Elon Musk is currently the richest man in the world, winning last year over former Amazon CEO Jeff Bezos. Although Musk has repeatedly said that material wealth is not his concern, and he has sold almost all of his personal property as evidence, poor old horses do not even hire hundreds of bodyguards, buy a few small islands, find beautiful women to see his big rockets, interfere with the United States Big X, this rich man is too boring, too serious. A new study by Tipalti Approve's team of analysts suggests that Musk could become the first person ever to accumulate a net worth of $1 trillion, possibly by 2024 at the earliest.
According to the Forbes real-time billionaire list, Musk has a net worth of more than $260 billion, nearly $70 billion more than Bezos' current estimate of $190 billion. Musk's fortune has skyrocketed over the past few years, thanks to his majority stake in electric car company Tesla, whose value has grown significantly since 2020. SpaceX also helped Musk's net worth skyrocket and could boost more growth over the next two years.
Musk's wealth has grown by an average of 129% a year since 2017, which could allow him to enter the trillion-dollar club in just two years, achieving a net worth of $1.38 trillion by the age of 52 in 2024. Approve said via Yahoo Finance in their report. SpaceX generates huge revenues by charging governments and commercial customers to send a variety of items into space, including satellites, ISS supplies and personnel. ”
Other billionaires are also expected to reach trillions of dollars, but not before Musk, Bezos may not reach that threshold until 2030, and of course, inflation has been influencing the calculations of the world's richest people for decades.
