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Elon Musk to be world’s first trillionaire: Report

Staff Correspondent
16 Jun 2022 14:05:20 | Update: 16 Jun 2022 14:18:04
Elon Musk to be world’s first trillionaire: Report
SpaceX founder Elon Musk reacts at a post-launch news conference after the SpaceX Falcon 9 rocket, carrying the Crew Dragon spacecraft, lifted off on an uncrewed test flight to the International Space Station from the Kennedy Space Center in Cape Canaveral, Florida, US, March 2, 2019 — Reuters Foundation

A report, titled ‘The Trillion Dollar Club’, speculates that SpaceX founder and Tesla CEO Elon Musk will become a trillionaire in the next two years.

Tripalti Approve made its predictions by comparing the annual net worths of the world’s 30 richest people from 2017 to 2022 to calculate the year-on-year annual growth rate for each of them.

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As of 14 June, Forbes estimates the maverick business tycoon’s real-time net worth at USD 203.3 billion. Yet he is far ahead of the second-placed Bernard Arnault & family, whose net worth as of the date stands at USD 140.2 billion.

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If things go smooth for him, Musk could be well on his way to becoming the world’s first trillionaire by 2024.

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