Musk is expected to become the world's first trillion-dollar millionaire by 2027
On September 8, according to the Guardian, according to a new report from a wealth tracker, Musk is expected to become the world's first trillion-dollar millionaire by 2027.
The report from the Informa Connect Academy, which began circulating on Friday, said Mr. Musk's fortunes at electric carmaker Tesla, private rocket company SpaceX and social media platform X (formerly Twitter) continue to grow at an average annual rate of 110 percent. Mr. Musk is now the world's richest man, with $251 billion, according to the Bloomberg Billionaires Index.
The report's analysis also indicates that Indian business magnate Gautam Adani is on track to become the second trillionaire, an achievement he is expected to reach in 2028 if his wealth grows at an annual rate of 123%.
Moreover, technology company Nvidia CEO Jen-Hsun Huang and Indonesian energy and mining tycoon Prajogo Pangestu are also likely to become trillionaires by 2028, provided their wealth growth trajectories remain unchanged. And Bernard Arnault, CEO of LVMH Moët Hennessy Louis Vuitton (the world's third-richest person with about $200 billion), is expected to surpass $1 trillion by 2030, the same year as Meta CEO Mark Zuckerberg.