Elon Musk is on pace to become the world’s first trillionaire by 2027, according to a new report from a group that tracks wealth.
Informa Connect Academy’s finding about the boss of the electric carmaker Tesla, private rocket company SpaceX and social media platform X (formerly Twitter) stems from the fact that Musk’s wealth has been growing at an average annual rate of 110%. He was also the world’s richest person, with $251bn, according to the Bloomberg Billionaires Index, as the academy’s 2024 Trillion Dollar Club report began circulating on Friday.
