Pope Leo publicly criticized wealth inequality and Elon Musk's path to becoming the world's first trillionaire in a September 2025 interview, citing CEO-to-worker pay ratios that have ballooned from 4–6x to 600x over the past 60 years. Tesla's board approved a $1 trillion compensation package for Musk, contingent on growing the company eightfold over the next decade. Data from the Institute for Policy Studies show S&P 500 companies with the lowest median worker pay have a 632-to-1 CEO-to-worker ratio.
Policy
Pope Leo warned the world is in ‘big trouble’ if Elon Musk becomes the first trillionaire
Tesla's $1 trillion compensation package for Elon Musk underscores how CEO-to-worker pay ratios have exploded to 600x+, raising alarms about wealth concentration reaching destabilizing levels.
Friday, April 17, 2026 12:00 PM UTC2 MIN READSOURCE: Fortune AIBY sys://pipeline
Tags
policy