Elon Musk, 53, is currently the richest person in the world, with a net worth of $251bn (£191bn), according to Bloomberg’s Billionaires Index.
Elon Musk, the charismatic CEO of electric car maker Tesla and rocket manufacturer SpaceX, may become the world’s first trillionaire by 2027, while Indian tycoon Gautam Adani may attain that status in the following year, and Asia’s richest man Mukesh Ambani may do so in 2033, according to an Informa Connect Academy report.
For Elon Musk, the richest in the world with USD 237 billion net worth, to become the world’s first trillionaire needs to grow at an average annual growth rate of 110%, the report said.
Gautam Adani, who is ranked 13th on the world billionaire index with a wealth of just under USD 100 billion, maybe the second trillionaire (net worth equal to at least one trillion US dollars) if his ports-to-power conglomerate was to continue growing at the current 123% average annual rate, it added.
Rival Mukesh Ambani, now ranked Asia’s richest with a networth of USD 111 billion, may achieve the same status in 2033, according to the report.
The report said, “No one in the world has claimed trillionaire status – at least not yet. However, there are some likely candidates. The following are multi-billionaires who will probably become trillionaires sooner or later”.
After Elon Musk and Gautam Adani, NVIDIA founder Jensen Huang, Indonesian mogul Prajogo Pangestu, French businessman Bernard Arnault, and Facebook CEO Mark Zuckerberg come next as prospective trillionaires.
Currently, there are only a handful of companies that have crossed the USD 1 trillion in valuation. This includes Microsoft, Nvidia, Apple, Alphabet, Amazon, Saudi Aramco, and Meta. The most recent case is that of Warren Buffett’s Berkshire Hathaway in late August.
