In the new reports, it is estimated that Musk will soon become the world's first trillionaire.

This projection is calculated by Tipalti Approve, accounts payable (AP) automation technology company.

According to this study, Musk could become the first person to ever accumulate a $1 trillion net worth.

And that can happen as early as 2024.

Currently, according to Forbes' Real-Time Billionaires list, Musk's net worth is at over $260 billion.

It is $70 billion more than Bezos' current wealth estimation of about $190 billion.

Since 2017, Musk's wealth has increased by an average of 129% annually, joining a $ 1 trillion club in just two years and potentially reaching $ 1.38 trillion in net worth by 2024 at the age of 52.

- Tipalti Approve

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