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%.

  • @[email protected]English
    2•11 months ago

    One second ago I put a dollar on my dresser. That’s on pace to be 30 million in a year.

  • Flying SquidEnglish
    25•11 months ago

    Any reaction gif I could possibly post would be inappropriate and far too disgusting for public viewing, so just imagine I posted a gif of someone spewing bodily fluids out of every orifice like a firehose to gauge my response to finding this out.

  • @[email protected]English
    125•11 months ago

    I feel like there should be a prize for this

    Perhaps involving a french antique with a place to rest one’s head

  • @[email protected]English
    181•11 months ago

    This is a stupid article. I don’t think we can expect him to see 123% growth rate for 3 more years. That’s like saying my kid grew 6 inches this year by the time they’re 40 they will be 19 feet tall.

    • @[email protected]English
      5•11 months ago

      Solid journalist math. According to this logic, if I keep pressing the gas pedal on a 1.0 VW Golf, it will reach the speed of light by 2028. Amazing performance for such a small machine

    • IninewCrowEnglish
      34•11 months ago

      Not only is it stupid for exaggeration but for also glossing over the idea that it’s logical, sensible or moral for any person to own so much wealth that they would never be able to enjoy even just 1% of that during a single lifetime.

      It’s completely absurd also from the thought that as one person owns enough wealth to pay for the lives of millions of people … millions of people are living in complete poverty and starvation.

      We look through ancient history and laugh at the thought of our ancestors who worshipped kings, queens, god men, emperors and all powerful leaders … we’re still doing the same thing.

      These thoughts don’t just reflect on people like Musk but on all of us for thinking and accepting that this is all normal behavior for what we all like to think is a modern sophisticated society.

      • @[email protected]English
        1•11 months ago

        I hate it, and I think the wealth he hoards should be used on social services and the people who need I’m billionaires, let alone trillionaires, should not exist, millionaires are on thin ice. But what are we to do? Is it possible for me to change the culture where I live so that people no longer worship him? According to your statement, no, we have always been this way. So what then? Do nothing for fear I’ll be the lone ranger and promptly arrested? The State has the keys, and as long as people are divided so much so that we can’t agree its not okay for people to have so much of our single resource pie, we will live with the State’s decree that billionaires deserve to exist.

  • @[email protected]English
    36•11 months ago

    Projecting him reaching a trillion dollars by using his average annual growth rate of >100% is ridiculous.

  • SternEnglish
    27•11 months ago

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

    • @[email protected]English
      5•11 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.

      • @[email protected]English
        10•11 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
      5•11 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.

  • @[email protected]OPEnglish
    51•11 months ago

    I’d be more worried about shit like this (reported in the article) …

    (Musk’s) post said an interview between former Fox News host Tucker Carlson and podcaster Darryl Cooper – a fellow rightwing media figure – was “very interesting. Worth watching.”

    Cooper claimed in the interview that the Nazis did not mean to murder so many people when they carried out the Holocaust and killed 6 million Jews during the second world war. Instead, Cooper remarked, Adolf Hitler’s Nazi regime simply was not equipped to care for them – and the podcaster blamed British prime minister Winston Churchill for “that war becoming what it did”.

    Musk ultimately deleted his post, and the White House condemned Carlson’s interview of Cooper as “a disgusting and sadistic insult to all Americans”.

  • @[email protected]English
    29•11 months ago

    Well, I do wonder what trillionaires taste like. Any seasoning/cooking recommandations ?