Amazon's Jeff Bezos in lead to be world's first trillionaire | Fin24
 
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Amazon's Jeff Bezos in lead to be world's first trillionaire

Jul 16 2018 22:30

The world's wealthiest people collectively hold a $63.5trn fortune and are on track to exceed $100trn by 2025, according to a new analysis.

Meanwhile, Amazon CEO Jeff Bezos – who became the first centi-billionaire earlier this year – is in the lead in the race to become the first trillionaire, too.  

Electronics and tool distributor RS Components has analysed historical Bloomberg data to predict the world's first trillionaires, in a report they titled The Four-Comma Club.According to the analysis, Bezos is on track to become a dollar trillionaire in September 2030 – just 12 years from now, at age 66.

The youngest entrepreneur to become a trillionaire will be Yang Huiyan in July 2036, at 54 years old. Yang Huiyan is the Vice-Chairperson of Country Garden, a property development company based in China.

The oldest businessman to become a trillionaire will be Alexei Mordashov, a shareholder of Severstal. He will be 89 years old and become a member of the four comma club in August 2055, the report says.

Not too far behind will be Tesla's Elon Musk, who is expected to become a trillionaire at 78, in November 2050.

Meanwhile, extensive controversy does not appear to have knocked Facebook's Mark Zuckerberg's wallet too hard. Zuckerberg can expect to join the four-comma club in December 2044, when he is 60.

 [Source: RS Components]

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