The world’s wealth gap is set to hit a historic milestone: the rise of the trillionaire. According to a new report by Oxfam, five individuals—Elon Musk, Mark Zuckerberg, Jensen Huang, Jeff Bezos, and Bernard Arnault—are on track to amass 13-figure fortunes within the next decade. This prediction comes as billionaire wealth surges at an unprecedented rate, fueled by advancements in artificial intelligence, space exploration, and a favorable regulatory environment under a second Trump presidency.

Elon Musk, currently the world’s richest person, leads the pack. His net worth has more than doubled in the past year, soaring from $219 billion to $449 billion. Musk’s fortunes are tied to Tesla, SpaceX, and his close ties to political leaders, which have bolstered investor confidence.

Jeff Bezos, Amazon’s founder, is another likely contender. His wealth has grown by over 35% in the past year, reaching $245 billion. Bezos’s investments in AI and his private space venture, Blue Origin, are key drivers of his financial ascent.

Mark Zuckerberg, Meta’s CEO, has also seen a dramatic increase in wealth, up from $138 billion to $217 billion. After shifting focus from the Metaverse to AI, Meta has released generative AI models like Llama, boosting its market value and Zuckerberg’s personal fortune.

Jensen Huang, founder of Nvidia, is a rising star in the wealth race. With an annual growth rate of 111.88% since 2017, Huang’s net worth now stands at $117 billion. His company’s dominance in AI hardware positions him as a future trillionaire by 2028.

Rounding out the list is Bernard Arnault, the luxury goods magnate behind LVMH. Despite market fluctuations, Arnault’s wealth has grown to $188 billion, with projections placing him in the trillionaire club by 2030.

While these individuals thrive, Oxfam highlights a stark contrast: nearly 3.6 billion people still live below the poverty line. The charity calls for systemic changes to address inequality, urging the ultra-wealthy to contribute more to global solutions.