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  • The Independent

    Musk may drop below Bezos in world’s richest list after court rules he cannot keep $56bn Tesla payout

    by Io Dodds Jan 31, 2024 2 minutes
    Source: Sergei Gapon/AFP via Getty Images

    Elon Musk may lose his position as the world’s richest person after a US judge ordered him to return a corporate payout worth nearly $56 billion.

    A court in Delaware ruled on Tuesday that the SpaceX and Neuralink boss could not keep the massive pay package he received from Tesla, the electric car company that he has run since 2008.

    The ruling was a victory for Tesla shareholders who to board members who were not truly independent of him.

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