Elon Musk, the CEO of Tesla and SpaceX, could become the first person to amass a net worth of $1 trillion as early as 2024, according to a new analysis. According to Teslarati, Musk is currently the richest person in the world, having surpassed former Amazon CEO Jeff Bezos in 2021 for the job.
While Musk has repeatedly said that material belongings aren’t important to him—he eventually sold nearly all of his personal assets as proof—a recent Tipalti Approve analysis says he could become the first person to amass a $1 trillion net worth.
Elon Musk’s net worth tops $260 billion, according to Forbes’ real-time billionaires list, more than $70 billion more than Jeff Bezos’ current estimate of $190 billion. His fortune has risen dramatically in recent years as a result of his majority ownership of Tesla, which has risen in value significantly since 2020. Musk’s net worth has skyrocketed as a result of SpaceX, and the company could see much more growth in the coming years. next two years.
“Since 2017, Musk’s fortune has risen 129% annually, putting him on track to join the trillion-dollar club in just two years, with a net worth of $1.38 trillion by 2024 at 52 years,” Tipalti Approve, the study authors, wrote in their research.
“SpaceX makes a lot of money charging government and commercial customers to get things into space, like satellites, ISS supplies, and people,” he continued. Other billionaires are expected to join Musk in the trillion-dollar club, but not before him, according to the report.
TikTok founder Zhang Yiming is expected to reach a net worth of $1 billion by 2026 at the age of 42, making him the world’s youngest trillionaire. Bezos may not reach the threshold until 2030. Bezos set a new net worth record by surpassing $100 billion before any other entrepreneur on the planet.
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Source: vtt.edu.vn