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Meet 5 billionaires who are racing to become trillionaires

Published September 8th, 2024 - 08:56 GMT

On September 29, 1916 newspapers across America announced the discovery of a wealth-creating phenomenon that was once thought to be impossible to attain: the world's first billionaire.

Over a century since the emergence of America's first billionaire the question of who will be the first to reach trillionaire status remains. At least 6 companies have achieved this milestone.

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1. Elon Musk (shutterstock)

Musk is currently the world's wealthiest person, with a net worth of $251 billion, according to the Bloomberg Billionaires Index. "Connect Academy expects that Elon Musk will become a trillionaire at some point in 2027. (shutterstock)

2. Gautam Adani. (shutterstock)

The second person expected to become a trillionaire will be the Indian Gautam Adani, founder of the Adani Group. If Adani maintains his current annual growth rate, the report says he will become a trillionaire in 2028. (shutterstock)

3. Jensen Huang. (shutterstock)

Jensen Huang, the CEO of Nvidia, whose wealth has grown from $3 billion to over $90 billion in five years, will become a trillionaire by 2028. His wealth will need to continue growing at an average annual rate of 112%. Nvidia's stock has already risen by around 115% this year, after more than tripling last year. (shutterstock)

4. Prajogo Pangestu.

The fourth on the list is Prajogo Pangestu from Indonesia, the founder of the Indonesian energy and mining conglomerate Barito Pacific. The report expects Pangestu to become a trillionaire by 2028. (Forbes)

5. Bernard Arnault.

Bernard Arnault, the CEO of LVMH, who is currently the third richest person in the world with less than $200 billion, will be in fifth place. The report indicates that he will become a trillionaire at some point in 2030, along with Meta CEO Mark Zuckerberg. (Forbes)

1. Elon Musk (shutterstock)
2. Gautam Adani. (shutterstock)
3. Jensen Huang. (shutterstock)
4. Prajogo Pangestu.
5. Bernard Arnault.
1. Elon Musk (shutterstock)
Musk is currently the world's wealthiest person, with a net worth of $251 billion, according to the Bloomberg Billionaires Index. "Connect Academy expects that Elon Musk will become a trillionaire at some point in 2027. (shutterstock)
2. Gautam Adani. (shutterstock)
The second person expected to become a trillionaire will be the Indian Gautam Adani, founder of the Adani Group. If Adani maintains his current annual growth rate, the report says he will become a trillionaire in 2028. (shutterstock)
3. Jensen Huang. (shutterstock)
Jensen Huang, the CEO of Nvidia, whose wealth has grown from $3 billion to over $90 billion in five years, will become a trillionaire by 2028. His wealth will need to continue growing at an average annual rate of 112%. Nvidia's stock has already risen by around 115% this year, after more than tripling last year. (shutterstock)
4. Prajogo Pangestu.
The fourth on the list is Prajogo Pangestu from Indonesia, the founder of the Indonesian energy and mining conglomerate Barito Pacific. The report expects Pangestu to become a trillionaire by 2028. (Forbes)
5. Bernard Arnault.
Bernard Arnault, the CEO of LVMH, who is currently the third richest person in the world with less than $200 billion, will be in fifth place. The report indicates that he will become a trillionaire at some point in 2030, along with Meta CEO Mark Zuckerberg. (Forbes)

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