Elon Musk is on pace to become the world’s first trillionaire by 2027, according to a new report from a group that tracks wealth.

Informa Connect Academy’s finding about the boss of electric carmaker Tesla, private rocket company SpaceX and social media platform X (formerly Twitter) stems from the fact that Musk’s wealth has been growing at an average annual rate of 110%. He was also the world’s richest person, with $251bn, according to the Bloomberg Billionaires Index, as the academy’s 2024 Trillion Dollar Club report began circulating Friday.

The academy’s analysis suggested business conglomerate founder Gautam Adani of India would become the second to achieve trillionaire status. That would reportedly happen in 2028 if his annual growth rate remains at 123%.

  • NotMyOldRedditName@lemmy.world
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    4 months ago

    The only way this would be conceivable is if FSD actually worked, the robot works and change everything we know, or spacex is sending hundreds of ships to Mars each window.

    Doesn’t seem possible, nor do I think solving only 1 of the above makes it possible.

    Edit: or we wait long enough for inflation to make today’s assets at a future inflated value be worth that much without losing any of it in the meantime…