TechFlow news, according to The Guardian, a new report from a wealth-tracking organization suggests Elon Musk is on track to become the world's first trillionaire by 2027.
The report from Informa Connect Academy indicates that Musk’s wealth from electric vehicle maker Tesla, private rocket company SpaceX, and social media platform X (formerly Twitter) has been growing at an average annual rate of 110%. According to the Bloomberg Billionaires Index, Musk is currently the world’s richest person with a net worth of $251 billion. The report began circulating on Friday.
The analysis also states that Indian business tycoon Gautam Adani could become the second trillionaire. If his wealth continues to grow at an annual rate of 123%, he is projected to reach this milestone by 2028.
In addition, Jensen Huang, CEO of tech firm NVIDIA, and Indonesian energy and mining magnate Prajogo Pangestu may also become trillionaires by 2028, provided their current wealth growth trajectories remain unchanged. Meanwhile, Bernard Arnault, CEO of LVMH Moët Hennessy Louis Vuitton and the world’s third-richest person with approximately $200 billion, is expected to surpass the trillion-dollar mark in 2030—the same year as Meta CEO Mark Zuckerberg.
