The First Trillionaires Will Make Their Fortunes in Space
What's the Big Idea? Just as explorers during the Age of Discovery established new trade routes in pursuit of resources such as gold, silver and spices, the future explorers of space will be chasing unimaginable riches. As Peter Diamandis told the International Space Development Conference, “There are twenty-trillion-dollar checks up there, waiting to be cashed!” These cosmic cash cows are so-called Near-Earth asteroids that contain a wide range of precious resources. Sure, this may sound a lot like the movie Avatar, in which the RDA Corporation mined the mineral unobtanium on the planet of Pandora. But this is no pie-in-the-sky idea. Peter Diamandis, who founded the non-profit X Prize Foundation to create a rewards incentive program to bring about "radical breakthroughs for the benefit of humanity," believes the enormous financial opportunities in space will spur innovation. What's the significance? Why Should I Care? Asteroids represent a dual threat and opportunity for humanity.