The founder and CEO of Tesla, Elon Muskdonated $5.74 billion in shares of his electric car manufacturing company to charitable organizations last year, according to a filing from the U.S. Securities and Exchange Commission.
The document, reproduced by several local media, indicates that the billionaire made 5 donations between November 19 and 29, of 5,044,000 shares, the largest being 2,234,000 shares and the smallest 250,000 sharesalthough it does not specify the recipient organizations.
Are donations coincided with the sale of 16 billion Tesla shares between November and December, by Musk who does not receive a salary from his company, but is compensated with shares.
Last year, Musk, considered the richest man on the planet, also converted about 22.9 million options to buy his company into shares, which would come accompanied by a large tax payment, which the donations very possibly helped. To compensate.
With this donation, Musk could have become the second largest donor in the world in 2021, only behind Bill and Melinda Gates, who donated 15,000 million dollars, according to The Wall Street Journal.
Musk, who does not usually reveal the names of the NGOs to which he donates part of his funds, pledged in 2012 to donate the majority of his fortune to charitable organizations. (I)
Source: Eluniverso
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