The Trillionaires Are Coming. They Can Pay Their Workers Now.
Incomprehensible wealth.
Photographer: Chung Sung-Jun/Getty Images
The world may soon have its first trillionaire. Tesla Inc.’s shareholders on Thursday approved a compensation package that would pay Chief Executive Officer Elon Musk $1 trillion dollars over 10 years if the company achieves certain benchmarks, adding to his current $461 billion fortune. Some people have an aversion to billionaires, so I doubt they’re ready for the next level of incomprehensible wealth. Ready or not, trillionaires are coming.
“If you’re a billionaire, why are you a billionaire,” pop singer Billie Eilish recently asked during an acceptance speech at the WSJ Magazine Innovator Awards. She was expressing a common sentiment among Generation Z, despite that most of them aspire to billions of their own. “No hate,” she insisted, “but yeah, give your money away, shorties.”
