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cailianshe news, september 9 (editor: ma lan)the wealth of billionaires is growing faster than most people can imagine. according to a new report from a wealth tracking organization, musk is expected to become the world's first trillionaire by 2027.

according to informa connect academy, musk's wealth has been growing at an astonishing rate of 110% per year. according to the bloomberg billionaires index, musk's current net worth is $251 billion. based on this, informa connect academy predicts that musk will set a new record of $1 trillion in wealth in 2027.

indian billionaire adani is expected to become the second person to enter the trillionaire club. according to analysis, his wealth has an average annual growth rate of 123%, and it is expected that he may successfully break through one trillion in 2028.

he is followed by nvidia ceo jensen huang and indian energy and mining tycoon prajogo pangestu, both of whom could also become trillionaires by 2028.

bernard arnault, the boss of lvmh group and currently the world's third richest man, expects to break the $1 trillion threshold in 2030. zuckerberg, ceo of meta, will also achieve this achievement in the same year.

rising inequality

the world's first billionaire was born on september 29, 1916. john d. rockefeller, the ceo of standard oil, ushered in the era of billionaires due to the surge in his company's stock price.

more than a hundred years later, the world is preparing for a new level of trillionaires, and musk is the frontrunner most likely to cross the finish line.

it is worth noting that even among the world's largest companies, only a handful have reached a trillion-dollar scale. at the end of august, warren buffett's investment company berkshire hathaway became the ninth company to break the trillion-dollar market value.

as of now, apple is temporarily leading with a valuation of $3.46 trillion, followed closely by nvidia and microsoft, both of which are players with a market value of $3 trillion.

the rapid accumulation of wealth by companies and individuals has also made more people worry about the severity of inequality. the non-profit organization oxfam warned in a report that global inequality has reached an unprecedented level in human history. at the current rate, it will take 230 years for humans to eliminate poverty, but within 10 years, a trillionaire will be born.

against this backdrop, labor-capital conflicts have also erupted on a large scale. since the end of the epidemic, strikes and protests have continued to emerge in many places such as the united states, germany, and france, which is enough to highlight the sharpness of such conflicts.

this has also led to more people calling for a wealth tax. according to an eu think tank, if a 2% wealth tax is actually imposed on billionaires, nearly $250 billion can be collected worldwide each year.