As of 2024, five billionaires are on track to become the world’s first trillionaires, driven by rapid increases in their net worth across various industries. Here are the details:
The CEO of Tesla, SpaceX, and X (formerly Twitter) is the top contender, with his net worth growing at around 110% annually. Currently valued at about $250 billion, Musk’s wealth is fueled by his innovative ventures in electric vehicles, space exploration, and social media(International Business Times)(Fox Business).
Chairman of the Adani Group, a diversified conglomerate involved in industries like infrastructure and energy. His net worth is growing at 123% annually, and he is poised to reach the trillion-dollar milestone shortly after Musk(International Business Time)(Yahoo Finance).
The founder and CEO of NVIDIA, a leader in the development of graphics processing units (GPUs) and AI technologies. Huang’s growing involvement in the AI boom has accelerated his wealth trajectory(International Business Times)(Fox Business).
Founder of Barito Pacific, an Indonesian conglomerate focused on energy, petrochemicals, and forestry. His business growth, especially in energy sectors, is positioning him to cross the trillion-dollar mark soon(Fox Business).
CEO of LVMH (Moët Hennessy Louis Vuitton), Arnault is the leading figure in the luxury goods market. His vast holdings in fashion, wine, and retail are driving consistent growth in his wealth(Yahoo Finance)(International Business Times).
These five individuals are leading the race, propelled by rapid advancements in tech, energy, and luxury sectors.