Move over billionaires. The first trillionaires are on their way.

A speech by the U.N. chief, economic growth potential in places like China and Russia, the challenges of artificial intelligence and leaders from Spain to Malaysia are set to headline the agenda at the World Economic Forum’s annual event in Davos.

"Elon and I hugged it out," Dimon told CNBC in a TV interview at the World Economic Forum's annual event in Davos, Switzerland, Wednesday. "The guy is our Einstein," the JPMorgan chief said. "I'd like to be helpful to him and his companies as much as we can.

The charity reported that the wealth of the world's billionaires grew from $13 trillion to $15 trillion in 2024, a rate that is three times faster than in 2023.

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The gathering, led by India Global Forum (IGF) founder Manoj Ladwa, included entrepreneurs engaging with Musk. The delegates also toured the Starbase facility, where they saw the successful launch and booster catch of SpaceXs Starship Flight 7.

The United States on Friday grounded SpaceX's Starship and ordered Elon Musk's company to investigate why the spaceship spectacularly disintegrated in a fiery cascade over the Caribbean during its latest test mission.

Elon Musk sees positive trends in India-US trade, favoring an enhanced partnership. He met with Indian business leaders at SpaceX's Starbase in Texas, highlighting potential collaboration in technology and space exploration.

The Indian delegation, representing diverse sectors from technology and manufacturing to renewable energy, discussed opportunities for collaboration on global challenges. Topics included the role of technology in finance and regulation,

The world will soon have five trillionaires. New research shows this will happen within a decade. Who will they be?