💰What It’ll Be Like When We Have The World’s 1st Trillionaire

In today’s newsletter we discuss what it’ll be like when the world has its 1st Trillionaire, Men In Blazers raises $15 million dollars to become the go-to spot for Soccer news in the U.S., theBlack Eyed Peas cancel their Las Vegas residency due to poor ticket sales, the movie ‘Her’ was set in 2025 and nailed how we’d interact with AI, Kanye West’s old Malibu home survived the California wildfires, and there’s a new ‘F1 for Basketball’ sports league being created by LeBron Jame’s business partner Maverick Carter.

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💰 What It’ll Be Like When We Have The World’s 1st Trillionaire

The world could be less than a decade away from seeing its 1st Trillionaire, and I’ll give you one guess who is in first place to win that prize?

Elon Musk, whose current net worth is estimated to be $433.9 Billion dollars, could reach Trillionaire status in the next 5-6 years.

To give you some perspective, a net worth of $1 Trillion dollars is greater than the GDP of Switzerland, which was around $824 billion in 2023. It would also exceed the economies of Sweden, Argentina, and Norway combined, showcasing just how colossal a $1 Trillion dollar net worth is when compared to global economies.

Making the list of the wealthiest individuals, who could see their net worth exceed $1 trillion dollars within the next decade, is made up of the usual suspects.

1 Elon Musk - $433.9 Billion

2 Jeff Bezos - $239.4 Billion

3 Mark Zuckerberg - $211.8 Billion

4 Larry Ellison - $204.6 Billion

5 Bernard Arnault - $181.3 Billion

The implications of becoming a trillionaire within the next decade are profound. Elon Musk would not only have financial power surpassing the GDP of many countries, but also wield influence over industries and political movements on a scale that is hard to comprehend; or maybe we’re already getting a sneak peak of what Elon Musk might do with his growing influence upon the new Trump Administration.

⚽ Business

If American's love affair with soccer came with a Facebook relationship status, it’d have to be called Complicated. That love has been growing in recent years and celebrities like Ryan Reynolds and Rob McElhenney purchased the Wrexham AFC in Wales, UK, and Lionel Messi came to play for David Beckham’s MLS Inter Miami FC.

But following along with all the different soccer clubs and leagues around the world is tough. Currently their games are broadcast on nearly every streaming service, and if you want to keep up with scores and commentary good luck hoping ESPN will carry the results on SportsCenter.

Now a company called Men In Blazers is looking to solve that problem, while stepping up their production quality to that of the big league broadcasters like Fox Sports and ESPN.

Men In Blazers just raised $15 million dollars from a who’s who of investors in the world of sports, including Ryan Reynolds and Rob McElhenney through the company RR McReynolds that they used to purchase Wrexham AFC, Marc Lasry’s Avenue Sports Fund, Peter Chernin’s Chernin Group, Brent Montgomery’s Wheelhouse, Ryan Sports Ventures and Bolt Ventures.

Men In Blazers plans to use the proceeds of this fundraising to become a “place where U.S. soccer fans congregate for news, analysis, opinion and soccer-related entertainment across its programming and properties.”

With the Men’s World Cup coming to the United States in 2026 their timing to build out their soccer-focused sports network couldn’t be better.

🎧 Entertainment

It’s not a good look when you cancel  your first Las Vegas residency just weeks before it’s scheduled to start, but that’s exactly what the Black Eyed Peas did, citing “Current Circumstances”, which turns out to have been code for poor ticket sales.

🤖 AI

The love story ‘Her’ has turned out to have been pretty omniscient when it comes to the state of AI we find ourselves in today. Another unavoidable coincidence is the movie, made in 2013, was set in 2025. Talking about being spot on!

🏡 Real Estate

Someone who’s not named Kanye West has really lucked out in the middle of the deadly Californian wildfires. The new owner of Kanye West’s gutted Malibu home, Steve “Bo” Belmont, reported the home made it through the fires untouched.
Kanye West, who originally bought the home for $57.25 million dollars and proceeded to gut the home down to its cement foundation, then sold the home for $21 million dollars.

Steve “Bo” Belmont is reportedly restoring the home back to the original architectural gem that it was before Kanye West purchased the home, and wants to restore it just as famed architect Tadao Ando originally envisioned it.

🏀 Sports

In recent years there has been an explosion of new sports leagues. Now a new international basketball league, led by LeBron Jame’s business partner Maverick Carter, is launching a league he is calling the ‘F1 for Basketball’.

While LeBron James is reportedly not involved (yet), the investment group has “tapped UBS and Evercore to raise up to $5 billion to set up a new international league” that they are hoping will rival, but not directly compete with, the NBA.

Considering the NBA recently signed a $76 billion dollar deal with ESPN, NBC, and Amazon, then I think this new ‘F1 for Basketball’ league could capitalize on the world’s thirst for all things basketball.

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irl Media NEWSLETTER is written, edited, and published by Chris Thompson.