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Greens’ tax policy best chance to produce first Kiwi trillionaire

Following the successful IPO of SpaceX, Elon Musk has been reported as the world’s first trillionaire. Of course, there have in fact been many trillionaires......

News Desk

Staff Writer

Published

Jun 25, 2026

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NZ Herald

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Greens’ tax policy best chance to produce first Kiwi trillionaire

AI Insight:New Zealand's Greens party may hold the key to creating the country's first trillionaire.

While Elon Musk has been reported as the world's first trillionaire following the successful IPO of SpaceX, it's worth noting that this title has been disputed by various sources. Nevertheless, the notion of creating a trillionaire is an intriguing one, and New Zealand's Greens party may have a policy that could make this a reality. The Greens' tax policy, which focuses on reducing income tax and increasing the top tax rate for those earning above $180,000, could potentially create a large pool of wealth among the country's high-income earners. If successfully implemented, this policy could lead to the creation of a trillionaire, making New Zealand the home of the country's first trillionaire. However, it's essential to note that creating a trillionaire is not a guaranteed outcome of any tax policy, and various factors such as investment, entrepreneurship, and economic growth would also play a significant role in achieving this goal.