Elon Musk: The Trillionaire Countdown Begins!
Summary
Elon Musk may soon need a new kind of wallet — perhaps one with an extra-large compartment just for trillion-dollar bills! A recent report from Informa Connect Academy predicts that by 2027, our favorite tech mogul could become the world’s first trillionaire. And what’s fueling this rocket of a rise? A staggering average annual growth rate of 110%. To contextualize that, Elon isn’t just burning the midnight oil; he’s igniting a rocket on the launchpad of wealth! Currently, he’s sitting pretty as the richest person globally, with a portfolio worth $251 billion (talk about a savings account!). Meanwhile, India’s Gautam Adani is vying for second place in the trillionaire race, looking to join the elite club by 2028 — assuming his wealth keeps growing faster than my laundry pile after a week of procrastination. Other contenders for the title include Jensen Huang, the head honcho at Nvidia, and Prajogo Pangestu from Indonesia, both eyeing 2028 as their golden year. They’d better polish their billionaire badges because it’s going to be a crowded party if they all succeed! Even Bernard Arnault, the luxury goods kingpin, is projected to hit the trillion-dollar mark by 2030, right alongside Mark Zuckerberg from Meta. I can just picture Zuckerberg, “I’m not just feeding the metaverse, I’m banking on it too!” Now, turning our gaze to the stock market, companies such as Berkshire Hathaway and Nvidia have already strutted into the trillion-dollar club. Berkshire recently hit the jackpot before Warren Buffett’s 94th birthday party, which we can only imagine is the most riveting bingo night ever! But let’s backtrack a bit. The intrigue around who will be the first trillionaire is almost as old as the concept of modern billionaires themselves, dating back to John D. Rockefeller in 1916. Only now, we have hashtags and trending tweets about it, giving a whole new meaning to “keeping up with the wealth.” And speaking of hashtags, Musk just shared a post on X that had Twitter (oops, I mean “X”) users up in arms. He tagged an interview that made some wild claims about WWII. Let’s just say the internet backlash was quicker than his new Tesla can function in ludicrous mode. He promptly deleted the post, proving once again that being the richest man in the world doesn’t automatically make you a social media expert. In true billionaire fashion, Musk has also pledged his support for Donald Trump’s upcoming presidential bid, adding a glob of political drama to his already colorful profile. So keep your eyes peeled, folks! In a few years, we may just swap out our dollar bills for Musk bucks if he keeps this pace up. If he does become a trillionaire, I think it’s safe to say he’ll probably develop a cryptocurrency named after himself — MuskCoin, anyone?
Original Source: www.theguardian.com
