Elon Musk Projected To Become First Trillionaire By 2027

According to BlockBeats, a new report from Informa Connect Academy suggests that Elon Musk is on track to become the world's first trillionaire by 2027. The report highlights Musk's wealth growth through his ventures in Tesla, SpaceX, and social media platform X (formerly Twitter), with an average annual growth rate of 110%. Currently, Musk is the world's richest person with a net worth of $251 billion, according to the Bloomberg Billionaires Index. The report began circulating on Friday. The analysis also indicates that Indian business magnate Gautam Adani could become the second trillionaire if his wealth continues to grow at an annual rate of 123%, potentially reaching this milestone by 2028. Additionally, Nvidia CEO Jensen Huang and Indonesian energy and mining tycoon Prajogo Pangestu might also achieve trillionaire status by 2028, provided their wealth growth trajectories remain consistent. Bernard Arnault, CEO of LVMH Moët Hennessy Louis Vuitton and currently the world's third richest person with approximately $200 billion, is expected to surpass the trillion-dollar mark by 2030, the same year Meta CEO Mark Zuckerberg is projected to reach this goal.