1 week ago Good work if you can get it: Elon Musk is set to make more than every elementary school teacher COMBINED

Tesla shareholders approved a $1 trillion pay package for the world’s richest person

Politics

2 w. ago Musk is paid $1tn. Nvidia’s worth $5tn. Yet America’s poor are struggling to eat | Steven Greenhouse

We may be in a golden age for the super-rich – but it doesn’t feel that way for the 42 million Americans who use SnapIt seems like an understatement to call this the New Gilded Age. Perhaps we should instead call it the Obscenely Over-the-Top Gilded Age, considering that Tesla shareholders just approved a $1tn pay package for Elon Musk and the market value of chipmaker Nvidia has rocketed above $5tn.Not only that, the 10 richest billionaires in the US saw their collective wealth soar by $698bn over the past year, while Google’s former CEO, Eric Schmidt, reportedly paid $110m for a 123-room mansion in Los Angeles to host events. And then there’s our billionaire president, who – when his family isn’t raking in tens of millions of dollars through crypto – is obsessed with building a $300m, gilded-to-the-hilt ballroom, funded by fellow billionaires.Steven Greenhouse is a journalist and author, focusing on labor and the workplace, as well as economic and legal issues Continue reading...

Politics

3 w. ago Elon Musk reacts to $1trillion pay deal approved by Tesla shareholders: 'Time to pull a LOT of rabbits out of the bag'

The deal would see the world’s richest man become significantly richer over the next decade

Economics

3 w. ago Tesla shareholders approve Elon Musk's $1 trillion pay package after founder threatens to leave

Elon Musk could become the world's first trillionaire after Tesla shareholders voted to give him a mammoth pay package.

Economics

3 w. ago Musk could become history's first trillionaire as Tesla shareholders approve giant pay package

The world’s richest man was just handed a chance to become history’s first trillionaire

Politics

3 w. ago Elon Musk on course to become world's first trillionaire as he wins Tesla vote

Elon Musk is now on course to become the world's first trillionaire after Tesla shareholders voted to approve the latest proposed compensation plan for its CEO

Politics