BusinessInternational

Elon Musk likely to become the world’s first billionaire by 2027

Washington: Elon Musk, CEO of electric car maker Tesla and SpaceX, can become the world’s first billionaire by 2027. This has been revealed by the report of the Informa Connect Academy.

Apart from this, India’s leading businessman Gautam Adani can also get this status by next year 2028. Asia’s richest man Mukesh Ambani can become a billionaire in 2033.

The report also said that Musk, the world’s richest man with a net worth of $237 billion, needs to grow at an average annual rate of 110 per cent to become the world’s first billionaire. Adani, who currently has a net worth of less than $100 billion, is ranked 13th on the World Billionaires Index and could become the second billionaire by 2028.

Ambani is Asia’s richest person with a net worth of $ 111 billion and he can get the same status in 2033. Apart from this, other companies are also ready to come in the list of billionaires.

These include Taiwanese semiconductor manufacturer TSMC. It is followed by Berkshire Hathaway, pharma company Eli Lilly, technology company Broadcom.