Who Will Top the Bloomberg Billionaires Index in 2025?
Who Will Top the Bloomberg Billionaires Index in 2025?
What is the Bloomberg Billionaires Index?
The Bloomberg Billionaires Index’s daily rankings are determined by each person’s projected net worth, which is based on their cash in the bank and public and private assets.
It provides a detailed profile of each billionaire, such as who they are, their own companies, and where they are located.
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Plus, you can review how much each successful entrepreneur was worth during a specific week, quarter, or throughout the year, and you can use a handy tool to compare a person against other billionaires’ fortunes.
Who Will be the Richest Person in 2025?
If recent reports are anything to go by, the index may need to change its name to the Bloomberg Trillionaires Index.
According to an asset management firm, Elon Musk could become the world’s first trillionaire by 2025.
It is predicted that Tesla’s stock will skyrocket from its current value of $655 to $3,000 by 2025. Due to its number of shares, the company will reportedly be worth nearly $3 trillion.
If the firm’s prediction comes true, Musk will receive eight more CEO compensation bonuses, resulting in him owning 1.2 lakh shares, which is in addition to his 24.1 cross shares at Tesla.
As he will have a total of 25.3 crore shares, the 52-year-old entrepreneur will be worth a staggering $1.012 trillion in 2024, which is still a big jump from his current net worth of $263 billion.
However, hot on his heels for the title of the world’s first trillionaire is Gautam Adani, the Adani Group chairman.
The company, which was founded in 1988, originally produced power plants, coal mines, and ports but has since expanded into defense, data centers, and airports.
Based on the company’s current growth and working with the government, the group is attracting many international investments that will generate substantial revenue, helping the 62-year-old reach trillionaire status by 2025.