Elon Musk is currently the richest man in the world and he could become the first trillionaire in history by 2024. The CEO of Tesla and SpaceX would thereby overtake Jeff Bezos, former Amazon boss and second richest man in the world.
Elon Musk is the richest man in the world of an estimated net worth of more than $267 billion, according to the Forbes rankings. He passed Jeff Bezos, former Amazon bosswhose assets exceed $189 billion. The CEO of Tesla and SpaceX is not interested in material possessions as he has sold his 7 real estates. He sold the latter a few months ago for $30 million.
With few material possessions, Elon Musk owes much of his fortune to Tesla† Indeed, the automaker’s value has exploded since 2020. SpaceX also plays an important role. The aerospace company founded by Elon Musk has become the second most valuable private company in the world. end of 2021, SpaceX’s Market Value Has Surpassed $100 Billion† Now Elon Musk could soon become the world’s first billionaire.
Elon Musk’s fortune has grown 129% a year since 2017
According to a study by Tipalti Approve, Elon Musk the world’s first billionaire in 2024† The report explains that: Since 2017, Musk’s fortune has recorded an average annual increase of 129%, potentially allowing him to enter the trillion dollar club in just two short years and reach a net worth of $1.38 trillion by 2024 at age 52. †
SpaceX who plans to send its space transport system Starship into orbit as early as May will contribute to this important step for Elon Musk. Tipalti Approve clarified that: “ SpaceX generates huge revenues by charging government and commercial customers to send various things into space, including satellites, supplies for the ISS, and humans †
Finally, other billionaires would also see their fortunes exceed a trillion dollars, but not before Elon Musk. The founder of the social network TikTok, Zhang Yiming would become the world’s youngest billionaire by 2026 at the age of 42† Jeff Bezos wouldn’t join the trillionaires club until 2030, six years after Elon Musk.