Musk is on course to be world's first trillionaire

ELON Musk could become the world’s first trillionaire under the biggest payout in corporate history.

- BY GRAHAM HISCOTT

Shareholders in US electric car maker Tesla have approved a potential mega-deal for its maverick boss.

Already the world’s richest man, with an estimated wealth of $500billion (£380bn), the deal could hand him nearly $1trillion (£760bn) worth of Tesla shares over a decade.

The payout depends on Tesla hitting tough targets. It would be worth the equivalent of nearly £100 for every man, woman and child on Earth.