Elon Musk Set to Become Earth’s First Trillionaire But at What Cost?
Elon Musk is projected to become the world’s first trillionaire by 2027, according to Informa Connect Academy, with other billionaires like Adani and Zuckerberg following close behind. But the milestone sparks fresh debate about the ethical and environmental cost of extreme wealth.
Elon Musk Could Be the World’s First Trillionaire by 2027, New Report Claims
According to a fresh report from Informa Connect Academy, Elon Musk is on track to become the world’s first trillionaire by 2027. With an astonishing 110% average annual wealth growth rate, Musk’s fortune currently stands at $251 billion. The report projects that if the trend continues, Musk will cross the trillion-dollar mark within the next two years.
Other ultra-wealthy individuals expected to follow include:
· Gautam Adani in 2028
· Jensen Huang and Prajogo Pangestu (also by 2028)
· Bernard Arnault and Mark Zuckerberg by 2030
While tech giants like Nvidia and Berkshire Hathaway have reached trillion-dollar market caps, individual wealth reaching that level is unprecedented and controversial. The report notes growing concerns from academics and environmentalists about the societal and ecological costs of such concentrated wealth.
In related news, Musk is under fire after sharing and later deleting a post supporting a controversial Holocaust interview on X. He’s also facing renewed scrutiny following his endorsement of Donald Trump for the 2024 U.S. presidential race.
