Elon Musk can become the first trillionaire in the world
September 18, 20242 Mins Read
International Desk: Ownership of Tesla, SpaceX and social media X has already established Elon Musk as the richest person in the world. Currently, his net worth is $250 billion. According to international analysts, if the pace at which Musk's wealth continues to grow, he may become the owner of the first trillion dollars by 2027. If this happens, he will be called the world's first 'trillionaire'.

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But Elon Musk's unprecedented wealth growth has two major rivals — Nvidia CEO Jensen Huang and India's richest businessman Gautam Adani. Currently, Huang's assets are $104 billion and Adani's assets are $111 billion. It is believed that by 2028 these two can join the trillion dollar club.

According to a report by the US media Bloomberg, Elon Musk's wealth is increasing at a rate of 110 percent every year. Tesla is the most profitable of the companies he owns. Musk owns 13 percent of the electric car maker, which is worth $9,300 million.

If the profits from Tesla continue, Musk's net worth could surpass $1 trillion by the end of 2027, according to Bloomberg.

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While Musk's wealth growth has been impressive, the future depends on the momentum of his business. If he suffers a major financial loss, Jensen Huang or Gautam Adani may overtake him as the world's first trillionaire.