In addition to world’s richest person, who has $251bn, report names others on track to receive trillionaire status

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%.

    • LustyArgonianManaEnglish
      6•7 days ago

      If you are ever confused about how someone magically is making stuff work for them - it means you’re missing information. Maybe that’s because the other person is lying or doing something illegal. I would guess Musk has some very interesting deals going on with places like Saudi Arabia.

    • @[email protected]English
      6•7 days ago

      Investment-wise, luck. If you had 100 billion and put it all on one risky stock, you too could fail upwards, around half the time.

      Public persona-wise, he’s basically a professional media villain. He’s invited to comment and interview on things because it will always get clicks, even if they’re hate clicks.

    • @[email protected]English
      3•8 days ago

      Pays a good PR team.

      Will still take a while before his real antics reach the mainstream masses.