According to Forbes or a similar list.
This is not adjusted for inflation; they must be a trillionaire as denominated in dollars of that time. (USD)
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@mods Please resolve. Isaac doesn't resolve any of his trillionaire markets and doesn't explain why, even though he seems to be using the platform daily.
The richest man in the world right now is Elon Musk with a fortune of 227.1 billion. His wealth is mainly contributed by holding shares in Tesla Inc. For him to have 1 trillion in 2028 he would need to increase his value by 400% over a 5-year period, equating to a sustained growth rate of 34.5% per year which seems impossible to accomplish.
Reference:
@DequanGao I would take the bet that Elon himself is a trillionaire by 2028. Don't think self-driving is actually fully priced in yet. Let alone humanoid robotics.
40% seems too high for this. 5 years ago the richest person had $110 billion, today they have $230 billion, that's a 2x jump and we would need a 4x jump. I can't find any examples of a 4x jump in the net worth of the world's richest person over a 5 year period in the last 30 years, except for 1994-1999 (22 billion -> 90 billion). I guess the most likely way for this to happen is Tesla grows to have a 3 trillion market cap, same size as Apple currently?
@dominic I think the more important context is that Bill Gates' net worth at the peak of the dotcom bubble was already near $100 billion. So basically ever since the tech boom the net worth of the richest person hasn't outpaced inflation
@n1psey If you start counting from there, sure (although I think it maybe still has outpaced inflation?) But if you start counting from eg 2003, it's outpaced inflation significantly.
@n1psey If Bill Gates kept most of his 1999 Microsoft shares he would have become a trillionaire already.
