Musk Vs Rest: Race For First Trillionaire Is Closer Than You Think

The rich are getting richer, and the super rich are reaching the stratosphere, also known as the trillionaire or the four-comma club. Over a century has passed since John D. Rockefeller became the world's first billionaire, and as many as 2,781 people have joined the prestigious list. With wealth continuing to accrue among the world's richest individuals at a fast clip, sights are now set on what will be the even more exclusive 'Trillionaire Tier.'

Since recovering from the exceptional downtick seen during 2020 market by a once-a-century pandemic, financial markets around the world have boomed, with technological developments and new-age sectors growth wealth driven by new innovations across the board.

With companies often being valued based on their profitability, it is fair to say that the growth in these profits is often also reflected in the company's own valuation, as well in the net worth of those who hold stake in those companies.

According to an analysis assuming that net worth were to grow at the same pace as combined profit growth for the listed companies the world's richest hold stakes in, the first members of the might join the 'Four Comma Club' sooner than one expects.

Looking at the fastest-growing individuals on track to joining to the thirteen-digit net worth, the first trillionaire might show up as soon as 2027.

Elon Musk

With a net worth of over $400 billion according to Bloomberg, the CEO of Tesla and SpaceX currently holds the tag of the richest individual in the world.

Growing his wealth at a compounded growth rate over 50% each year since 2020, he's on track to become the world's first trillionaire in as soon as 2027.

Jensen Huang

The chief executive officer of chip-maker Nvidia has skyrocket among the rankings of the world's richest individuals, adding over $70 bn in net worth last year.

His meteoric rise in wealth is directly tied to Nvidia's explosive growth, fueled by the surging demand for its cutting-edge GPUs. These GPUs have become indispensable for powering the artificial intelligence revolution.

Mark Zuckerberg

Second in net worth only to Musk at $247 billion, the CEO of Meta, the parent company of Facebook, Instagram, and WhatsApp has grown his wealth at an impressive pace of nearly 25% CAGR over the last five years.

Even if one were to assume a continued trend, Zuckerberg would take six years to reach the trillion-dollar mark in net worth by

Jeff Bezos

The founder of Amazon and the third-richest person in the world boasts a net worth of $246 billion, growing his wealth 13.4% every year. Assuming continued growth trend, it would take him just over 11 years to join the ranks of trillionaires.