musk and TESLA's board of directors includes the largest compensation package ever between a CEO. Well done, Elon!

You already know by now that due to stratospheric TESLA stock price, Elon did see a tranch of almost 4$ billions being payed to him this year. If the capitalization  of the company stays above 200$ billions (which is no problem thanks to robinhood traders), Elon will see another 2$ billions in stock options released for him.

So how much is this compensation package Musk did negotiate with the board? It is a 50$ billion package over 12 tranches if all goals are met.

Musk is among the richest men in the world with a fortune of over 70$ billions. I think he did enter top 5 of the richest men in the world replacing Oracle founder Larry Ellison.

Top 5:
  1. Jeff Bezos: thanks to speculation in Amazon stock (another huge bubble), Jeff is making tens of thousands per second; yes, per second!
  2. Bill Gates founder of Microsoft; he's also investing a lot in stocks via his foundation.
  3. Bernard Arnault who's running the luxury company LVMH
  4. Warrend Buffet a very successful stock market investor
  5. And our ex computer developer and TESLA founder, Elon Musk! Yeyyy!
In the picture below you can see the top 5 except that instead of having Elon, we see Ellison (first at the left)

Billionaires of the world


Happy speculation

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