Over the next ten years, five men can reach Trinsal status, with fortunes that exceed 13 digits, according to a new Oxfam study released last Monday (20). Previously, the organization predicted that only one person would reach this level, but the updated report on global inequality indicates that a small group of billionaires is on their way to becoming a trillionaire.
The richness of billionaires grew three times faster in 2024 compared to 2023, according to Oxfam, which used data from Forbes. The advancement of technologies such as artificial intelligence and the performance of leading companies in their sectors have driven the fortunes of the richest in the world. Meanwhile, the organization warns that economic, climate and global conflict crises maintain the number of people living in virtually unchanged poverty since 1990.
Who are the candidates for trillionaires?
- Elon Musk He is the richest man in the world, with an estimated fortune of $ 245 billion, being appointed as the main candidate to become the first trillionaire. It owes its financial growth to the success of companies such as Tesla and Spacex, who continue to lead electric vehicle markets and space exploration.
- Jeff Bezosfounder of Amazon, saw his fortune increase more than 35% in the last year, reaching $ 245 billion. In addition to Amazon, he invests in Blue Origin, his aerospace company, which seeks to transform the sector.
- Mark ZuckerbergCEO of the goal, had its high fortune from $ 138 billion to $ 217 billion last year. This growth was driven by the company’s focus on artificial intelligence and the increase of more than 60% in the value of its shares.
- Jensen HuangNVIDIA’s executive president, leads one of the most important companies in the artificial intelligence hardware industry. With an estimated fortune of $ 117 billion, he must continue to expand his assets with the growth in demand for advanced technologies.
- Bernard Arnaultluxury tycoon and president of the LVMH group, which controls brands such as Louis Vuitton and Tiffany, has a fortune of $ 188 billion. Estimates point out that he can become trilium until 2030.
Global Inequality and Poverty
While the billionaire elite thrives, Oxfam says 3.6 billion people live with less than $ 7 per day, a number that has been almost unchanged since 1990, according to World Bank data.
The organization advocates the need for a more egalitarian economic system, suggesting that the costs to reduce poverty should be argued by the richest, which benefit disproportionately from the current model.
In addition to the top five candidates, the report mentions other names that can achieve Trilesser status, such as Gautam Adani, founder of an Indian infrastructure conglomerate, and Pangostu Prajogo, leader of Indonesia’s largest petrochemical company.
