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%.

  • SternEnglish
    27•4 months ago

    Because the cybertruck is selling like hotcakes and x, fka twitter is making so much money right?

    • @where_am_i@sh.itjust.worksEnglish
      -5•4 months ago

      Regular Teslas are still very desirable luxury EVs and sell like hot cakes. SpaceX clearly just had to rescue Boeing’s blunder.

      Those two will grow and big time. No matter how much you cry about the downfall of your beloved Xitter.

      • @thejml@lemm.eeEnglish
        9•3 months ago

        I know absolutely no one who thinks a Tesla (any of them) is a luxury EV. Musk is doing a great job making them undesirable to the general public, hence the large amount of unsold teslas sitting around in lots. It’s not all because of his politics, some of it is just because their quality control is terrible, as is their software.

    • FaceDeer
      -7•4 months ago

      Could it perhaps be that online communities are in bubbles that focus primarily on his failures and downvote into oblivion any mention of successes he might have had?

      …

      No, it must be the money that’s wrong.