4 Industries That Will Create the First Trillionaire
Have you ever dreamed of being a billionaire?What if I could told that you can be a trillionaire?!
There are several future industries that probably will create the first trillionaires.To put it in perspective, here’s what a trillion looks like written out: 1,000,000,000,000.
Some have gotten close, like John D. Rockefeller, who was reported to be worth over $500 billion adjusted for present day inflation. The world’s richest man, Bill Gates, is worth only $78 billion. I say the word ‘only’, half-joking of course, because it is still such a small fraction of a trillion dollars.
The most valuable corporations today are Apple $683B (software, hardware, Internet), Exxon Mobile $410B (petroleum), Google $367B (software, Internet).
For any industry to produce 100 times more value than today’s corporations they will need to quickly adapt, rapidly influence, and perform nearly instantaneous transactions but most important is breakthrough.
To break through and become a trillionaire, you will need to begin with an industry that is untapped, wide open, and just waiting for a dominant player to emerge.
Here are four industries that could create the first trillionaire in the world.
The space race is only just beginning as some of the world’s most powerful billionaires fight it out to be the first to dominate the commercial space industry.The potential for the space industry is not just about travel, of course. Companies are already planning to mine asteroids, colonize mars, and develop weapons only to be used in space.
While proving that both water and oxygen can be manufactured in space will be the first order of business, our
growing need for platinum based metals could result in entire asteroids being dragged back to earth, each valued at hundreds of billions of dollars, shortly thereafter.
The 1st entrepreneurs to tap into this heap of clean energy production will surely become trillionaires.This entire industry is currently valued at $2 trillion dollars globally and is already seeing massive disruption from alternative energy such as solar and wind.The majority of energy still comes from traditional energy sources, namely oil. The impact these traditional energy sources have on the climate has created a race to build energy solutions that are more cost effective and less environmentally harmful.
Another point is that we are relatively good at generating power, but when it comes to storing power from one day to the next it’s impossible. Anyone who finds an efficient way of storing power will quickly become the leader of energy.
In the late 1800’s, the average life expectancy was 41. Today, it is over 80 years old. In the future, many believe there will be no life expectancy age.If every person had the option of paying $10 a day to make aging stop and live forever, how many would choose that option? A billion people paying $10 a day would amount to $3.65 trillion a year in revenue.Google has invested over a billion dollars into their firm Calico, and Peter Thiel is in what he describes as a ‘fight against death‘.
The race to cure death is on and many companies are launching with the goal of finding a way, venture capital funds are forming strictly for the purpose of longevity, and leading researchers and scientists are leaving their government jobs to join private companies.
4.Crypto-currency The first global currency will likely be a cryptocurrency. Since they operate outside of the realm of highly regulated, nation-based economies, cryptocurrencies will have the ability to fill the gaping needs left unanswered by today financial systems. To put this into perspective, 2.5 billion adults, just over half of the world’s adult population, do not have bank accounts, nor do they use any formal financial services to save or borrow. The opportunity here is huge.
What do you think ?Are you ready to be a trillionaire?!