Published 18:10 IST, September 9th 2024
Elon Musk, Gautam Adani, and More: Top 10 Billionaires Set to Become Trillionaires Soon | Full List
After Musk and Adani, several other global business leaders are lined up as trillionaires. Popular names include:- Jensen Huang, Mark Zuckerberg.
New Delhi: Elon Musk, the CEO of Tesla and SpaceX, may become the world's first trillionaire by 2027, according to an Informa Connect Academy report. Currently holding a net worth of USD 237 billion, Musk needs to grow his wealth at an average annual rate of 110% to reach the trillionaire mark. His innovative ventures in electric cars and space exploration are likely key drivers for this unprecedented financial milestone.
Indian tycoon Gautam Adani, ranked 13th on the global billionaire index with just under USD 100 billion, is expected to become the second trillionaire, possibly by 2028. Adani’s ports-to-power conglomerate has been growing at an average annual rate of 123%, a trajectory that may soon catapult him to trillionaire status if sustained.
Mukesh Ambani , Asia’s wealthiest individual with a net worth of USD 111 billion, is likely to reach trillionaire status by 2033. His oil-to-telecom giant, Reliance Industries Ltd, is projected to hit a trillion-dollar market capitalization by 2035, making it the only Indian company likely to achieve this level of valuation.
Other Billionaires on the Trillionaire Track
After Musk and Adani, several other global business leaders are lined up as trillionaires. Popular names include:
- NVIDIA founder Jensen Huang
- Indonesian tycoon Prajogo Pangestu
- French luxury magnate Bernard Arnault
- Facebook CEO Mark Zuckerberg.
Top 10 richest people who are on track to become trillionaires
| Rank | Name | Companies | Country | Predicted Year | Annual Wealth Growth Rate |
|---|---|---|---|---|---|
| 1 | Elon Musk | Tesla, SpaceX | USA | 2027 | 110% |
| 2 | Gautam Adani | Adani Group | India | 2028 | 123% |
| 3 | Jensen Huang | NVIDIA | USA | 2028 | 112% |
| 4 | Prajogo Pangestu | Barito Pacific | Indonesia | 2028 | 136% |
| 5 | Bernard Arnault | LVMH | France | 2030 | 29% |
| 6 | Mark Zuckerberg | Meta | USA | 2030 | 36% |
| 7 | Phil Knight | Nike | USA | 2030 | 8% |
| 8 | Mukesh Ambani | Reliance Industries | India | 2033 | 28% |
| 9 | Michael Dell | Dell Technologies | USA | 2033 | 31% |
| 10 | Steve Ballmer | Microsoft | USA | 2034 | 26% |
Companies in the Trillion- Dollar Club
Currently, only a few companies have crossed the USD 1 trillion valuation mark. These include tech giants like
Saudi Aramco and Berkshire Hathaway also recently joined the ranks, with Nvidia hitting the USD 1 trillion mark in May 2023 and surging to USD 3 trillion by June, positioning itself as the world’s second most valuable company.
The Race to a Trillion- Dollar Market Cap
The report further highlights companies that are expected to join the trillion-dollar market cap club in the near future. Taiwan Semiconductor Manufacturing Company (TSMC) is on track to achieve this milestone by 2025. Moreover, firms like Berkshire Hathaway, pharma giant Eli Lilly, technology powerhouse Broadcom, and Tesla are projected to reach this prestigious financial benchmark soon.
Updated 18:10 IST, September 9th 2024