One followed by twelve zeros makes a trillion. Elon Musk could have a lot of money soon enough. This will make him the first person to break this sign of wealth.
He has a good laugh: According to a study, Tesla CEO Elon Musk to be the first trillionaire in human history in two years.
In the past six years, his wealth has grown an average of 129 percent, according to a study published Friday by Approve.com, a division of software company Typality Aprove. Musk is currently worth $263 billion.
One trillion followed by twelve zeros. Exactly how hard this is to imagine. Comparison: Germany’s GDP was $3.8 trillion in 2020.
This is the total value of all consumer goods and services produced or offered in a country in a year. Musk will soon own a quarter of Germany’s annual GDP.
But then he didn’t have that huge amount in his account. He owns most of his fortune from stock in his automobile company, Tesla. Musk also invests his money in cryptocurrencies.
These are the next would-be trillionaires
Then, in 2025, the Gautam Adani family can join the billionaire club. 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.
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.