According to a report by Informa Connect Academy, Elon Musk, the CEO of Tesla and SpaceX, may become the world's first trillionaire by 2027. With a current net worth of $237 billion, Musk would need to grow his wealth at an annual rate of 110% to achieve trillionaire status within the next few years.

Australia is set to implement new legislation establishing a minimum age for social media use, a move aimed at safeguarding children and supporting concerned parents. Prime Minister Anthony Albanese announced this initiative, underscoring the government's commitment to addressing the rising mental health concerns associated with social media and digital platforms.

In a surprising twist on the Hurun India Rich List 2024, Kris Gopalakrishnan, co-founder of Infosys, has emerged as the wealthiest among the tech giant's founders, surpassing his renowned colleague Narayana Murthy.