trillionaire

(Newser) - Norway's sovereign wealth fund, the world's largest, has announced it will vote against Tesla CEO Elon Musk's proposed $1 trillion pay package. The fund, which holds a $17 billion stake in Tesla, cited concerns about the award's scale, potential dilution, and what it calls "key...

(Newser) - Elon Musk, currently the world's richest person per the Bloomberg Billionaires Index , might soon be the world's first trillionaire. According to a new report from wealth-tracking group Informa Connect Academy, Musk is on track to enter what it calls the "Trillion Dollar Club" in 2027, thanks to...

(Newser) - The world could have its first trillionaire within a decade, anti-poverty organization Oxfam International said Monday in its annual assessment of global inequalities timed to the gathering of political and business elites at the Swiss ski resort of Davos. Oxfam, which for years has been trying to highlight the growing...