Trevor Milton – Undisclosed
Trevor Milton is kind of like the lesser-known Elon Musk. He is the founder and former chairman of the hydrogen-fueled truck developer Nikola Motor. However, his stocks have plummeted by billions in recent months, so his net worth is hard to estimate. He even had to step down from the company in 2020.
Milton was charged with fraud after misleading investors from November 2019 to around September 2020, specifically about product development and technology. In July 2021, he was indicted by federal prosecutors on three counts of fraud and released on a $100-million bail.
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