Elon Musk May Be World's 1st Trillionaire By 2027, Adani In 2028: Report

Elon Musk, the charismatic CEO of electric car maker Tesla and rocket manufacturer SpaceX, may become the world's first trillionaire by 2027, while Indian tycoon Gautam Adani may attain that status in the following year, and Asia's richest man Mukesh Ambani may do so in 2033, according to an Informa Connect Academy report.

For Elon Musk, the richest in the world with USD 237 billion net worth, to become the world's first trillionaire needs to grow at an average annual growth rate of 110 per cent, the report said.

Gautam Adani, who is ranked 13th on the world billionaire index with a wealth of just under USD 100 billion, maybe the second trillionaire (net worth equal to at least one trillion US dollars) if his ports-to-power conglomerate was to continue growing at the current 123 per cent average annual rate, it added.