Although Mukesh Ambani currently holds the title of Asia's richest person, recent predictions suggest that he may not be the first individual on the continent to reach trillionaire status. His position is now expected to be overtaken by Indian industrialist Gautam Adani and Indonesian billionaire Prajogo Pangestu.
The World’s (Maybe) First Trillionaire: Elon Musk
Elon Musk, CEO of Tesla, leads the race to become the world's first trillionaire. According to a report from Informa Connect Academy in Dubai, Musk, with a net worth of $195 billion, is predicted to reach this milestone by 2027. His wealth has been growing rapidly at a rate of 109.88% per year, driven by the success of Tesla, SpaceX, and other ventures.
Next Trillionaire in Line is From India
Gautam Adani from India follows in second place, with projections suggesting he will become a trillionaire by 2028. Adani has aggressively expanded his businesses in energy, infrastructure, and ports, resulting in a significant increase in his wealth. While he lags behind Musk, analysts believe he will soon join the exclusive club.
Indonesia’s Billionaire Shakes the Wealth Race
Prajogo Pangestu, an Indonesian billionaire and leader of Sinar Mas Group, is an intriguing contender in the race toward trillionaire status. With a net worth of $43.4 billion and a growth rate of 135.95% per year, he is expected to reach $1 trillion by 2028, alongside Gautam Adani.
Pangestu’s business empire spans key sectors like pulp and paper, palm oil, energy, and property. Some of his listed companies on the Indonesia Stock Exchange, such as PT Barito Pacific Tbk (BRPT) and PT Chandra Asri Petrochemical Tbk (TPIA), are key drivers of stable growth, solidifying his position in this global competition.
The Slow Rise of India’s Business Titan
Mukesh Ambani, chairman of Reliance Industries and one of the wealthiest individuals in India, is a key figure in global business. Despite his vast wealth and influence, he is predicted to reach trillionaire status only by 2033, slower than his competitors.
Ambani’s business empire spans energy, telecommunications, retail, and digital services. Reliance Jio, one of his flagship businesses, has revolutionized India’s telecommunications market, while his retail business continues to expand rapidly. Although his rise is slower, Ambani remains one of the most influential business figures in the world.
