Jeff Bezos could become world's first trillionaire by 2026, says study; Amazon founder is world's richest person

A study titled ‘The Trillion Dollar Club’ was conducted by Comparisun and it has predicted that Jeff Bezos, Founder and CEO, Amazon, could become the world’s first trillionaire.

FP Staff May 16, 2020 11:34:00 IST
Jeff Bezos could become world's first trillionaire by 2026, says study; Amazon founder is world's richest person

Amazon founder and CEO Jeff Bezos could potentially become the worlds first trillionaire as early as 2026, at which point he will be aged 62, says a study.

The study titled ‘The Trillion Dollar Club’ was conducted by Comparisun. The 56-year-old is the world’s richest person right now and as per Forbes list his net worth is $142.8 billion.

Jeff Bezos could become worlds first trillionaire by 2026 says study Amazon founder is worlds richest person

File image of Amazon founder Jeff Bezos. AP.

Comparison is a company which helps organisations compare different business products.The study expects Bezos' net worth to stand at $1,000 billion in the next six years.

Despite losing nearly $38 billion at the time of his divorce, Bezos continues to be the world’s richest person, with his net worth growing by 34 percent over the past five years. Based on this growth chart, the study projects he could become the first trillionaire-ever.

Facebook founder Mark Zuckerberg could enter the elite club a few years too late when he is aged 51, but that would still make him the youngest trillionaire in the world if the current growth rate of their net worth is considered.

Jeff Bezos could become worlds first trillionaire by 2026 says study Amazon founder is worlds richest person

The other candidates who could join the trillion-dollar club shortly after him, are Evergrande head Xu Jiayin, Alibaba co-founder Jack Ma, and Reliance Industries’ (RIL) chairman Mukesh Ambani. Ambani could become a trillionaire by 2033 when he will be in his late 70s, the study suggests.

To arrive at the figures, Comparisun analysed the market capitalisation of 25 most valued companies that are listed with the New York Stock Exchange (NYSE) and also studied the net worth of top the world’s 25 richest persons as per the Forbes list. The average percentage of their annual growth over the past five years was calculated and applied for future years to arrive at the research projection.

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