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Elon Musk on his way to becoming the world’s first trillionaire | Hip Hop Corner: French Rap, US News and Culture

Elon Musk’s achievement seems unsurpassed. The Tesla Motors boss didn’t always know only moments of glory. Between his recent attempt to take over Twitter and his controversial tweets, which cost significant sums each time, Musk is doing pretty well.

Elon Musk will be a trillionaire by 2024

Elon Musk’s few failures are like a grain of sand in the sea: between losses in the stock market, unscrupulous stock investors, or even allegations of sexual harassment, his fortune remains colossal. The financial wealth of a businessman is constantly increasing. According to a recent analysis by Approve, Elon Musk could become a trillionaire very soon, in 2024 to be exact.

The study, called the Trillion Dollar Club, aimed to predict which billionaires would become trillionaires and when. “We compared the annual net worth of the top 30 richest people from 2017 to today to calculate the annual growth rate of each of our billionaires and estimate how soon each of them will reach one trillion dollars.”

The study took into account the current net worth of the billionaire, which at the beginning of 2022 was $ 263 billion. A relative growth rate (129% approximately every year) was applied to it. These estimates showed that it only takes Elon Musk two years to reach trillionaire status.

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