Elon Musk Could Be The First Trillion Dollar Billionaire By 2024

According to Forbes’ real-time-based billionaire list, the net worth of Elon Musk reached a record $267.3 billion on March 24.

Elon Musk won the title of richest person in the world from Amazon CEO Jeff Bezos – who is now worth 189.2 billion USD, last year.

Billionaire Elon Musk. (Image: Getty Images)

Tipalti Approve’s average annual growth trend analysis shows that Elon Musk is predicted to become the first person to accumulate a net worth of $1 trillion by 2024.

Meanwhile, Musk has repeatedly stated that physical possessions are not his concern and has sold nearly all of his personal possessions as proof.

According to a report by Tipalti Approve, since 2017, Mr. Musk’s wealth has increased by an average of 129% annually. This could help him join the trillion-dollar club in just two short years, with a net worth of $1.38 trillion by 2024 at the age of 52.

Electric car company Tesla has contributed in no small part to his explosive fortunes. However, it is the SpaceX space exploration project that is the factor that brings his fortune to 12 figures. SpaceX has earned a huge revenue stream from its mission of transporting passengers and cargo to space.

SpaceX has also helped skyrocket Musk’s net worth and could drive further growth over the next two years.

After Elon Musk, another billionaire who is also expected to reach a trillion-dollar fortune is TikTok founder Zhang Yiming. The Chinese billionaire could reach a net worth of $1 trillion by 2026 at the age of 42, making him the world’s youngest trillion-dollar billionaire.

Jeff Bezos, the former Amazon CEO who is now worth $189.2 billion, is unlikely to hit the trillion threshold before 2030.

Other “tycoons” on the waiting list for promotion include Gautam Adani, Chairman and founder of India’s Adani Group and Microsoft co-founder Bill Gates.

* Invite readers to watch programs broadcast by Vietnam Television on TV Online and VTVGo!