6.38 AM Thursday, 7 November 2024
  • City Fajr Shuruq Duhr Asr Magrib Isha
  • Dubai 05:11 06:26 12:05 15:13 17:38 18:54
07 November 2024

The world’s first trillionaire?

Published
By Staff

 

The world will get it first trillionaire in (drum rolls here please…) 25 years. That’s according to economic forecasters (they’re paid to do such things you know) and even as no one – that is, no one person – is even close to being a trillionaire, the widening disparity between the haves and have-nots means that, by 2040, the world is likely to see its first trillionaire (we’re talking US dollars here).

#1 Bill Gates

The current titleholder of the world’s richest person is obviously in the race although the 57-year-old Bill Gates may have given up all he has to charity in 25 years. Still, if only for technical reasons, the Microsoft founder with current wealth of $70 billion is the leading contender for the title of the world’s first trillionaire.

Pic: Getty

#2 Carlos Slim

Mexican telecom mogul Carlos Slim is breathing down Gates’ neck with $69 billion in net worth.

Pic: Getty

#3 Warren Buffett

Legendary investor Warren Buffett’s is almost 84 years old and with $58.5 billion in net worth, he’s (an unlikely) third on the list as he’d be almost 110 years old by the time the world is ready for a trillionaire.

Pic: Getty

#4 Larry Ellison

The 70-year-old founder of Oracle boasts of a $43-billion kitty and is next in line.

Pic: Getty

#5 Jeff Bezos

Just 49 years old, Amazon.com founder Jeff Bezos has time on his side if he is to accumulate $1 trillion, but we’ll all have to really start ordering everything we need (even here in Dubai) from Amazon.com if he’s ever to reach that milestone in 25 years’ time.

Pic: Getty

Pic: Getty

Among others in contention are HRH Prince George of Cambridge. Less than a year old, of course the son of the UK’s Prince William and Princess Kate (also known as the Duke and Duchess of Cambridge) has age on his side.

He could have been the first trillionaire but for the fact that the bulk of the royal family’s wealth is tied up in land holdings and the crown jewels, which technically belong to Britain, not the family.