Report: Elon Musk to be world’s first trillionaire, another Texan to follow

The company predicted Musk’s wealth will exceed the US$1 trillion (RM4.42 trillion) mark by comparing his current net worth, which is US$263bil (RM1.16 trillion), with his year-over-year income growth since 2017. — RYAN LASH/TED Conferences/AFP

Tesla CEO Elon Musk, whose recent business ventures include continued negotiations to purchase Twitter for US$44bil (RM194.65bil) and opening a Tesla gigafactory in Austin, could become the world’s first trillionaire as early as 2024, according to a report from software company Tipalti Approve.

The company predicted Musk’s wealth will exceed the US$1 trillion (RM4.42 trillion) mark by comparing his current net worth, which is US$263bil (RM1.16 trillion), with his year-over-year income growth since 2017.