- At least a half-dozen companies have hit the $1 trillion mark.
- Next up could be the first individual person to become a trillionaire.
- More than 100 years after the first billionaire, the first trillionaire could well be crowned in the next decade.
On Sept. 29, 1916, newspapers across the country announced a wealth milestone once thought to be unreachable: the world’s first billionaire.
“Standard (Oil) at $2,014 makes its head a billionaire,” blared The New York Times headline, adding that Standard Oil’s soaring share price “makes John D. Rockefeller, founder and largest shareholder, almost certainly a billionaire.”
More than a century after the first U.S. billionaire (in measurable dollar terms), the question of who will be first to reach the trillionaire mark continues to fascinate. At least a half-dozen companies have done it, most recently Berkshire Hathaway
, which topped $1 trillion just before Warren Buffett’s 94th birthday. Nvidia
is now at $2.6 trillion, having hit the 13-figure club last year.
www.cnbc.com/2024/09/06/top-10-people-most-likely-to-reach-trillionaire-status.html