In addition to world’s richest person, who has $251bn, report names others on track to receive trillionaire status
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 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 Friday.
The academy’s analysis suggested business conglomerate founder Gautam Adani of India would become the second to achieve trillionaire status. That would reportedly happen in 2028 if his annual growth rate remains at 123%.
I’ll believe it when I see it. He made his good financial decisions when he wasn’t full mask-off insane, since his wife left him and his daughter disowned him he’s had more important things to deal with, like wasting his money turning back the clock so neither of them have any rights anymore. Currently he is just banking off of those good early decisions.
I won’t speak to the specific financials of his companies, but I don’t see him maintaining his current growth rate while so distracted for much longer. I also see his attachment to companies as a growing impediment, not an asset.
Meanwhile countless innocent, hard working, and good people are forced into being victims of genocide, abuse, homelessness, hunger, disease, slavery and more. All because the greed of the rich can never be satisfied. Bring out the guillotines.
I'd be more worried about shit like this (reported in the article) ...
(Musk's) post said an interview between former Fox News host Tucker Carlson and podcaster Darryl Cooper – a fellow rightwing media figure – was “very interesting. Worth watching.”
Cooper claimed in the interview that the Nazis did not mean to murder so many people when they carried out the Holocaust and killed 6 million Jews during the second world war. Instead, Cooper remarked, Adolf Hitler’s Nazi regime simply was not equipped to care for them – and the podcaster blamed British prime minister Winston Churchill for “that war becoming what it did”.
Musk ultimately deleted his post, and the White House condemned Carlson’s interview of Cooper as “a disgusting and sadistic insult to all Americans”.
This is a stupid article. I don't think we can expect him to see 123% growth rate for 3 more years. That's like saying my kid grew 6 inches this year by the time they're 40 they will be 19 feet tall.
Not only is it stupid for exaggeration but for also glossing over the idea that it's logical, sensible or moral for any person to own so much wealth that they would never be able to enjoy even just 1% of that during a single lifetime.
It's completely absurd also from the thought that as one person owns enough wealth to pay for the lives of millions of people .... millions of people are living in complete poverty and starvation.
We look through ancient history and laugh at the thought of our ancestors who worshipped kings, queens, god men, emperors and all powerful leaders .... we're still doing the same thing.
These thoughts don't just reflect on people like Musk but on all of us for thinking and accepting that this is all normal behavior for what we all like to think is a modern sophisticated society.
I'm okay with taxing ultrawealthy billionaires and corporations out of existence, and giving them back the benefits of a well-fed/housed/clothed/educated/healthy population, of which they would also be the same.
I know absolutely no one who thinks a Tesla (any of them) is a luxury EV. Musk is doing a great job making them undesirable to the general public, hence the large amount of unsold teslas sitting around in lots. It’s not all because of his politics, some of it is just because their quality control is terrible, as is their software.
Could it perhaps be that online communities are in bubbles that focus primarily on his failures and downvote into oblivion any mention of successes he might have had?
Any reaction gif I could possibly post would be inappropriate and far too disgusting for public viewing, so just imagine I posted a gif of someone spewing bodily fluids out of every orifice like a firehose to gauge my response to finding this out.