The First Trillionaire Will Be a Space Miner: Inside the New Gold Rush in the Cosmos

How asteroid mining is set to revolutionize the global economy and create unimaginable wealth

Fahri Karakas

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Photo by Bryan Goff on Unsplash

The Final Frontier of Wealth Creation

In the vast expanse of our solar system lies an untapped treasure trove of resources that could reshape the global economy and create wealth on a scale never before seen in human history.

Forget Silicon Valley unicorns or Wall Street titans — the world’s first trillionaire is likely to emerge from the burgeoning industry of space mining.

The Numbers Are Astronomical

To understand the potential of space mining, we need to grasp the sheer abundance of resources waiting to be tapped.

Let’s look at some of the top asteroids and what they entail:

16 Psyche: A Golden Opportunity

This metallic asteroid, located in the asteroid belt between Mars and Jupiter, is estimated to contain $10 quintillion worth of iron, nickel, and precious metals. That’s $10,000,000,000,000,000,000 — enough to make every person on Earth a billionaire.

  • Size: About 226 km in…

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Fahri Karakas

Associate Professor in Business & Leadership at University of East Anglia. Passionate about doodling, imagination, and creativity. Author of Self-Making Studio.