Did Elon Musk buy a crumbling shelter in Los Angeles where he had volunteered as a teenager in order to rebuild it as Hope Haven, a sanctuary for homeless families? No, that's not true: Elon Musk never volunteered at

Elon Musk could become the world’s first trillionaire under a new pay package proposed by electric car company Tesla but if it happens the tech genius’ frugal real estate dealings will be the key.

Tesla’s board unveiled a compensation package for the chief executive that could be worth $900 billion if he meets ambitious targets.

Oracle’s breakout year shot the net worth of Larry Ellison to over $350 billion, making him neck and neck with Elon Musk for the world’s richest person. But it’s also soaring the pocketbook of the tech firm’s CEO,