According to the British "Guardian" report on September 8, the Informa Connect Academy, an organization that focuses on the wealth status of the rich, released a forecast report stating that the founder and CEO of the US Space Exploration Technology Company (SpaceX) and the elect

According to the British "Guardian" report on September 8, the informa connect academy, an organization that focuses on the wealth status of the rich, released a forecast report stating that the founder and chief executive of the US Space Exploration Technology Company (SpaceX) and the electric car manufacturer Tesla Executive Elon Musk is on track to become the world's first trillionaire by 2027.

Elon Musk Source: Visual China

reported that this prediction is based on the average annual growth rate of Musk’s personal wealth being close to 110%. According to the Bloomberg Billionaires Index, Musk is currently the world's richest man, with a net worth of approximately US$251 billion.

reported that the report also said that in the near future, India's richest man and Adani Group Chairman Gautam Adani will likely be the second richest man to join the billion-dollar club: if the annual growth rate of his personal wealth maintains At 123%, this will be achieved by 2028. Jensen Huang, CEO of U.S. chipmaker Nvidia, and Indonesian energy and mining tycoon Prajogo Pangastu may also be worth trillions of dollars in 2028 if they can maintain their respective wealth growth rates. Bernard Arnault, the head of French luxury goods giant LVMH Group, and Mark Zuckerberg, CEO of Meta, the parent company of American social media platform Facebook, are expected to become trillionaires in 2030.

reports mentioned that the valuation of a few companies has exceeded 1 trillion US dollars. The market capitalization of US investment group Berkshire Hathaway topped $1 trillion at the end of August, just days before its founder Warren Buffett celebrated his 94th birthday. Nvidia joined the $1 trillion club in May 2023, and its valuation swelled to $3 trillion in June of the same year, making it the second-largest listed company in the world in market value after Microsoft .

The American Consumer News and Business Channel (cnbc) pointed out that since John D. Rockefeller, the founder of the American Standard Oil Company, became the world's first billionaire in 1916, the question of who may become the world's first trillionaire has been be discussed by the public. Still, many scholars view the concentration of vast wealth in the hands of a few as a social evil. For example, a research report calculated that the carbon emissions of the richest 1% of the world's population are greater than the total carbon emissions of the poorest 66% of the population, and carbon emissions are by far the largest cause of global climate change.