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]]>A study undertaken by Comparisun, analyzed the data over the last 5 years using two variables,
With the above data, Comparisun calculated the average yearly % growth over the last five years. Then by applying this rate of growth for each future year, they arrived at a comprehensive list of names and at what age the most likely persons will step into the ‘Trillionaire Club’.
The recent report titled ‘The Trillion Dollar Club’, by Comparisun, the company that advises small businesses, puts Amazon founder and CEO Jeff Bezos as the most likely candidate to become the world’s first trillionaire in the year 2026 at the age of 62. In July 2019, despite the payout of USD 38 billion divorce settlement to MacKenzie Bezos, Jeff Bezos continued to rank as the world’s richest person with an average net worth increase of 34% over the last five years.
The chairman, managing director, and largest shareholder of Reliance Industries Ltd., a Fortune Global 500 company, Mukesh Ambani, is expected to become a trillionaire in 2033 at the age of 75. In April 2020, he became the richest man in Asia. Currently, the 15th richest individual in the world, Mukesh Ambani with a net worth of USD 53.3 billion, is all fired up to enter the most elite club. Reliance Industries Limited (RIL) the largest publicly traded company in India, is an Indian multinational conglomerate company with businesses in the energy, petrochemicals, textiles, natural resources, retail, and telecommunications sectors.
This is a study based on the last 5 years of doing business. Having said that, let’s not be naïve and expect everything to continue as it did over the last 5 years. Recently companies have started to shift manufacturing out of China. The coronavirus (COVID-19) has changed everything. Today, the world’s richest man and Amazon CEO Jeff Bezos is building a testing lab where Covid-19 tests could be conducted on the front line employees. The company claims that it has made over ‘150 significant process changes at sites around the world to ensure the health and safety of its employees.’ Equations are shifting fast in the reopening of the global economy post-COVID19. Companies may need to alter their old ways of doing business, either incrementally or radically in line with new trends that will define the months ahead. Only the best will survive. Let’s wait and watch who makes it to the finishing line of USD 1,000,000,000,000 to enter the Trillionaire Club.
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