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The billionaires who will become the first trillionaires: Who will arrive first?

2024-10-11 10:29:50Lifestyle SHKRUAR NGA REDAKSIA VOX

The billionaires who will become the first trillionaires: Who will arrive first?

Meta CEO Mark Zuckerberg, one of the richest people in the world, has recently joined the exclusive group of those whose wealth has reached or exceeds $200 billion (€182.57 billion). Therefore, he becomes the youngest member of this elite club, which includes only two other technology leaders, Amazon founder Jeff Bezos and Tesla CEO Elon Musk.

Zuckerberg's wealth accumulation is largely attributed to his position as the largest shareholder of Meta, the parent company of social media networks Facebook, Instagram and Threads, as well as messaging platform WhatsApp.

According to the Bloomberg Billionaires Index, the three richest individuals in the world all come from the technology industry. In fact, out of the 10 richest people, eight are from this sector. These include notable names such as Larry Ellison, founder of Oracle, followed by Microsoft co-founder Bill Gates and Larry Page, co-founder of Alphabet, Google's holding company, respectively.

Top 10 Billionaires Worldwide by Net Worth

The billionaires who will become the first trillionaires: Who will arrive first?

The technology industry has also been one of the best performing sectors, with six of the seven companies that have reached trillion dollar status coming from this field. According to a recent report from Informa Connect Academy, Microsoft, Apple, Nvidia, Alphabet and Meta are all valued at over $1 trillion as of July 2024.

The same report also explored which of today's multi-billionaires were most likely to achieve trillionaire status, with predictions that the world could see its first trillionaire in just three years. The analysis was based on net worth data of the world's 30 richest people and calculations of their average annual growth rate over the past five years.

The results were then used to create 30-year projections of each person's wealth to predict who is likely to become a trillionaire and estimate the year they would reach that status.

Who will be the first trillionaire in the world?

Topping the list was Elon Musk, who could become the first trillionaire by 2027, with a net worth "growing at an average rate of 109.88 percent annually."

Top 15 billionaires predicted to become trillionaires

The billionaires who will become the first trillionaires: Who will arrive first?

Much of Musk's fortune is tied to his stake in Tesla, the world's most valuable carmaker, and private rocket company SpaceX. It also owns about 79 percent of X Corp, which it bought in 2022 for $44 billion (about €39.6 billion), though its value has fallen sharply since then.

Additionally, Musk also owns stakes in several startups, including Neuralink, The Boring Company, and xAI. He may be succeeded by Gautam Adani, the founder of the India-based Adan Group, who is expected to reach trillionaire status by 2028. That same year, Jensen Huang, one of the founders of the trillion-dollar company NVIDIA, is expected to become the tech industry's next trillionaire, with an annual net worth growth rate of nearly 112 percent.

Of all 28 individuals predicted to become trillionaires within the next 30 years, 11 (about 40 percent) were from the technology field alone. The list included other big names in the industry such as Mark Zuckerberg, Larry Page, Jeff Bezos, Zhang Yiming, the founder of TikTok's parent company ByteDance, and Bill Gates, rounding out the list.

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