REPORT: Elon Musk could soon become world’s first trillionaire

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From Fox Business: Elon Musk could become the first trillionaire within the next couple of years, according to a new report.

Informa Connect Academy identified Musk, the CEO of Tesla, SpaceX and X, as the “clear favourite” to amass a 13-figure net worth before any other billionaires in a recently released report.

Musk, who is worth $241.8 billion, according to Forbes, could reach a staggering new level of wealth by 2027 thanks to how quickly his net worth increases each year, the report estimated.

His personal fortune climbs nearly 110% each year on average, Informa Connect Academy found.


Musk, 53, was born in South Africa, and has been a U.S. citizen since 2002. He is currently ranked as the wealthiest person in the world.

Politically, Musk now aligns more with conservatives, and has endorsed former President Donald Trump, the 2024 Republican nominee, for president in this year’s election.

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