Since succeeding former Amazon CEO Jeff Bezos last year to earn the title of the world's richest man, Elon Musk has so far secured the title of the world's richest man, and although Musk has repeatedly said that material possessions are not his concerns and eventually sold almost all of his personal property as evidence, a new study from Tipalti Approve suggests that Musk could still be the first to accumulate a net worth of $1 trillion. And they believe that such a situation could occur as early as 2024.
According to Forbes' real-time list of billionaires, Musk's net worth has now exceeded $260 billion, which is nearly $70 billion higher than Bezos's current estimate of about $190 billion, and Musk's wealth has soared in the past few years, thanks to his majority stake in Tesla, which has grown significantly since 2020 and become the world's largest car company, and space company SpaceX has also provided a lot of help for Musk's net worth soaring. And may bring Musk more benefits in the next two years.
Approve said through Yahoo Finance: "Musk's wealth has grown by an average of 129% per year since 2017, which may allow him to enter the trillion-dollar club within two years, and by 2024, when he is 52 years old, he will achieve his goal of a net worth of $1.38 trillion, and SpaceX has also generated huge revenue by charging government and commercial customers to send various things into space, including satellites, supplies to the International Space Station and personnel." ”
For example, TikTok founder Zhang Yiming expects to reach $1 trillion by 2026, when he is 42 years old, which will also make him the youngest trillionaire, and Bezos may not reach trillion dollars until 2030. According to a previous Approve report: "A few years ago, Bezos was expected to be the world's first trillionaire, but now he won't join the trillion club until 2030, which also makes him about six years slower than Musk to reach his first trillionaire goal." ”