How To Become The World’s First Trillionaire

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Everyone is looking to make a quick buck, whether it be a group of kids running a lemonade stand or multi-billion dollar company making new cutting-edge technology. Everyone wants to be rich to be among the ranks of Bill Gates-Warren Buffett Mark Zuckerberg.

In a world with over seven billion people, it is getting harder and harder to come up with creative ways to earn money. However as crazy as it may sound the world’s first trillionaire is alive

today. It could be Bill Gates Elon Musk or it could even be any random person walking down the street and you would have no clue. Within the next 20 years it is highly likely that we will be in the presence of the world’s first billionaire but how would one math such an enormous wealth you may ask simple asteroid mining

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Neil deGrasse

In an interview in late 2016, Neil deGrasse Tyson revealed the secrets to amassing an enormous wealth

“it is likely that the first trillionaire will be the person who exploits the mineral resources on asteroids”

and the man is entirely correct. Asteroid mining may make the switch from science fiction to reality in the years. NASA tracks the location of thousands of asteroids and near-earth objects or any other planets each and every single day. Some of which is worth trillions of dollars.

  According to NASA, there are approximately fourteen thousand near-earth objects that come relatively close to Earth sometime during their orbit. Many of these nearby asteroids contain the minerals and materials that hold value on earth and their seemingly infinite amounts of them out there. For reference the asteroid belt between Mars and Jupiter is estimated to be containing two million asteroids larger than one kilometer in diameter on top of millions of smaller ones The first individuals to explore space for these resources by exploiting asteroids will be the first trillion notice of our time.

In July of 2015, an asteroid codenamed “2011uw158” passed our planet at a distance of 2.4 million kilometers or about six times the distance between Earth and the moon.

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It carried 90 million tons of platinum in its core amongst many other rare and precious materials. Scientists estimate that this one kilometer wide flat asteroids worth upwards of five point four trillion u.s. dollars in today’s currency. For scale, the value of this single asteroid is worth more than the top ten companies in the entire world.

On February 15th, 2013 a 30-meter wide asteroid named “2012da14” came so close to Earth that it flew within the Ring of geostationary orbiting satellites as an altitude of only about 35,000 kilometers. For reference, the distance to the moon is only 384,000 kilometers meaning the “2012da14” passed by our planet at a distance one-eleventh of that to our closest cosmic neighbor.

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It shot past earth at a whopping speed of 7.8 kilometers per second or about

17,000 miles an hour which if it hit earth would have caused massive damage. Speaking of massive damage about 16 hours before “2012da14” closest approach the “Chelyabinsk” meteor entered

Earth’s atmosphere and crashed into the Russian city creating the spectacular sky show that many of you may recall.

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Although “2012da14” size may not seem too spectacular at first this 30-meter wide asteroid could be worth upwards of 20 trillion US dollars. This single asteroid could single-handedly pay off the entire United States running national debt or it could send every single high school graduate in the United States to college for free for a hundred and fourteen years.

 However, this is nowhere near the price tag of the most valuable asteroid ever found. Asteroid “1903LU” is the seventh largest asteroid found a date discovered in 1903 by the American astronomer Raymond Smith Duggan and is composed of nickel iron cobalt water nitrogen and hydrogen all of which are extremely resourceful to companies around the globe. It is worth so much that I’m not even completely able to comprehend it. At 323 kilometers in diameter asteroid “1903Lu”

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1903Lu

is worth of mine to borrowing 15.3 a tween Killion dollars let that sink in first. Although “1903LU” is worth this inconceivable amount of money this is exactly the most cost-effective asteroid to mine. Asteroid “1999ju3” is perhaps one of our best chances at mining an asteroid in the near future and one that is fairly easy to capitalize on. Its unique orbit  causes it to come within a few million comets of Earth every four or five years
.This can be used to take multiple trips to the asteroid over the course of ten 20 or maybe even 30 years that’s needed to fully mine the asteroid for the maximal amount of materials to be returned to earth.

 Although “1999ju3” is estimated to be only 83 billion US dollars it is one of the most cost-effective asteroids mines with its location and its convenient orbit which could perhaps be our first baby steps into the industry at asteroid mining. This could pave the way for future explorers and entrepreneurs pushing humanity back into space and maybe even jump-starting a second space race. In 2010 US president at the time Barack Obama announced that the project of a human mission to an asteroid became the new goal to achieve before 2025 to go ahead and during a press conference

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