Musk awarded $29 billion in Tesla stocks
The Tesla board has given CEO Elon Musk 96 million shares in the electric vehicle maker to retain his services and keep him “focussed” after a judge struck down a previous multibillion-dollar award 
CHANGING FORTUNES (top five billionaires, $bn)
$183bn
Steve Ballmer
Jan
480
400
300
200
140
Source of wealth*
Space X 136
Tesla 127
XAI 23.4
Boring Co 3.33
Neuralink 3.42
Other 23.2
*As of Aug 3
Dec 17, 2024
$486bn
Tesla shares
Institutional investors
Musk 16%
Up from 13%
Retail
2025
Aug
2024
Aug
Elon Musk $357bn
Larry Ellison $303bn
Mark Zuckerberg $272bn
Jeff Bezos $234bn
Data as of Aug 4, 2025
Source: Bloomberg
Pictures: Getty Images