From Fortune Magazine: “A new report from Informa Connect indicates that Elon Musk could become the world’s first trillionaire in 2027 if his wealth continues to accumulate at its current rate of 110% per year. The wealth-tracking firm believes Adani Group founder Gautam Adani and Barito Pacific founder Prajogo Pangestu will be next in 2028, followed by Mark Zuckerberg and others by 2030”, September 2024.
But in Feb 2020, Progress Ibrahim wrote in Tekedia “Why Elon Musk Has A Shot of Becoming the World’s First Trillionaire”; and Elon Musk’s net worth was about $38 billion then. You can read his mathematics here. The real predictor there if Musk turns out becoming a big country GDP on wealth?
For me, it is like Samuel Taylor Coleridge’s “The Rime of the Ancient Mariner” where those lines were dropped: “Water, water everywhere, / Nor any drop to drink”. Tons of money everywhere, even when many cannot find kobo and cents to buy bread and noodles.
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But that is capitalism, anointing Elon “Eze Ego” Musk the king of money, for all nations. In the world of the market system, Musk inspires on what humans can accomplish. I consider him the world’s #1 philanthropist because the best philanthropy is to build companies, and fix frictions in societies.
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