{"id":1238,"date":"2014-05-11T00:38:38","date_gmt":"2014-05-11T06:38:38","guid":{"rendered":"http:\/\/ubune.com\/blog\/?p=1238"},"modified":"2014-05-07T17:40:32","modified_gmt":"2014-05-07T23:40:32","slug":"bill-gates-predicted-to-be-world%e2%80%99s-first-trillionaire","status":"publish","type":"post","link":"http:\/\/ubune.com\/blog\/2014\/05\/11\/bill-gates-predicted-to-be-world%e2%80%99s-first-trillionaire\/","title":{"rendered":"Bill Gates predicted to be world\u2019s first trillionaire"},"content":{"rendered":"

\"\"<\/p>\n

HE founded the world\u2019s most famous software company and is dedicated to eradicating malaria.<\/p>\n

Now Bill Gates could be set to add another line to his CV: World\u2019s first trillionaire.<\/p>\n

That’s according to financial forecasters who predict it\u2019s only a matter of time before we see billions become trillions.<\/p>\n

That\u2019s a million million for the record. Or $1,000,000,000,000.<\/p>\n

American tax lawyer Bob Lord predicts the next trillionaire could emerge within 25 years as wealth levels become more concentrated.<\/p>\n

\u201cMy guess is 2039 is the most likely time frame to cross that threshold,\u201d he told The Telegraph. <\/p>\n

Bill Gates is predicted to be the first person to take up the mantle. He\u2019s currently the world\u2019s richest man with a fortune of $79.5 billion.<\/p>\n

Carlos Slim and Warren Buffett, who are valued at $67.3 billion and $64.8 billion respectively are also in the running, although with Buffett at age 83 could be a factor.<\/p>\n

Wealth Insight consultant Oliver Williams told The Times that with wealth growing at current levels the move is inevitable.<\/p>\n

\u201cYou can\u2019t be exact on when we will see the first trillionaire, and it is \u2018when\u2019 not \u2018if\u2019, but it is doubtful that it will be within 25 years; double that estimate would be more likely,\u201d he said.<\/p>\n

\u201cThe first trillionaire will be an inventor, someone who creates something world-changing, like Bill Gates did with the PC.\u201d<\/p>\n

Banking giant Credit Suisse predicts there could be as many as 11 trillionaires within the next two generations.<\/p>\n

\u201cIf this scenario unfolds, then billionaires will be commonplace, and there is likely to be a few trillionaires too, eleven according to our best estimate\u201d their recent Global Wealth Report stated.<\/p>\n

Photo: AP<\/p>\n","protected":false},"excerpt":{"rendered":"

HE founded the world\u2019s most famous software company and is dedicated to eradicating malaria. Now Bill Gates could be set to add another line to his CV: World\u2019s first trillionaire. That’s according to financial forecasters who predict it\u2019s only a matter of time before we see billions become trillions. That\u2019s a million million for the […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/ubune.com\/blog\/wp-json\/wp\/v2\/posts\/1238"}],"collection":[{"href":"http:\/\/ubune.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/ubune.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/ubune.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/ubune.com\/blog\/wp-json\/wp\/v2\/comments?post=1238"}],"version-history":[{"count":1,"href":"http:\/\/ubune.com\/blog\/wp-json\/wp\/v2\/posts\/1238\/revisions"}],"predecessor-version":[{"id":1239,"href":"http:\/\/ubune.com\/blog\/wp-json\/wp\/v2\/posts\/1238\/revisions\/1239"}],"wp:attachment":[{"href":"http:\/\/ubune.com\/blog\/wp-json\/wp\/v2\/media?parent=1238"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/ubune.com\/blog\/wp-json\/wp\/v2\/categories?post=1238"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/ubune.com\/blog\/wp-json\/wp\/v2\/tags?post=1238"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}