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Top 10 people most likely to reach trillionaire status
  + stars: | 2024-09-06 | by ( Robert Frank | ) www.nbcnews.com   time to read: +3 min
According to a new report from Informa Connect Academy, which predicts trillionaire status based on average annual growth rate in wealth, Tesla CEO Elon Musk will likely be the first trillionaire. Musk is currently the world’s richest person, with $251 billion, according to the Bloomberg Billionaires Index. The second to reach trillionaire status, according to the report, will be India’s Gautam Adani, founder of the Adani Group conglomerate. If Adani maintains his recent annual growth rate of 123%, the report says he will be a trillionaire in 2028. The report predicts Pangestu could reach trillionaire status by 2028.
Persons: , John D, Rockefeller, Berkshire Hathaway, Warren Buffett’s, Elon Musk, Musk, Gautam Adani, Adani, Jensen Huang, Pangestu, Bernard Arnault, Mark Zuckerberg, Jeff Bezos, wouldn’t, Larry Page, Sergey Brin Organizations: , New York Times, Berkshire, Nvidia, Informa Connect Academy, Bloomberg, Connect, Adani Group, Barito, Meta, Google
Indonesia president breaks ground on airport in new capital
  + stars: | 2023-11-01 | by ( ) www.reuters.com   time to read: +1 min
Indonesia's President Joko Widodo takes the stage to speak about the planned new capital Nusantara, at Ecosperity Week in Singapore June 7, 2023. REUTERS/Edgar Su/File Photo Acquire Licensing RightsJAKARTA, Nov 1 (Reuters) - Indonesia's President Joko Widodo on Wednesday broke ground on the construction of an airport in the country's new capital city, Nusantara. Jokowi, as the president is known, is this week expected to launch a total of 10 projects worth 12.5 trillion rupiah ($783.85 million) in Nusantara, which Indonesia is building from scratch amid the jungles of Borneo island. The 347-hectare airport is expected to be fully operational by December 2024, the president said, without detailing the total value of the project. The country has allocated 40.6 trillion rupiah for the construction of Nusantara in its 2024 budget.
Persons: Joko Widodo, Edgar Su, Agung, Grup, Ananda Teresia, Stefanno Sulaiman, Kanupriya Kapoor Organizations: Nusantara, REUTERS, Rights, Astra International, Thomson Locations: Singapore, Rights JAKARTA, Nusantara, Indonesia, Borneo, Jakarta, Nusantara .
Indonesia's President Joko Widodo takes the stage to speak about the planned new capital Nusantara, at Ecosperity Week in Singapore June 7, 2023. REUTERS/Edgar Su/File Photo Acquire Licensing RightsJAKARTA, Nov 1 (Reuters) - Indonesian President Joko Widodo broke ground on Wednesday for construction of several projects ranging from an airport, toll-road and hospital to a hotel in a planned new capital city, Nusantara. The 347-hectare (857-acre) airport is expected to be fully operational by December 2024, the president said, at a total cost of 4.2 trillion rupiah ($263 million). The government targets the second half of 2024 for an international hospital, built by Indonesian hospital chain Mayapada (SRAJ.JK), to become operational. The president said he would break ground on nine projects in December, but gave no details.
Persons: Joko Widodo, Edgar Su, Jokowi, Pakuwon, Agung, Ananda Teresia, Stefanno Sulaiman, Kanupriya Kapoor, Clarence Fernandez Organizations: Nusantara, REUTERS, Rights, Astra International, Thomson Locations: Singapore, Rights JAKARTA, Nusantara, Jakarta, Indonesia, Borneo, Balikpapan, Indonesian
Indonesia President Breaks Ground on Airport in New Capital
  + stars: | 2023-10-31 | by ( Oct. | At P.M. | ) www.usnews.com   time to read: +1 min
JAKARTA (Reuters) - Indonesia's President Joko Widodo on Wednesday broke ground on the construction of an airport in the country's new capital city, Nusantara. Jokowi, as the president is known, is this week expected to launch a total of 10 projects worth 12.5 trillion rupiah ($783.85 million) in Nusantara, which Indonesia is building from scratch amid the jungles of Borneo island. The 347-hectare airport is expected to be fully operational by December 2024, the president said, without detailing the total value of the project. The country has allocated 40.6 trillion rupiah for the construction of Nusantara in its 2024 budget. A consortium of Indonesian companies including energy firm Adaro, conglomerate Astra International, property firm Agung Sedayu Grup, and energy company Barito Pacific have invested about 20 trillion rupiah in Nusantara.
Persons: Joko Widodo, Agung, Grup, Ananda Teresia, Stefanno Sulaiman, Kanupriya Kapoor Organizations: Nusantara, Astra International Locations: JAKARTA, Nusantara, Indonesia, Borneo, Jakarta, Nusantara .
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGeothermal energy has 'very high barriers to entry': Barito Renewables EnergyHendra Soetjipto Tan, CEO of Barito Renewables Energy, discusses what's behind its initial public offering and the challenges of building geothermal power plants.
Persons: Soetjipto Tan Organizations: Barito Renewables, Barito Renewables Energy
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