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.
55 Articles
55 Articles
The sovereign pontiff reported his annoyance on Sunday, 14 September, against certain entrepreneurs. According to him, some bosses "touch 600 times more" than their employees, an unfair situation. He points out Elon Musk's finger.
Pope Leo hits out at Elon Musk in first interview: 'We're in big trouble!'
Pope Leo XIV has launched a blistering attack on Tesla chief executive Elon Musk and extreme wealth concentration in his first media interview since becoming Pontiff. The American-born Pope expressed alarm at reports that Mr Musk could become the world's first trillionaire."Yesterday (there was) the news that Elon Musk is going to be the first trillionaire in the world," the Pope stated in interview excerpts published on Sunday. "What does that …
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.
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