Gautam Adani (Adani Group) and Jensen Huang (Nvidia) round out the top 3 of Informa Connect Academy’s “Trillion Dollar Club 2024”
Elon Musk is on track to become the world’s first trillionaire, according to the survey “Trillion Dollar Club 2024”, by Informa Connect Academyreleased on Friday (6.Sep.2024). If the forecast is confirmed, the mark should be reached by the owner of X, Tesla and SpaceX in 2027.
“With a net worth of $195 billion, growing at an average rate of 109.88% per year, Elon Musk is the favorite to become the first trillionaire by 2027.”, informs the platform.
After Musk, the next person to reach trillionaire status is expected to be Gautam Adani, founder of the conglomerate Adani Groupbased in India. With an estimated net worth of $84 billion and an average annual growth rate of 122.86%, the tycoon is expected to reach the milestone by 2028.
Next, the CEO of NvidiaJensen Huang, and the founder of the conglomerate Barito Pacific GroupPrajogo Pangestu. Both should reach 1 trillion in 2028, if their enrichment trajectories continue.
The 5th and 6th candidates to become trillionaires, according to predictions, should be Bernard Arnault, head of LVMH Moët Hennessy Louis Vuittonand Mark Zuckerberg, CEO of Goal. Both are expected to reach the milestone by 2030.
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Only 3 women appear in the top 30 released by Informa Connect Academy. They are: Francoise Bettencourt Meyers, from the French company L’Oréal; Julia Koch, from the American Koch Industries; and Alice Walton, from the North American retailer Walmart. They are expected to reach the 1 trillion dollars in 2040, 2050 and 2051, respectively.
TRILLION DOLLAR COMPANIES
Among the companies, 7 exceeded US$ 1 trillion in market capital in July 2024. They are:
In 1st place on the list of companies applying for the status of trillionaires is the Taiwanese TSMCthe world’s 3rd largest semiconductor manufacturer. It has a market capitalization valuation of $893.7 billion and an average annual growth rate of 32.14%. If it keeps up its pace, it should become a trillion-dollar company by 2025.
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