Predicting the World’s First Trillionaires (2024)

FAQs

Who will be the first trillionaire in the world? ›

"Of the 21 individuals who stand a chance of reaching this phenomenal milestone in their lifetime, Elon Musk is predicted to be the first," said CEO Magazine.

“At current rates, it will take 230 years to end poverty, but we could have our first trillionaire in 10 years,” states the report, which highlights the growing inequality alongside the staggering net worth of the five men.

Mark Cuban Predicts World's First 'Trillionaire' Won't Be Musk Or Bezos — It'll Be Someone Who 'Masters AI' And Applies It In Brand New Ways.

As of today, no billionaire is within striking distance of becoming a trillionaire. Elon Musk is, at present, the world's richest person, with a net worth of $206 billion, while Jeff Bezos is in the number two position with $179 billion, according to Bloomberg.

At any rate, there is no single identifiable person who seems on track to become a trillionaire within the next decade. Eventually it will happen — and a good share of the credit should go to the Federal Reserve, not necessarily the person who earned the money.

We never would've thought in a million years we'd be alive to see the first quadrillionaire. We were wrong! That's right, an American man recently became the first person in the history of mankind to become a quadrillionaire.

A trillionaire is an individual with a net worth equal to at least one trillion in U.S. dollars or a similarly valued currency, such as the euro or the British pound. Currently, no one has yet claimed trillionaire status, although some of the world's richest individuals may only be a few years away from this milestone.

quadrillionaire (plural quadrillionaires) Somebody whose wealth is greater than one quadrillion units of the local currency. quotations ▼ (by extension) An extremely wealthy person. quotations ▼

Vladimir Putin

Browder, the American-born British financer is the CEO and founder of Hermitage Capital Management, which had at one point as much as $4 billion invested in Russian stocks. His claim would make Putin the richest person on the planet by a mile and a half (Bezos is merely at $148 billion).

Who is the no. 1 richest person in the world? ›

Bernard Arnault, chairman of LVMH, is the richest person and the richest man in the world with a net worth of $215 billion. After Arnault is Jeff Bezos, founder of Amazon. Other billionaires with some of the largest net worths include Tesla's Musk, Microsoft's Bill Gates, and Oracle's Larry Ellison.

Clemente Del Vecchio

Delfin also owns shares in other large companies, including multiple banks. Clemente was at one time the world's youngest billionaire (at the age of 18), but he has since aged out of that title, which is now held by Livia Voigt.

Bernard Arnault will reach trillionaire status at age 72 in 2029, 5 years after Elon Musk. Arnault is the chairman and chief executive of the world's largest luxury goods company, Moët Hennessy Louis Vuitton (LVMH).

It is difficult to say definitively who will be the richest person in 2050. However, there are a few people who are likely to be in the running. One possibility is Elon Musk. Musk is the CEO of Tesla and SpaceX, and he is also the richest person in the world today.

The next big number after a trillion is a quadrillion, which is 1,000 trillion.

Among the findings, Oxfam highlighted how the personal fortunes of the world's five richest people — Tesla CEO Elon Musk, Bernard Arnault and his family of luxury company LVMH, Amazon founder Jeff Bezos, Oracle founder Larry Ellison and investment guru Warren Buffett — have more than doubled since 2020.

"Mansa Musa Of Mali May Have Been The Richest Person In History." History.