Tesla CEO Elon Musk’s net worth jumped to $749 billion on Friday after the Delaware Supreme Court reinstated Tesla stock options worth $139 billion that had been canceled last year, according to Forbes’ billionaires index.
Musk’s 2018 compensation package, originally valued at $56 billion, was restored by the Supreme Court two years after a lower court had struck it down, calling the deal “unfathomable.”
The Supreme Court ruled that the 2024 decision to cancel the pay package was improper and unfair to Musk.
Earlier this week, Musk also became the first person in history to surpass $600 billion in net worth.
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