As the wealth of billionaires continues to grow, predictions suggest that the world will witness its first trillionaire by 2027, with Elon Musk likely to achieve this milestone. According to a recent report, the CEO of Tesla and SpaceX is on track to reach a net worth of one trillion dollars, driven by his 110% annual wealth growth rate. Musk is currently the richest person in the world, with a net worth of $256 billion.
In the next decade, the world could see 10 more trillionaires, including Indian billionaires like Gautam Adani and Mukesh Ambani. The analysis, based on the increase in their net worth between 2017 and 2024, suggests that Adani could become a trillionaire by 2028, while Ambani may follow suit in 2033.
Gautam Adani Could Reach the Trillionaire Club by 2028
Gautam Adani, who ranks 14th among the world’s richest people with a net worth of $103 billion, is also on a fast track to join the trillionaire club. The report estimates that Adani’s wealth could grow at an average rate of 123% annually, placing him in the trillionaire bracket by 2028. Adani’s rise in wealth is closely tied to his success in industries like infrastructure, energy, and logistics.
Adani’s achievement will come a few years ahead of Mukesh Ambani, who is predicted to become a trillionaire by 2033. Ambani, the chairman of Reliance Industries, is currently the richest man in Asia, with a net worth of $113 billion, making him the 12th richest person globally.
Other Billionaires to Join the Trillionaire Club
Several other billionaires are also projected to cross the trillion-dollar mark in the next decade. Jensen Huang, the CEO of Nvidia, and Prajogo Pangestu, Indonesia’s richest man, are expected to reach this status by 2028. Pangestu, who has a current net worth of $29.1 billion, ranks 61st among the world’s wealthiest.
Bernard Arnault, the CEO of luxury goods company LVMH, is expected to become a trillionaire by 2030, along with Facebook parent Meta’s CEO Mark Zuckerberg and Nike co-founder Phil Knight. Arnault, with a net worth of $191 billion, currently ranks second on the global list of billionaires.
When Will Mukesh Ambani’s Turn Come?
While Gautam Adani could achieve trillionaire status in 2028, Mukesh Ambani is expected to hit this milestone in 2033. Ambani has been steadily increasing his wealth through his business ventures in petrochemicals, retail, and telecommunications. His company, Reliance Industries, is India’s most valuable, and Ambani is Asia’s wealthiest individual.
Ambani’s net worth has grown significantly this year, adding $16.7 billion to his fortune. He is closely followed by Michael Dell, who ranks 13th on the list of the world’s richest people with a net worth of $110 billion. Dell is expected to join the trillionaire club around the same time as Ambani. Steve Ballmer, former CEO of Microsoft, is another strong contender, projected to reach the trillionaire status by 2034.
As the wealth of these billionaires continues to rise, the world is on the verge of seeing the first trillionaire within the next few years, with several others following soon after.
