Elon Musk is on track to become the world’s first trillionaire by 2027, according to a report from Informa Connect Academy, which monitors global wealth trends.
As the CEO of Tesla and SpaceX and owner of X (formerly Twitter), Musk has seen his fortune grow at an annual rate of 110%, reaching $251 billion in 2024.
While Musk is expected to reach this milestone first, others are not far behind. Indian business mogul Gautam Adani is forecasted to attain trillionaire status by 2028, provided his current growth rate of 123% continues.
Adani, a leading figure in industries like energy and logistics, is one of Asia’s wealthiest individuals.
In addition to Musk and Adani, other notable tech industry leaders such as Jensen Huang, CEO of Nvidia, and Indonesian tycoon Prajogo Pangestu are also poised to reach trillionaire status by 2028 if their financial trajectories persist.
Nvidia, known for its advancements in graphics processing and AI, has experienced significant growth recently.
While these potential achievements are celebrated by some, critics are concerned about the implications of such extreme wealth concentrations. Reports indicate that the wealthiest 1% contribute more carbon emissions than the poorest 66%, raising concerns about the broader societal and environmental impacts. Musk has also faced criticism over his social media activities, adding to the complexities surrounding his public image.
