New York (CNN Business) Elon Musk is worth $96 billion, making him the fourth-richest man in the world, according to Bloomberg . Now he's weeks away from qualifying for the third tranche of options, worth an additional $2.8 billion. Musk will be awarded the options as the company hits a series of targets both for financial results and market value. If he does get the options, Musk won't actually own the shares. No matter how many options Musk gets this year, they will be only a fraction of his current Tesla stockholdings.

Source: CNN August 26, 2020 15:56 UTC