Trillionaire? One study says we'll see them within a decade (2024)

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Could the world see its first trillionaire within 10 years? ›

Oxfam also found that the five richest men globally have more than doubled their vast wealth since 2020. If current trends continue, the world will have its first trillionaire within a decade, but poverty won't be eradicated for another 229 years.

“At current rates, it will take 230 years to end poverty, but we could have our first trillionaire in 10 years,” states the report, which highlights the growing inequality alongside the staggering net worth of the five men.

"Of the 21 individuals who stand a chance of reaching this phenomenal milestone in their lifetime, Elon Musk is predicted to be the first," said CEO Magazine. This prediction was reiterated by The Guardian, The Economic Times and many others.

At any rate, there is no single identifiable person who seems on track to become a trillionaire within the next decade. Eventually it will happen — and a good share of the credit should go to the Federal Reserve, not necessarily the person who earned the money.

“At current rates, it will take 230 years to end poverty, but we could have our first trillionaire in 10 years,” states the report, which highlights the growing inequality alongside the staggering net worth of the five men.

The financial news outlet said she is the first artist to achieve billionaire status solely on the basis of her music, and estimated she has a $1.1 billion fortune.

We never would've thought in a million years we'd be alive to see the first quadrillionaire. We were wrong! That's right, an American man recently became the first person in the history of mankind to become a quadrillionaire.

As of today, no billionaire is within striking distance of becoming a trillionaire. Elon Musk is, at present, the world's richest person, with a net worth of $206 billion, while Jeff Bezos is in the number two position with $179 billion, according to Bloomberg.

The world's youngest billionaire is Livia Voigt, 19, who has a $1.1bn fortune thanks to a 3.1% stake in WEG Industries, a Brazilian electrical equipment producer co-founded by her grandfather Werner Ricardo. He died in 2016. Her older sister Dora Voigt de Assis, 26, is also on the list.

Who will be the second trillionaire? ›

India's Mukesh Ambani could become a trillionaire in 2033 when he will be aged 75, according to the research which said that Chinese real estate tycoon Xu Jiayin will follow Bezos to become the second trillionaire in the world in 2027.

What Is the Next Big Number After a Trillion? The next big number after a trillion is a quadrillion, which is 1,000 trillion.

We never would've thought in a million years we'd be alive to see the first quadrillionaire. We were wrong! That's right, an American man recently became the first person in the history of mankind to become a quadrillionaire. How did he amass such a fortune?

As of today, no billionaire is within striking distance of becoming a trillionaire. Elon Musk is, at present, the world's richest person, with a net worth of $206 billion, while Jeff Bezos is in the number two position with $179 billion, according to Bloomberg.

In short, a trillionaire will be able to do these things – and more – on an unprecedented scale. Consider that owning $1 trillion would make an individual human being the 20th largest economy on the planet. One person would have more money than the entire GDP of Switzerland, and rank just behind Saudi Arabia.

What Is the Next Big Number After a Trillion? The next big number after a trillion is a quadrillion, which is 1,000 trillion.