Elon Musk, the CEO of Tesla and SpaceX, could become the world’s first trillionaire by 2027. This is according to a new report from Informa Connect Academy. Musk is currently the richest person in the world.
think of the size of effective fines 💰 @vestager @ThierryBreton @EU_Competition #DMA @Andreas_Schwab avoid peanuts 🥜
💸 SpaceX founder has net worth of $251 billion growing at a rate of 110 per cent a year, according to Bloomberg’s Billionaires Indexhttps://t.co/8ZYwi7It3w— Umberto GAMBINI 🇪🇺🏴🇪🇺🇮🇹🇪🇺 (@UGambini) September 9, 2024
His net worth is $241.8 billion. His personal fortune is estimated to grow nearly 110% each year on average. This puts him as the “clear favourite” to reach a trillion-dollar net worth before any other billionaire.
https://t.co/SfYmRQC9bM time we took some of it for poor people, surely?
— Mike Fenton Stevens💙 (@fentonstevens) September 8, 2024
The report also said that other billionaires might not be far behind Musk. Gautam Adani, the Chairman of Adani Group, could reach a trillion-dollar net worth by 2028.
Musk favored to hit trillion-dollar status
Perhaps the SDG agenda won't be reached by 2030, but hey, it looks like there'll be at least a few trillionaires by then 🤓. #theSDGagendaleavesnotrillionairebehind https://t.co/nYlIrd7sLe
— Kristof Decoster (@KristofDecoste1) September 8, 2024
World's 1st trillionaire may be @elonmusk in 2027 while @gautam_adani will attain that status a year later and Mukesh Ambani in 2033. @RIL_Updates will become trillion dollar company by 2035.
Read My Story Herehttps://t.co/wwAjbZ6zrh
— Ammar Zaidi (@ammar_zaidi) September 9, 2024
Jensen Huang, the CEO of Nvidia, and Prajogo Pangestu, the founder of Barito Pacific, could also reach this milestone by 2028. Bernard Arnault, the CEO of LVMH, might reach a trillion-dollar net worth by 2030. The report also predicted which companies could soon have market values of at least $1 trillion.
Taiwan Semiconductor Manufacturing Co. ranked first in this projection. It is expected to have a trillion-dollar market cap by next year.
Eli Lilly, Broadcom, and Tesla were also noted as companies likely to reach a $1 trillion market cap by 2025. This report shows the fast growth of wealth in the tech and business sectors. It also highlights key individuals and companies to watch in the coming years.
Noah Nguyen is a multi-talented developer who brings a unique perspective to his craft. Initially a creative writing professor, he turned to Dev work for the ability to work remotely. He now lives in Seattle, spending time hiking and drinking craft beer with his fiancee.
