Olivia Smith https://clarendonlondon.com 3m 837 #trillionaires
The views of this article are the perspective of the author and may not be reflective of Confessions of the Professions.
Who Wants To Be A Trillionaire?
When the Forbes 400 began back in 1982, all it took was a small $75 million to rank on the rich list. The majority of the people on the list were wealthy through oil or manufacturing, with only 3% from technology driven fortune. Compare this to the 2016 list where most of the top earners have found their success through technology, it’s a very different state of affairs and a real representation of the times we are now living in.
However we have now surpassed mere millionaires and we’re in an era of the mega rich, with over 2000 billionaires around the world, that’s 233 more than there were a year ago in 2016. To keep up with the world’s billionaires, Forbes have created the renowned Rich List aka The World’s Billionaires List, with successors such as Bill Gates and Mark Zuckerberg dominating the list, it begs the question of what is next for these money moguls?
It’s not a question of if, more so a question of when, will we see the world’s first trillionaire? And who will it be? Clarendon have explored the possibility of the first trillionaire, by taking the world’s 20 richest people and analysing their net growth between 2016 and 2017, by doing so they have been able to forecast which of these top earners will be the first to see a twelve figure bank balance, and which just won’t make the cut.
Of course it’s important to remember that there are a lot of variables within this research and these results only work if these people continue to grow as they are doing, but there’s no reason why some of these billionaires could soon become trillionaires! Read ahead to see who could become the world’s first…
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The Trillionaire Rich List
We’ve all heard of the Forbes rich list (known as the world’s billionaires list) , but will we ever see a trillionaire as rich list?
The chances are that yes we will, but who exactly will be the lucky few? We’ve estimated which of the current richest 20 people in the world are in with a Chance, by looking at how much their net worth increase from 2016 to 2017, and then applying that same increase year-on-year.
Of course, there are a whole lot of variables here, and we’re assuming that their Investments continue to grow at the same rate as they are doing, but there’s no reason why some of them couldn’t!
2016-2017 net worth
- Jim Walton 1.19%
- Alice Walton 4.64%
- Amancio Ortega 6.42%
- S. Robinson Walton 6.90%
- Carlos Slim 9%
- Wang Janlin 9.06%
- Liliane Bettencourt 9.42%
- Bill Gates 14.67%
- Li Ka-Shing 15.13%
- Larry Page 15.63%
- Sergey Brin 15.70%
- Michael Bloomberg 18.75%
- Larry Ellison 19.72%
- Sheldon Adelson 20.63%
- Charles Koch 21.97%
- David Koch 21.97%
- Bernard Arnault 20.06%
- Warren Buffett 24.34%
- Mark Zuckerberg 25.56%
- Jeff Bezos 60.06%
Amancio Ortega
- age 81
- country Spain
- source of wealth Zara
- net worth 71.3 billion
- 2016 to 2017 increase 6.42%
- trillionaire status: no chance
Carlos Slim
- age 77
- country Mexico
- source of wealth Telecoms
- net worth 54.4 billion
- 2016 to 2017 increase 9%
- trillionaire status: no chance
Liliane Bettencourt
- age 94
- country France
- source of wealth L’Oreal
- net worth 39.5 billion
- 2016 to 2017 increase 9.42%
- trillionaire status: no chance
S. Robson Walton
- age 72
- country United States
- source of wealth Walmart
- net worth 34.1 billion
- net worth 34.1 billion
- 2016 to 2017 increase 6.90%
- trillionaire status: no chance
Jim Walton
- age 69
- country United States
- source of wealth Walmart
- net worth 33.8 billion
- 2016 to 2017 increase 4.64%
- trillionaire status: no chance
Wang Jjianlin
- age 63
- country China
- source of wealth Real Estate
- net worth 31.3 billion
- 2016/2017 increase 9.06%
- trillionaire status: no chance
Li Ka-Shing
- age 89
- country Hong Kong
- source of wealth Diversified
- net worth 31.2 billion
- 2016 to 2017 increase 15.13%
- trillionaire status: no chance
Sheldon Adelson
- age 84
- country United States
- source of wealth Casinos
- net worth 30.4 billion
- 2016 to 2017 increase 20.63%
- trillionaire status: no chance
Jeff Bezos
- age 53
- country United States
- source of wealth Amazon.Com
- net worth 72.8 billion
- 2016 to 2017 increase 61.06%
- trillionaire status: 2023, age 59
Mark Zuckerberg
- age 33
- country United States
- source of wealth Facebook
- net worth 56 billion
- 2016 to 2017 increase 25.56%
- trillionaire status: 2030, age 45
Warren Buffett
- age 87
- country United States
- source of wealth Berkshire Hathaway
- net worth 75.6 billion
- 2016 to 2017 increase 24.34%
- trillionaire status: 2029, age 98
Charles Koch
- age 81
- country United States
- source of wealth Diversified
- net worth 48.3 billion
- 2016-2017 increase 21.97%
- trillionaire status: 2033, age 97
David Koch
- age 77
- country United States
- source of wealth Diversified
- net worth 48.3 billion
- 2016/2017 increase 21.97%
- trillionaire status: 2033, age 92
Larry Ellison
- age 73
- country United States
- source of wealth Software
- net worth 52.2 billion
- 2016 to 2017 increase 19.72%
- trillionaire status: 2034, age 89
Bernard Arnault
- age 68
- country France
- source of wealth LVMH
- net worth 41.5 billion
- 2016 to 2017 increase 2206%
- trillionaire status: 2033, age 84
Michael Bloomberg
- age 75
- country United States
- source of wealth Bloomberg LP
- net worth 47.5 billion
- 2016 to 2017 increase 18.75%
- trillionaire status: 2035, age 93
Bill Gates
- age 61
- country United States
- source of wealth Microsoft
- net worth 86 billion
- 2016-2017 14.67%
- trillionaire status: 2035, age 79
Sergey Brin
- age 44
- country United States
- source of wealth Google
- net worth 39.8 billion
- 2016 to 2017 increase 15.70%
- trillionaire status: 2040, age 67
Larry Page
- age 44
- country United States
- source of wealth Google
- net worth 40.7 billion
- 2016 to 2017 increase 15.63%
- trillionaire status: 2040, age 67
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