A judge invalidates the $55 billion payment plan that Musk agreed to as responsible for Tesla. A partner, owner of nine shares of the electric vehicle manufacturer, denounced the agreement in 2018 for “excessive and unjustified enrichment” of the tycoon.
The verdict leaves the future of Musk's fortune in limbo. Valued at about $51.1 billion, the options were one of his most valuable assets. Without them, his net worth would drop to $154.3 billion, making him the third-richest person in the world.