Elon Musk, the visionary CEO of Tesla and SpaceX, is projected to become the world’s first trillionaire by 2027, according to a report by Informa Connect Academy.
The report highlights Musk's remarkable wealth growth rate, which has averaged 110% annually, positioning him at the top of the potential trillionaires’ list.
A select few companies, such as Microsoft, Nvidia, Apple, Alphabet, Amazon, Saudi Aramco, and Meta, have crossed the $1 trillion valuation mark.
Warren Buffett’s Berkshire Hathaway joined this exclusive club in August, while Nvidia achieved it in May 2023 and surged to a $3 trillion valuation by June.
Following Musk, Indian tycoon Gautam Adani is forecast to hit trillionaire status by 2028, assuming his wealth growth rate of 123% per year persists.
Adani is trailed by Nvidia CEO Jensen Huang and Indonesian energy magnate Prajogo Pangestu, who could also achieve trillionaire status by 2028 if their financial trajectories continue.
Luxury goods mogul Bernard Arnault of LVMH, currently the world’s third-richest person with a net worth of $181 billion, could become a trillionaire by 2030, alongside Meta’s Mark Zuckerberg.
Speculation over who might become the first trillionaire has fascinated the public since John D. Rockefeller, the founder of Standard Oil, became the world’s first billionaire in 1916. With Musk's rapid ascent, the trillionaire milestone may soon be within reach.
Follow us
