According to a study published Friday by Approve.com, a division of software company Tipalti Approve, his fortune has grown an average of 129 percent over the past six years. Musk is currently worth $263 billion.

Then, in 2025, the Gautam Adani family could join the billionaire club, she said. Its assets, currently at $93 billion, have grown by an average of 121 percent in recent years. The Adani Group controls seven listed companies that operate airports, seaports, power stations or trade in oil and gas.

Arnaud is the first European

Zhang Yiming, founder of TikTok’s parent company ByteDance, ranked third, according to Approve.com. It is currently valued at $59 billion, and at a sustainable annual growth rate of 123 percent, it will break the $1 trillion sound barrier in 2026.

Bernard Arnault, a major shareholder in luxury goods manufacturer LVMH, will likely be the first European to reach that mark, but not until 2029. Its current $186 billion in assets have grown an average of 27 percent in recent years.

(Reuters)

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