Tesla CEO Elon Musk on Track to be the World's First Trillionaire by 2027

Tesla CEO Elon Musk's Trillionaire Aspirations

Tesla CEO Elon Musk is on a remarkable path to achieve the title of world's first trillionaire by 2027, according to the latest report from Dubai-based Informa Connect Academy. With his fortune ballooning to $241 billion, Musk's wealth is growing at an astonishing annual rate of over 110%, as detailed in Bloomberg’s billionaire index.

Gautam Adani: The Contender for Second Trillionaire

Following closely, Indian industrialist Gautam Adani is anticipated to reach the trillionaire milestone by 2028, propelled by a remarkable annual growth rate of 123% in his wealth. Other billionaires, including Jensen Huang, Mark Zuckerberg, and Bernard Arnault, may join this exclusive club by 2030.

India's Wealth Boom

• India has seen its richest individuals' combined wealth surge past $1 trillion, reaching $1.19 trillion.
• 185 dollar billionaires are contributing to this wealth boom.
• Both Gautam Adani and Mukesh Ambani, with wealth exceeding Rs 10 trillion, lead the rankings.
• The Shapoorji Pallonji family follows, boasting a fortune of Rs 3,64,932 crore.

As noted in the Hurun India Rich List 2024, the country is minting billionaires every five days in 2023, with the total of 1,539 ultra-wealthy individuals emerging. Meanwhile, Bloomberg's real-time index confirms Ambani as the richest Asian at $111 billion, followed closely by Adani at $99.6 billion.