Elon Musk on track to become world’s first trillionaire according to report

If Elon Musk’s wealth continues to grow at its current rate, he is set to become the world’s first trillionaire, according to the British newspaper the Guardian. Musk, who manages the electric vehicle manufacturer Tesla, the rocket company SpaceX, and the social media platform X, is experiencing an average annual increase in his fortune of about 110%. This information is revealed in a report by Informa Connect Academy.

At this pace, the threshold of one trillion dollars could also be crossed by Jensen Huang, CEO of technology company Nvidia; Gautam Adani, owner of the Adani Group; and Prajogo Pangetsu, founder of Barito Pacific Group. Furthermore, at the same rate, Mark Zuckerberg, CEO of Meta, and Bernard Arnault, CEO of LVMH, are projected to join this elite group by 2030.