Elon Musk on track to be worlds first trillionaire but rival Jeff Bezos WAY behind year milestone rea… – The US Sun

ELON Musk is on track to become the world's first trillionaire, according to a new study.

While the 50-year-old's SpaceX founder's personal wealth could reach $1trillion dollars in as little as two years, Amazon founder Jeff Bezos is way down on the list, at number seven.

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Musk, the world's richest man, currently has an estimated net worth of $263 billion - with an annual average increase of 129%.

Bezos, once expected to be the world's first trillionaire, is not predicted to become one until he's 65 years old in 2030, according to the study.

Indian billionaire Gautam Adani and his family, who own the commodity trading business Adani Group, would become a trillionaire a year behind Musk, reaching trillionaire status in 2025 at his current rate of growth.

Founder and chairman of Beijing ByteDance Technology Company Zhang Yiming is in third place on the list, which predicts he will become a trillionaire by age 42 in 2016.

This would make him the youngest billionaire to achieve trillionaire status.

Indian businessman Mukesh Ambani is fourth on the list and expected to reach trillionaire status in 2029, when he will be 64.

Tied in fourth place is Bernard Arnault, chairman and chief executive of Mot Hennessy Louis Vuitton (LVMH), who is predicted to reach trillionaire status in 2029.

Currently, there are nine centibillionaires in the world, meaning they have fortunes that exceed $100billion.

The study compared the annual net worth of the world's richest billionaires in order to predict which one will be first to reach a personal valuation of $1trillion dollars.

Of the thirty individuals analyzed, only twenty-one will realistically have a chance of becoming a trillionaire during their lifetime.

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Elon Musk on track to be worlds first trillionaire but rival Jeff Bezos WAY behind year milestone rea... - The US Sun