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Elon Musk Predicted To Become World’s First Trillionaire By 2024!

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My Post 2022 03 22T105609.822
Source: NPR & The New York Times

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While the world has no shortage of ridiculously rich tycoons, there’s one thing our planet still doesn’t have. A trillionaire.

But, it looks like it’ll only take another 2 years before the richest person on earth becomes the world’s first trillionaire.

Based on a report by Yahoo! Finance, Tesla and SpaceX founder and CEO, Elon Musk, is well on his way to becoming a trillionaire by 2024.

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A new study by Tipalti Approve had compared the net worth of the world’s wealthiest and have made predictions as to how soon their personal valuations will reach 1 trillion dollars. The predictions indicate that Musk will be the first to hit that milestone.

“Since 2017, Musk’s fortune has shown an annual average increase of 129%, which could potentially see him enter the trillion-dollar club in just 2 short years, achieving a net worth of $1.38 trillion (RM5,814,630,000,000)  by 2024 at age 52,”

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“SpaceX generates massive incomes by charging governmental and commercial clients to send various things into space, including satellites, ISS supplies and people,” the report shared.

Musk is currently worth $200 billion (RM842,300,000,000), making him the richest man on earth. While Tesla has proven profitable, his SpaceX project is the one that has skyrocketed his net worth into the 12-figure range.

Be right back, going to try and build a rocket. 

 

Also read: Jho Low Lost Over RM109 Million in One Night at a Las Vegas Casino

My Post 2022 03 18T154909.559

Source: NPR


Follow us on Facebook, Youtube, Twitter, and Instagram for the latest stories and updates daily.



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