Musk currently has an estimated net worth of $ 200 billion, the highest value of all living things. In mid-January this year, that figure stood at $ 263 billion. Musk's lucrative business at Tesla (TSLA) is the only donor to his vast fortune; his SpaceX project that has pushed his total value into the twelve-digit range.
"Since 2017, Musk's fortune has shown an average annual growth rate of 129%, which is likely to see him enter the trillion dollar club in just two short years, earning a total of $ 1.38 billion by 2024 at the age of 52," he said. said the Approve report. found. "SpaceX makes a lot of money by charging government and commercial customers to ship a variety of objects into space, including satellites, ISS services, and people."
Other names on the list include Gautam Adani, chairman and founder of the Indian conglomerate Adani Group (ADANIENT), Microsoft (MSFT) founder Bill Gates, chairman and founder of Beijing ByteDance Technology Co. Zhang Yiming, and former Amazon (AMZN) CEO Jeff Bezos.
Zhang Yiming, founding parent of popular video sharing software company TikTok and Toutiao, is expected to reach the trillionaire position by 2026. If that happens, Yiming will become the youngest trillionaire in the world, at 42 years old.
Guesses like this are hard to predict, says the report, because wealth can grow (or fall) very quickly and thus change position quickly. Zhong Shanshan, chairman of the Chinese bottled water company Nongfu Spring, saw his balloon price increase from $ 2 billion by 2020 to $ 71 billion by 2022 after public donations from his two companies took place in Hong Kong.
"In 2017, e-commerce and procurement giant Jeff Bezos became the first to reach $ 100 billion since Bill Gates back in 1999," the report said. "It was Bezos, not Musk, who a few years ago was expected to become the world's first billionaire, and who was not expected to join the club until 2030, almost six years after Musk."
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