When will there be the first trillionaire? If ever (user search)
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  When will there be the first trillionaire? If ever (search mode)
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Author Topic: When will there be the first trillionaire? If ever  (Read 1334 times)
Skill and Chance
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« on: November 20, 2021, 12:57:55 PM »

I recall hearing a few years ago that the person who successfully develops an asteroid mining company will likely be the first trillionaire. I'm not sure how well that assumption holds up today.

That probably comes from proponents for lunar helium-3 mining. IIRC, the problem is that getting into space is still so expensive and vast improvements in fusion technology are still needed for the investment to be reasonable. But once cheaper space travel is developed and commercial fusion power generation is figured out, I could see helium-3 barons in the distant future.

I read an article a few years ago that predicted Jeff Bezos would be the world's first trillionaire in the 2030s. That still sounds about right, but it might happen sooner because of COVID.

There are currently multiple people who are about 1/5th of the way there.  The US stock market as a whole tends to double every 7 years or so nominally, and successful entrepreneurial ventures will grow faster (others will go in to rapid decline and lose their fortunes, but here we only care about one person making it).  With this in mind, do I think it will happen by 2040 and they will be an American tech entrepreneur. 
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