look news india
New Delhi: According to a report by Informa Connect Academy, an organization that keeps an eye on the wealth of billionaires, the world's richest man, Elon Musk, will become the world's first trillionaire by 2027.
Musk, the owner of electric carmaker Tesla, private rocket company SpaceX and social media platform X (Twitter), has seen an average annual growth of 110 per cent, according to the academy's report.
If his wealth continues to grow at this pace, he will become the world's first trillionaire in 2027. According to the Bloomberg Billionaires Index, Musk is the richest person in the world with a net worth of $237 billion.
It is worth noting that so far eight companies in the world have a market cap of more than one trillion dollars. These eight companies include Microsoft, Apple, Nvidia, Alphabet, Amazon, Saudi Aramco, Meta and Berkshire Hathaway.
Unsurprisingly, Jensen Huang, CEO of chip and semiconductor giant Nvidia, is ranked third on the list of potential trillionaires. He is currently ranked 18th on the rich list. His current wealth is $90 billion.
Meta CEO Mark Zuckerberg is also on the list of potential billionaires. He will join the list of billionaires by 2030.