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Who Will Be The First Trillonaire In The World ? - Foreign Affairs - Nairaland

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Who Will Be The First Trillonaire In The World ? by panafrican(m): 4:06am On Dec 07, 2019


How Many Trillionaires Are In The World?
Home› Articles› Billionaire News
December 6, 2019 by Joseph Gibson

We hear about millionaires and billionaires all the time in the news and in other contexts, but have you ever noticed you never hear about what the trillionaires are up to? That's probably because, at this point in human history, trillionaires don't exist. But if the global economy and trends in wealth continue the way they have been, it's only a matter of time before someone becomes a financial trillionaire, with at least $1 trillion in financial assets.

How much is a trillion dollars? Put simply, it's a million million, which may seem like an impossible figure for even the richest people in the world to ever attain. But actually, many financial analysts agree that at some point in their lifetimes someone like Jeff Bezos or Bill Gates could see their wealth exponentially grow to the trillionaire threshold,
provided trends in wealth and the global economy continue on their present courses.

But there's another school of thought, which says that the trillionaires of the future might make their fortunes in an industry that we are barely aware of today, similar to the way Gates became a billionaire in a field – personal computing – that few knew anything about when he first began.

Some believe that the first trillionaire will make their fortune in outer space, while some, including Mark Cuban, have predicted that artificial intelligence holds the key to unknown future wealth.

Of course, barring some fantastic science-fiction scenarios that we can't even imagine the dimensions of, there are much more plausible ways for someone with a large amount of wealth to find themselves becoming the world's first trillionaire.

Take, for instance, Jeff Bezos, who in his combination of a 12-figure fortune and relative youth is as good a candidate for the title as anyone. Much of Bezos's fortune is tied up in his Amazon company stock, and Amazon's stock price would need to be somewhere in the neighborhood of almost ten times its current price to push Bezos over the line into trillionaire status. So, a lot of growth, but far from an unthinkable notion in the years and decades to come.

Bezos is also a good candidate for first trillionaire since in addition to his relative youth compared to fellow ultra-wealthy individuals like Bill Gates and Warren Buffett, he hasn't shown as much zeal toward philanthropy, declining to sign on to Buffett's famous Giving Pledge imploring billionaires to agree to give away their fortunes over the course of their lifetimes.

https://www.celebritynetworth.com/articles/billionaire-news/how-many-trillionaires-are-in-the-world/?amp=1#referrer=https%3A%2F%2Fwww.google.com&amp_tf=From%20%251%24s




<< This 14th-Century African Emperor Remains the Richest Person in History
Forget today’s tech billionaires, the wealth of Mansa Musa of Mali was too vast to be imagined—or equaled.
BY THAD MORGAN

Musa became ruler of the Mali Empire in 1312, taking the throne after his predecessor, Abu-Bakr II, for whom he’d served as deputy, went missing on a voyage he took by sea to find the edge of the Atlantic Ocean. Musa’s rule came at a time when European nations were struggling due to raging civil wars and a lack of resources. During that period, the Mali Empire flourished thanks to ample natural resources like gold and salt.
Continue reading
https://www.history.com/news/who-was-the-richest-man-in-history-mansa-musa
>>
Re: Who Will Be The First Trillonaire In The World ? by Fadomero(m): 4:08am On Dec 07, 2019
N9 be only trillion na zillion
Re: Who Will Be The First Trillonaire In The World ? by Fadomero(m): 4:08am On Dec 07, 2019
No be only trillion na zillion
Re: Who Will Be The First Trillonaire In The World ? by oz4real83(m): 6:15am On Dec 07, 2019
I will be the first trillionaire in the hardest currencies grin grin grin
Re: Who Will Be The First Trillonaire In The World ? by cassidy1996(m): 6:17am On Dec 07, 2019
king Solomon don break that record, many years ago
Re: Who Will Be The First Trillonaire In The World ? by Dollarheist: 7:33am On Dec 07, 2019
The saudi royal family is worth $1.4 trillion na

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