The Chief Executive Officer (CEO) of Tesla, Elon Musk is predicted to become the first trillionaire in the world by 2027.
The 53-year-old man is currently the richest person in the world with a net worth of $251 billion based on the Bloomberg Billionaires Index.
Informa Connect Academy revealed that Musk's wealth grew at a staggering average rate of 110% within a year.
The wealth potential of the owner of the X application continues to increase at the same rate and is able to be crowned as the first trillionaire in the world within the next three years.
The "2024 Trillion Dollar Club" report puts Tesla's business at a market value of $669.3 billion which is an impressive growth rate of 173.3% according to Informa.
This means that Tesla alone could exceed US$1 trillion (RM4.37 trillion) as early as next year.
Besides him, Guatam Adani from India has the potential to become the second individual to reach trillionaire status after Musk in 2028 if his annual growth remains at 123% annually.
Chief Executive of technology company Nvidia, Jensen Huang and Indonesian mining energy mogul, Prajogo Pangetsu are also predicted to become trillionaires by 2028.
The third richest person in the world, the CEO of LVMH, Bernard Arnault, who has a net worth of about US$200 billion, is also on track to join the elite club with Meta's CEO, Mark Zuckerberg.
