Elon Musk to become first trillionaire by 2027, Adani, Jensen Huang to follow

First trillionaire on earth: Serial entrepreneur and the richest man in the world Elon Musk is on his way to becoming the first trillionaire by 2027, according to a latest report. 

A report by Informa Connect Academy estimates that Elon Musk is on course to become the world's first trillionaire. The head of Tesla , SpaceX, and X, formerly known as Twitter, has increased his fortune by an average of 110 per cent per year, according to the Bloomberg Billionaires Index, which puts him at the very top of the rich list with a net worth of $237 billion.

The report also sees Gautam Adani, founder and chairman of the Adani Group , emerging as a potential second trillionaire by 2028, while the growth of his wealth is at an average of 123 per cent annually.

The report further pegs Jensen Huang, chief of chip and semiconductor company Nvidia, as a potential trillionaire; his net worth has already overshot $90 billion. 

The chief of Meta, Mark Zuckerberg and  Bernard Arnault, the LVMH Moët Hennessy Louis Vuitton boss will also join by 2030, if that is the going trend, according to the report.

So far, only eight firms have ever breached the market capitalisation barrier of over one trillion dollars: Microsoft, Apple , Nvidia, Alphabet, Amazon, Saudi Aramco, Meta, and the latest entrant Berkshire Hathaway, directed by Warren Buffet.