Posted on 05/09/2014 12:30:28 PM PDT by nickcarraway
When (not if) will we get the world's first trillionaire, and who shall it be
The world will get it first trillionaire in (drum rolls here please…) 25 years. That’s according to economic forecasters (they’re paid to do such things you know) and even as no one – that is, no one person – is even close to being a trillionaire, the widening disparity between the haves and have-nots means that, by 2040, the world is likely to see its first trillionaire (we’re talking US dollars here).
#1 Bill Gates
The current titleholder of the world’s richest person is obviously in the race although the 57-year-old Bill Gates may have given up all he has to charity in 25 years. Still, if only for technical reasons, the Microsoft founder with current wealth of $70 billion is the leading contender for the title of the world’s first trillionaire.
#2 Carlos Slim
Mexican telecom mogul Carlos Slim is breathing down Gates’ neck with $69 billion in net worth.
#3 Warren Buffett
Legendary investor Warren Buffett’s is almost 84 years old and with $58.5 billion in net worth, he’s (an unlikely) third on the list as he’d be almost 110 years old by the time the world is ready for a trillionaire.
#4 Larry Ellison
The 70-year-old founder of Oracle boasts of a $43-billion kitty and is next in line.
#5 Jeff Bezos
Just 49 years old, Amazon.com founder Jeff Bezos has time on his side if he is to accumulate $1 trillion, but we’ll all have to really start ordering everything we need (even here in Dubai) from Amazon.com if he’s ever to reach that milestone in 25 years’ time.
Among others in contention are HRH Prince George of Cambridge. Less than a year old, of course the son of the UK’s Prince William and Princess Kate (also known as the Duke and Duchess of Cambridge) has age on his side.
He could have been the first trillionaire but for the fact that the bulk of the royal family’s wealth is tied up in land holdings and the crown jewels, which technically belong to Britain, not the family.
Its not going to be me, so what the hell do I care?
Good for them. Just so they understand that there are no luggage racks on caskets.
I kinda figured there already were trillionairs
in Zimbabwe...
By 2040 we’ll all be quadrillionaires.
Shouldn’t Larry Ellison’s $43 Billion Kitty be on the Cat threads? That’s some kitty!
Yep. I grossed over nine million one year in my working life. But that was in yen. Still, it wasn’t too shabby.
but the buying power of a dollar will be almost zero
I’ve still got a 1 million Lira note from Turkey. The value at the time was about $1. There are some wealthy people in Turkey, so I imagine that there were several Trillionaires at the time.
I also doubt that God could care less.
I’m sorry, but NO cat is worth that much.
The way the government is screwing with the dollar, by 2040 street people will be lighting their cigars brain darts with trillion dollar bills.
Or Richie Rich from the comic books!
I never knew then that I would grow up and become a "millionaire" myself. If you told me that 40 years ago, I'd be jumping up and down for joy. Yet here I am a millionaire - at least on paper and in terms of net worth if you add up my home equity value and 401(k). Yet I still have to get up and go to work everyday to pay the bills and I don't have a butler either (I do have a loyal dog). I even have to shine my own shoes!
I suspect the obamas are already there.
Don’t forget Thurston Howell III.
Oh, for crying out loud.
Is Anthony Weiner sexting again?
But will they be able to buy more then than they can now with their paltry billions?
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