US EditionPope Leo criticises high, Musk-style corporate pay packages
- On September 14, 2025, Pope Leo XIV expressed criticism of Tesla’s proposed nearly $1 trillion compensation package for CEO Elon Musk during portions of his initial televised interview.
- The criticism stemmed from concerns over the vast gap between CEO and worker incomes, with Musk potentially becoming the world's first trillionaire pending shareholder approval.
- Tesla's board announced the plan last week, which awards Musk 423.7 million shares if he raises market value to $8.5 trillion, exceeding the combined market caps of major tech firms.
- Pope Leo questioned the significance of Elon Musk potentially becoming the world’s first trillionaire and cautioned that if financial worth is the sole measure of value, society could face serious challenges.
- The pope's remarks add to public scrutiny on executive compensation, which could influence corporate governance, investor debates, and political responses around economic inequality.
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Pope Leo has criticized the salaries of top managers, who, in his view, are often far too high. One example is Elon Musk, who could become the first dollar billionaire in the world.
In an interview with the Crux site, the pontiff attacks the world's great fortunes. Besides Elon Musk, Pope Leo also castigates the income of the bosses who earn "600 times more than the average wage of their employees". - "What does that mean?": Pope Leo XIV denounces the fortunes of the great bosses, including Elon Musk (Social Subjects).
Pope Leo XIV sharply criticized the salaries of top managers, referring to Tesla's boss Elon Musk.
Pope Leo Slams Elon Musk's Trillion Dollar Pay Package, Condemns Widening Income Disparity In Society: 'We're In Big Trouble' - Tesla (NASDAQ:TSLA), Oracle (NYSE:ORCL)
In his first media interview, Pope Leo XIV criticized the exorbitant compensation packages of corporate executives, particularly singling out Elon Musk's $1 trillion pay plan.
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