Trillionaire
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A trillionaire is a person whose net worth is at least one trillion (one thousand billion) units of a given currency, typically US dollars. It is a subcategory of the concept of ultra-high-net-worth individuals. Elon Musk became the first and only person so far to have a verified net worth exceeding US$1 trillion with the initial public offering of his company SpaceX on 12 June 2026.[1][2][3][4]
There have been trillionaires in other currencies, generally due to hyperinflation, such as the Hungarian pengö in 1946 and the Zimbabwean dollar in 2008.[5][6] The word "trillionaire" first appeared in the New York Times in 1927, in reference to hyperinflation in the Weimar Republic.[7]
See also
[edit]References
[edit]- ^ Ovide, Shira; Siddiqui, Faiz (11 June 2026). "See how Elon Musk became the world's first trillionaire thanks to the SpaceX IPO". The Washington Post. Retrieved 12 June 2026.
- ^ Nishant, Niket; Saini, Manya (11 June 2026). "SpaceX IPO makes Elon Musk the world's first trillionaire". Reuters. Retrieved 12 June 2026.
- ^ "SpaceX Filing Starts Countdown to Massive IPO". The Wall Street Journal. May 20, 2026. Retrieved May 27, 2026.
- ^ Ma, Jason. "Musk may already be a trillionaire while these SpaceX employees and investors will hit multibillion-dollar jackpots after blockbuster IPO". Fortune. Retrieved 2026-05-27.
- ^ "Zimbabwe: Country of trillionaires couldn't buy bread - Zimbabwe | ReliefWeb". reliefweb.int. 2009-06-29. Retrieved 2026-06-05.
- ^ "What can you buy for $100 trillion in Zimbabwe? Not even a candy bar". The World from PRX. 2015-06-12. Retrieved 2026-06-05.
- ^ "Trillionaire | Acadian Asset Management". www.acadian-asset.com. 2026-01-22. Retrieved 2026-06-05.