Many times you must be curious about if there are millionaires and billionaires, then how many trillionaires are there in the world? How did they become successful and placed themselves as the top richest people in the world?
For your information, presently no one crosses the boundary of billionaire and jumps into the trillionaire category. But it definitely does not mean no one can be a trillionaire in the future. According to Fox Business news, in the next 60 years, there won’t be one but more than 10 billionaires who will own the title of trillionaire.
Trillionaires are those whose net worth is greater than one trillion dollars. According to fox news, One trillionaire has enough money that he can give 140 dollars to each alive person on earth.
I will discuss the top ten richest billionaire people in the world who are in the queue of becoming top trillionaires in the world. And what tactics they have used to become the world’s top billionaires.
The high financial leap of Jeff Bezos and Elon musk makes them most likely the first person who will become a trillionaire. But we cannot decide this, time and money will decide instead of us.
So without beating around the bush, let’s begin!
Top 10 Future Trillionaires In The World:
Although there are no trillionaires in the world at the moment. However, I will discuss the top ones who will become trillionaires very soon in the next few decades.
I have listed them according to Forbes` Top billionaires in 2022.
- Elon Musk
- Jeff Bezos
- Bernard Arnault and Family
- Bill Gates
- Warren Buffett
- Larry Page
- Sergey Brin
- Larry Ellison
- Steve Ballmer
- Mukesh Ambani
Some Honorable Mentions Who Are Also In The Race For The First Top Trillionaires Are Gautam Adani And Zhang Yiming.
1. Elon Musk:
Net worth: $219 billion
Residence: United States, Texas
Age: 51
CEO And Chairperson: Tesla, Space X:
Much of his wealth is derived from his leadership of Tesla, Inc., an American multinational corporation that specializes in electric vehicles, energy storage, and solar panel manufacturing.
He also founded and lead SpaceX, an American aerospace manufacturer, and space transportation services company.
Musk has also invested in other ventures such as SolarCity, OpenAI, and Neuralink.
How Did He Become A Top Billionaire?
Musk’s first company, Zip2, was an online business directory and map service for newspapers. In 1999 this company was sold to Compaq for nearly $300 million.
He then co-founded X.com, an online payment company, which eventually became PayPal. Afterward, it was also sold to eBay for $1.5 billion in 2002.
After the success of Zip2 and PayPal, Musk decided to pursue his long-term goal of reducing the cost of space travel and making it possible for humans to live on other planets.
In 2002, he founded SpaceX intending to develop reusable rockets and spacecraft.
SpaceX became the first privately-funded company to send a spacecraft to the International Space Station in 2012.
Musk joined the board of directors of Tesla, Inc., an electric vehicle and clean energy company in 2004, and became CEO in 2008.
Under his leadership, Tesla has become a leading producer of electric vehicles and energy storage systems and has also expanded into solar panel manufacturing through its acquisition of SolarCity.
How Did He Become Successful?
Some key factors contributed to his success and will make him a top trillionaire in the near future.
- Visionary Thinking: Musk has a unique ability to identify and capitalize on emerging technologies and industries. Like, he saw the potential for electric cars long before they became mainstream. Then, he founded Tesla to develop and manufacture them.
- Risk-Taking: Musk is not afraid to take risks, even when the odds are against him. Like, he invested a significant portion of his personal wealth into SpaceX. Even though many experts believed a private company couldn’t launch a rocket into orbit.
- Innovation: He has the ability to think outside the box and come up with innovative solutions to complex problems. Like, SpaceX developed reusable rockets, which significantly reduced the cost of space travel.
- Perseverance: Musk has faced many setbacks and obstacles throughout his career, but he has always persevered. He has a strong work ethic and is willing to put in the time and effort to achieve his goals.
He also has a vision of colonizing Mars and making life multi-planetary.
2. Jeff Bezos:
Net worth: $171B
Residence: United States, Washington
Age: 59
Founder: Amazon
The founder and CEO of Amazon, which has become one of the world’s largest online retailers. He also owns The Washington Post and Blue Origin, an aerospace manufacturer and spaceflight services company.
How Did He Become A Top Billionaire?
Bezos graduated from Princeton University in 1986 with degrees in electrical engineering and computer science.
In 1990, he became the youngest senior vice president at D. E. Shaw.
In 1993, Bezos decided to leave his well-paying job on Wall Street to start an online bookstore. He chose the name Amazon, after the world’s most voluminous river, to signify the vast amount of books that would be available through his website. He launched Amazon.com in July 1995 and the company went public in 1997.
Bezos’s timing was perfect. The internet was still in its early stages, and he was able to take advantage of the rapid growth of online shopping. He expanded the company’s offerings beyond books, adding music, videos, electronics, toys, and other items.
Amazon’s success was not immediate. In the early days, Bezos had to pour most of his own money into the company to keep it afloat. But over time, the company’s revenues grew and it became profitable. This enabled Bezos to build the company into one of the world’s largest retailers.
He stepped down as CEO of Amazon in 2021 and now focuses on Blue Origin and other ventures.
How Did He Become Successful?
Some key factors contributed to his success and will make him the world’s first trillionaire in the near future.
- Innovation: Bezos had a unique idea to create an online marketplace where people could buy and sell goods and services. He was able to capitalize on the growing trend of e-commerce and the increasing use of the internet to make shopping more convenient for consumers.
- Strategic Vision: Bezos had a long-term vision for Amazon, and he was not afraid to invest in new technologies and initiatives, even when they seemed risky. For example, he invested in the development of the Kindle e-reader and the Amazon Prime subscription service, both of which have become major drivers of the company’s growth.
- Risk-Taking: Bezos has always been willing to take risks, even when the odds are against him. He invested a large portion of his personal wealth into Amazon and has made bold decisions. Such as expanding the company into new industries, such as cloud computing and advertising, that have paid off in the long run.
3. Bernard Arnault and Family:
Net worth: $158B
Residence: France, Paris
Age: 73
CEO And Chairperson: LVMH
Arnault is the chairman and chief executive of LVMH (Louis Vuitton Moët Hennessy), a French multinational luxury goods empire that owns several high-end brands such as Louis Vuitton, Bulgari, Fendi, Givenchy, Tag Heuer, and Dom Pérignon. He also owns real estate, art, and other investments.
How Did He Become A Top Billionaire?
Arnault began his career working in his family’s construction business. In the 1970s, he acquired a controlling stake in Financiere Agache, a luxury goods company that owned brands such as Christian Dior and Moet et Chandon.
Arnault’s strategy for LVMH was to acquire and unify luxury brands under one holding company, rather than allowing them to operate independently.
He turned LVMH into the dominant player in the luxury goods market, with more than 60 brands that include Louis Vuitton, Dior, Fendi, Bulgari, and Sephora.
He also owns a significant stake in the French construction and engineering company, Bouygues.
How Did He Become Successful?
Some well-known factors that make him successful, but will also make him the world’s first trillionaire.
- Strategic Acquisitions: Arnault has a reputation for making savvy acquisitions to expand his portfolio of luxury brands. He acquired LVMH (Louis Vuitton Moët Hennessy) in the 1980s, moreover also acquire several other luxury brands such as Bulgari, Fendi, Givenchy, Tag Heuer, and Dom Pérignon.
- Brand Management: He managed luxury brands effectively. He has been able to protect and grow the value of his brands by controlling distribution and pricing.
- Diversification: Arnault has diversified LVMH across different categories of luxury goods such as fashion, jewelry, watches, and perfumes.
- International Expansion: He has expanded LVMH’s presence in Asia, the Middle East, and other emerging markets, where demand for luxury goods is increasing.
These factors have helped Arnault to become one of the most successful luxury goods tycoons in the world.
4. Bill Gates:
Net worth: $129 B
Residence: United States, Washington
Source: Microsoft
Age: 67
Founder:
Much of his wealth is derived from his co-founding and leadership of Microsoft, the world’s largest and most valuable personal computer software company.
How Did He Become A Top Billionaire?
He attended Harvard University but dropped out in 1975 to start Microsoft with his childhood friend Paul Allen.
Gates and Allen developed and sold the BASIC programming language for the Altair 8800, one of the first personal computers. As the personal computer market began to expand in the 1980s, Microsoft’s Windows operating system became the dominant platform for PCs, making the company one of the most successful and profitable in the industry.
Throughout the 1980s and 1990s, Gates led Microsoft’s development of various software, including the successful Windows operating system, the Microsoft Office suite, and the Internet Explorer web browser. He also helped to establish the company as the leading provider of software for personal computers.
How Did He Become Successful?
Some key factors contributed to his success and will also make him a trillionaire in the world.
- Innovation: Gates co-founded Microsoft in 1975. This enabled the widespread use of personal computers and set the stage for the personal computer revolution.
- Strategic Vision: Gates had a clear vision of the potential of personal computers and the role they would play in the future. This vision helped him to anticipate and capitalize on new trends and opportunities in the tech industry.
- Strong Leadership: Gates was a visionary leader who was able to attract top talent. He also had a clear understanding of the needs of the customers and was able to steer the company to meet those needs.
- Partnerships: Gates was able to establish strong partnerships with other companies and organizations, such as IBM and the government. These partnerships helped him to promote the use of personal computers and expand Microsoft’s market share.
5. Warren Buffett:
Net worth: $118 B
Residence: United States, Nebraska
Age: 92
CEO And Chairperson:
The CEO of Berkshire Hathaway, a multinational conglomerate holding company. He is also known as the “Oracle of Omaha” because of his investment and business strategy. He has invested in a wide range of companies, including Coca-Cola, American Express, Wells Fargo, and Apple.
How Did He Become A Top Billionaire?
Buffett began his investment career in the 1950s, working as a stockbroker and eventually forming his own partnership, Buffett Partnership Ltd. In 1965, he used this partnership to acquire control of Berkshire Hathaway, a textile manufacturing company. He quickly realized that the textile business was not as profitable as he expected.
And began to shift the company’s focus to insurance and other investments.
Over the years, he transformed Berkshire Hathaway into a holding company and began acquiring shares in a variety of companies, with a focus on undervalued, under-appreciated businesses with strong fundamentals.
He also made large investments in well-known companies such as Coca-Cola, American Express, and Wells Fargo.
How Did He Become Successful?
These factors have helped him to become one of the most successful investors of all time. Moreover, these factors also make him a trillionaire in the world.
- Investment Philosophy: Buffett has a long-term investment philosophy, and is known for his ability to identify undervalued companies with strong fundamentals. He focuses on investing in companies that have a durable competitive advantage and have a good management team in place.
- Patience: Buffett has a great deal of patience and is willing to hold onto investments for long periods, even if they are not performing well in the short term. He believes that the stock market tends to be inefficient in the short run, but in the long run, it reflects the underlying value of the companies.
- Risk Management: Buffett is a conservative investor and is known for his ability to manage risk. He avoids investing in industries or companies that he does not fully understand and diversifies his portfolio across a variety of investments.
- Simplicity: Buffett is known for his ability to explain complex financial concepts in an easy-to-understand manner. He is also known for his ability to apply common sense and a practical approach to investing.
6. Larry Page:
Net worth: $111 B
Residence: United States, California
Age: 50
Founder And Chairperson:
The co-founder and CEO of Alphabet Inc, the parent company of Google, one of the largest and most successful technology companies in the world. He also has investments in various other companies and industries through his venture capital firm, Alphabet’s investment arm, GV (formerly Google Ventures), and his investment firm, Page-Clarke. He also has invested in clean energy and flying cars technology
How Did He Become A Top Billionaire?
Larry Page became a multi-billionaire through his co-founding and leadership of Google, the world’s most popular search engine and one of the most influential companies in the technology industry.
Page co-founded Google in 1998 with Sergey Brin while they were Ph.D. students at Stanford University. They developed a new search algorithm called PageRank, which was more effective at ranking web pages by their relevance to a given search query. The company was initially incorporated as a privately held company in 1998 and went public in 2004.
Google’s success was driven by its ability to provide more relevant and useful search results than its competitors, which quickly made it the most popular search engine in the world. Page’s wealth came primarily from his large ownership stake in the company, which he co-founded and helped lead as CEO.
How Did He Become Successful?
The following have helped him to become one of the most successful entrepreneurs and top trillionaires of our time.
- Innovation: He and his co-founder, Sergey Brin, developed a new algorithm called PageRank, which revolutionized the way that search engines worked and made Google one of the most successful companies in the world.
- Visionary Thinking: Page has a unique ability to identify and capitalize on emerging technologies and industries. For example, he saw the potential for self-driving cars and founded Waymo, a self-driving car development company under Alphabet.
- Risk-Taking: Page is not afraid to take risks, even when the odds are against him. For example, he invested in a variety of cutting-edge technologies and companies, such as Google Glass, Google X, and Calico, which focuses on the study of aging and age-related diseases.
7. Sergey Brin:
Net worth: $107 B
Residence: United States
Age: 49
CEO And Chairperson:
The co-founder and president of Alphabet Inc, the parent company of Google, one of the largest and most successful technology companies in the world. He also has investments in various other companies and industries through his venture capital firm, Alphabet’s investment arm, GV (formerly Google Ventures), and his own personal investment firm, Page-Clarke. He also has invested in clean energy and flying car technology.
How Did He Become A Top Billionaire?
Brin, along with Larry Page, co-founded Google in 1998 while they were Ph.D. students at Stanford University. They developed a new search algorithm called PageRank, which was more effective at ranking web pages by their relevance to a given search query. The company was initially incorporated as a privately held company in 1998 and went public in 2004.
Google’s success was driven by its ability to provide more relevant and useful search results than its competitors, which quickly made it the most popular search engine in the world. Brin’s wealth came primarily from his large ownership stake in the company, which he co-founded and helped lead as president of technology.
How Did He Become Successful?
Some key factors that contributed to his success and will make him a trillionaire in the world include:
- Innovation: Brin and Page developed a new search algorithm called “PageRank” that could sort search results based on the number and quality of links to a page, rather than just keywords. This innovative approach to search technology helped Google to quickly become one of the most popular and widely used search engines on the internet.
- Entrepreneurship: Brin and Page recognized the potential of their research project and turned it into a successful business venture. They founded Google in 1998 and grew the company into one of the most valuable and profitable technology companies in the world.
- Early Adoption Of Technology: Brin has always been interested in new technology and has been an early adopter of many new technologies such as Glass, self-driving cars, and autonomous delivery drones.
8. Larry Ellison:
Net worth: $106 B
Residence: United States, Hawaii
Age: 78
CEO And Founder:
the founder, former CEO, and current CTO of Oracle Corporation, an American multinational computer technology corporation.
How Did He Become A Top Billionaire?
Ellison co-founded Oracle Corporation in 1977 with Bob Miner and Ed Oates. The company developed and sold database management software, which allows organizations to store, manage, and retrieve large amounts of data.
Oracle’s software quickly became popular with businesses and governments, and the company went public in 1986.
He helped lead the company to become one of the most successful and profitable in the enterprise software industry, with a market capitalization of over $100 billion.
Ellison has also been an enthusiastic investor in various other companies, such as NetSuite, Astex Pharmaceuticals, and Salesforce.com.
How Did He Become Successful?
Larry Ellison became successful through a combination of underlying factors
- Visionary Thinking: Ellison had a unique ability to identify and capitalize on emerging technologies and industries. He saw the potential of relational database management systems (RDBMS) early on and founded Oracle Corporation to develop and market them.
- Risk-Taking: Ellison was not afraid to take risks, even when the odds were against him. He invested a significant portion of his wealth into Oracle Corporation, even though the company was not profitable in its early years.
- Innovation: Ellison is known for his ability to think outside the box and come up with innovative solutions to complex problems. He developed Oracle’s RDBMS software, which became the industry standard for managing large amounts of data.
- Strong Business Insight: His smart strategic decisions helped Oracle grow into one of the largest and most successful technology companies in the world.
9. Steve Ballmer:
Net worth: $91.4 B
Residence: United States, Washington
Age: 67
CEO And Chairperson:
the former CEO of Microsoft, the world’s largest personal computer software company. He served as CEO of the company from 2000 to 2014. He is also invested in various other companies and industries, including the Los Angeles Clippers of the National Basketball Association (NBA),
How Did He Become A Top Billionaire?
Ballmer joined Microsoft in 1980, just a year after its founding, as the company’s first business manager. He was responsible for the company’s sales and support and played a key role in the company’s early success.
He served as the CEO of the company from 2000 to 2014.
Throughout his tenure as CEO, Ballmer led the company’s development of various software products, including the successful Windows operating system, the Microsoft Office suite, and the Internet Explorer web browser.
How Did He Become Successful?
Steve Ballmer became successful and will become the world’s trillionaire through a combination of underlying factors.
- Strategic Thinking: He played a key role in the development and execution of Microsoft’s business strategy, which helped the company to become one of the most valuable in the world.
- Strong Leadership: He fostered a culture of innovation and collaboration at Microsoft, which helped the company to achieve great success.
- Passion For Technology: He was able to identify key trends and opportunities for growth, which helped Microsoft to stay ahead of the curve.
- Persistence: Ballmer has a strong work ethic and is known for his persistence and determination. He was able to overcome obstacles and challenges and continues to be a successful business leader even after his tenure at Microsoft.
10. Mukesh Ambani:
Net Worth: $90.7 B
Residence: India, Mumbai
Age: 65
CEO And Chairperson:
Ambani’s wealth comes primarily from his large ownership stake in Reliance Industries, which is one of the most valuable companies in India and among the top 50 companies globally by revenue. He is also the chairman of Reliance Retail and Jio Platforms, which have seen huge success in India and abroad.
How Did He Become A Top Billionaire?
Mukesh Ambani, an Indian businessman, became a billionaire through his leadership of Reliance Industries, one of India’s largest and most diversified companies.
Ambani is the chairman and largest shareholder of Reliance Industries, a conglomerate with interests in petrochemicals, textiles, natural resources, retail, and telecommunications. He joined the company in 1981 and played a key role in its growth and expansion, including leading Reliance Industries into the oil and gas exploration and production business.
How Did He Become Successful?
Some key factors that contributed to his success include:
- Business Insight: Ambani has a deep understanding of the Indian market. He has built Reliance Industries into a diversified conglomerate with a presence in multiple sectors, such as petrochemicals, energy, textiles, natural resources, retail, and telecommunications.
- Strategic Thinking: Ambani is known for his ability to make strategic decisions. These decisions have helped Reliance Industries to grow and diversify its business. For example, he recognized the potential of the Indian retail market and invested heavily in building Reliance Retail, India’s largest retail chain.
- Innovation: Ambani is known to be innovative and always looking for new opportunities to grow the company. For example, he identified the potential of the Indian telecommunications market and invested in Jio Platforms, which disrupted the market and made 4G data services affordable for millions of people.
- Visionary Thinking: Ambani has a vision of making India a digital-first country and has been working towards this through his investments in Jio Platforms.
Final Thoughts:
It is impossible to predict who will become the world’s first trillionaire in the world as it depends on various factors such as market conditions, technological advancements, and individual business strategies. But as we can see they have the qualities that will make them the top trillionaires in the world.
Individuals who are currently considered to have a high potential for achieving trillionaire status are included in the above list.
As you already know, how these people become the world’s top billionaires. They started with unique ideas and use essential tactics that lead them to become the top richest people in the world. No wonder, these strategic approaches will also take them to the world’s top trillionaires in the future.
