On Sept. 29, 1916, newspapers across the country announced a wealth milestone once thought to be unreachable: the world’s first billionaire. “Standard (Oil) at $2,014 makes its head a billionaire,” blared The New York Times headline, adding that Standard Oil’s soaring share price “makes John D. Rockefeller, founder and largest shareholder, almost certainly a billionaire.”

Now more than a century after the first U.S. billionaire, the question of who will be first to reach the trillionaire mark continues to fascinate. According to a new report from Informa Connect Academy, Tesla CEO Elon Musk will likely be the first trillionaire sometime in 2027, assuming that his wealth continues to grow at an annual average rate of 110%.

The second person projected to reach trillionaire status will be India’s Gautam Adani, founder of the Adani Group conglomerate, in 2028. Jensen Huang, CEO of Nvidia, who has seen his wealth skyrocket from $3 billion to more than $90 billion in five years, would become a trillionaire by 2028. Fourth on the list is Indonesia’s Prajogo Pangestu, founder of the Indonesian energy and mining conglomerate Barito Pacific, who could reach trillionaire status by 2028.

Tied for fifth would be LVMH CEO Bernard Arnault and Meta CEO Mark Zuckerberg who are forecast to become trillionaires sometime in 2030. Some top billionaires who seem like strong candidates to quickly reach the four-comma club don’t make the top 10. Jeff Bezos, the Amazon founder, and Larry Page and Sergey Brin, the Google founders, are all slated to wait 12 years to become trillionaires.

So, more than 100 years after the first billionaire, the first trillionaire could well be crowned in the next decade.

Possible Preaching Angle:

The Bible does not condemn wealth, as such, since Abraham, Job, and Solomon, among others, were very wealthy individuals. What the Bible does warn about is the love of money being the root of all kinds of evil (1 Tim. 6:10), the oppression of the poor by the rich (Jam. 5:1-6), and placing faith in the earthly “security” of wealth, rather than in God (Prov. 18:10-11, Matt. 6:19-21). The warnings are intended to encourage a balanced approach to wealth and possessions, recognizing that true fulfillment comes from a relationship with God and serving others.