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https://theconversation.com/tech-billionaire-elon-musk-is-on-track-to-become-the-worlds-first-trillionaire-its-a-sign-markets-arent-working-238560>
"Apparently, the world is about to get its first trillionaire.
A report from the business intelligence agency Informa Connect says, at his
present rate of wealth accumulation, tech billionaire Elon Musk is on track to
be the world’s first trillionaire, three years from now.
At the moment Musk is said to be worth US$195 billion (A$293 billion), but if
his wealth continues growing at the recent rate of 110% per year, he will hit
US$1.195 trillion in 2027.
The next trillionaire after Musk should be Indian mining magnate Gautam Adani,
followed by Nvidia chief Jensen Huang and Indonesian mining mogul Prajogo
Pangestu, all of whom are on track to hit the milestone in 2028.
The nearly 1 billion human beings who don’t yet have electricity connected to
their homes will doubtless be looking on with interest as the tech bros and
mining bosses vie to crack 13 digits.
Before examining how it is that someone could ever make a trillion-dollar
fortune, and what it might mean for the world for so much of the world’s wealth
to be held in the hands of one person, it is important to first try to
comprehend how big a trillion actually is."
Cheers,
*** Xanni ***
--
mailto:xanni@xanadu.net Andrew Pam
http://xanadu.com.au/ Chief Scientist, Xanadu
https://glasswings.com.au/ Partner, Glass Wings
https://sericyb.com.au/ Manager, Serious Cybernetics
