Elon Musk could become the world’s first trillionaire by 2027, says report
Elon Musk, the founder of SpaceX, Tesla, and the social networking company X, has the potential to become the first trillionaire in history by 1027. Informa Connect Academy, a wealth tracking organization, released a new analysis that produced this finding. The pace of growth in Musk's fortune has been 110% annually. Upon the publication of the report, the Bloomberg Billionaires Index listed him as the richest person in the world, owning $251 billion, as per the reports of The Guardian.
Other people who might become trillionaires were also highlighted in the research. If Gautam Adani, the founder of an Indian business empire, continues to grow at his current rate of 123% every year, he may become a trillionaire by 2028. If their present growth continues, Prajogo Pangestu, an Indonesian oil and mining magnate, and Jensen Huang, the CEO of tech company Nvidia, may also reach the trillion-dollar threshold in 2028. By 2030, two individuals are predicted to become trillionaires: Mark Zuckerberg, the CEO of Meta, and Bernard Arnault, the head of LVMH Moet Hennessy Louis Vuitton.
Trillion-dollar companies
A few businesses have already achieved trillion-dollar valuations. This milestone was just reached by Berkshire Hathaway in late August, right before Warren Buffett turned ninety-four. In May 2023, Nvidia became a member of the trillion-dollar club, and by June, its valuation had hit $3 trillion. Nestled between Apple and Microsoft, Nvidia was the second-most valuable corporation in the world at that time.
Also Read:
