Musk Poised to Become World's First Trillionaire by 2027, With Gautam Adani Not Far Behind
Musk Poised to Become World's First Trillionaire by 2027, With Gautam Adani Not Far Behind
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The concept of a trillionaire has captivated the public ever since John D. Rockefeller became the first billionaire in 1916. This extreme wealth has raised concerns among some academics, who argue that the richest 1% of the global population contribute more to carbon emissions than the poorest 66%, exacerbating the climate crisis.

Looking ahead, three women are among the 30 billionaires projected to achieve a trillion-dollar fortune by 2050. Their potential rise is particularly noteworthy due to the historical underrepresentation of women in the upper echelons of wealth.

Francoise Bettencourt Meyers, granddaughter of L’Oreal founder Eugène Schueller, currently holds a substantial net worth of $99.5 billion through her family's stake in the cosmetics giant. As the chairman of the family’s holding company and a board member of L’Oreal, Bettencourt Meyers plays a crucial role in managing their investments. With their current financial trajectory, she and her family are expected to reach a net worth of $1 trillion by 2040, solidifying their status among the world's wealthiest individuals.

Elon Musk, the visionary behind Tesla, SpaceX, and X (formerly Twitter), is anticipated to become the world’s first trillionaire by 2027, according to a recent report by Informa Connect Academy titled "2024 Trillion Dollar Club." Musk’s extraordinary annual wealth growth rate of 110% has propelled him to the top of the Bloomberg Billionaires Index, with a staggering net worth of $251 billion.

The report also highlights other billionaires expected to join this elite group soon. Gautam Adani, the richest individual in India, is projected to reach trillionaire status by 2028. Jensen Huang, CEO and co-founder of Nvidia, and Prajogo Pangestu, a prominent Indonesian business tycoon, are also anticipated to achieve this milestone within the same timeframe.

The Adani Group, led by Gautam Adani, operates in various industries including power generation, ports, agriculture, and logistics. The conglomerate also has interests in defense, aerospace, airport management, water treatment, road and rail networks, data centers, farming, food manufacturing, and real estate. Adani’s personal net worth of $84 billion, with an average annual growth rate of 122.86%, reflects the impressive expansion of his business empire.

Jensen Huang, who has led Nvidia since its founding, is expected to surpass the trillion-dollar mark by 2028. His leadership has been crucial to Nvidia’s success, and with his current net worth of $77 billion growing at an average annual rate of 111.88%, Huang is well-positioned to become one of the first trillionaires.

Bernard Arnault, the French businessman leading LVMH, the world’s largest luxury conglomerate, is projected to join the trillionaire ranks by 2030. As these individuals continue to amass wealth and expand their enterprises, they are set to reshape the global landscape of affluence.

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