Elon Musk became the world's richest businessman: with a net worth of Rs 15.4 lakh crore, Arnault was overtaken, Tesla shares rose 90% this year


Posted on 28th Feb 2023 01:44 pm by rohit kumar

Tesla founder Elon Musk has regained the position of the world's richest person leaving behind Bernard Arnault of France. Tesla shares rose 5.5% to $207.63, boosting Musk's net worth. According to the Bloomberg Billionaires Index, Musk's total net worth has increased to $ 187.1 billion (about Rs 15.4 lakh crore).

 

Bernard Arnault, CEO of the world's largest fashion group Louis Vito Moet Hennessy (LVMH), has a net worth of $ 185.3 billion (about Rs 15.32 lakh crore). Arnault ousted Musk from the No. 1 position in mid-December. Since then he remained on top. Arnault is considered the godfather of the modern luxury fashion industry.

 

Did you know?Explore Trending and Topic pages for more stories like this.

Tesla's stock increased by 90% this year

Tesla's stock has seen an increase of 90% this year. The share price had fallen to $108 in January. Now it is at $207. Musk's net worth was $ 137 billion (about Rs 11.33 lakh crore) at the beginning of the year due to the stock price down. Musk's net worth was seen declining since the Twitter deal in October 2022. On November 8, Musk's net worth came down below $ 200 billion (Rs 16.5 lakh crore).

 

Musk's net worth in 2021 was Rs 27.95 lakh crore

Musk became the world's richest businessman in November 2021 after the rise in Tesla shares. He achieved this position by defeating Amazon founder Jeff Bezos. On 5 November 2021, Musk's net worth reached $ 338 billion (about Rs 27.95 lakh crore). Then the price of one Tesla share was more than $ 400.

 

India's Mukesh Ambani in Top 10

Reliance Industries Chairman Mukesh Ambani is the only Indian who is included in the top ten list of Billionaires. Ambani is at number 10 with a net worth of $81.1 billion (Rs 6.70 lakh crore). Jeff Bezos is number three on the list, Bill Gates at fourth, and Warren Buffet at fifth. Indian businessman Gautam Adani, who once reached number three on the list, is at number 32 with a net worth of $37.7 billion (about Rs 3.11 lakh crore).

 

Also Read: No bar on media coverage in Adani-Hindenburg case: Supreme Court dismisses petition; Said – will give a decision soon on the formation of the committee

1 Like 0 Dislike
Previous news Next news
Other news

G20 Summit: 'This has not happened in any country...', Congress made serious allegations against the government regarding the G20 conference

In the next few days, the summit of G20 countries is going to be held in New Delhi. However, even

Illegal construction is being removed near the temple in Sambhal, and house owners themselves are getting the balconies demolished.

The owner of a house located near the Shiv-Hanuman temple in Sambhal removed a portion of his hou

Bomb Threat: Chennai-Mumbai Indigo flight threatened with a bomb blast; Landed safely in Mumbai late at night

IndiGo flight from Chennai to Mumbai received a bomb threat message. The flight landed safely in

Mustafizur IPL Row: What was Mustafizur's reaction after being dropped from the IPL? A teammate tells the story.

Tensions between India and Bangladesh have taken a new turn. The controversy escalated after Must

People are suffering due to severe heat across the country, when will they get relief? IMD told what will be the weather like in the next 4 days

These days, there is a severe heat wave across the country. North India is burning a lot, if we t

Moto G77 Power 5G Launched in India at ₹23,999: 50MP Sony Camera, 7000mAh Battery & Up to 24GB RAM

Motorola has launched its latest mid-range smartphone, the Moto G77 Power 5G, in India. The smart

Biparjoy: This storm has created havoc in India, this cyclone that came 24 years ago had killed about 10,000 people.

The severe cyclonic storm 'Biparjoy' made landfall from the sea through the Jakhau coast in Kutch

IPL 2023, MI vs RCB: Veterans like Rohit-Surya flopped, so this 20-year-old player became a troubleshooter for the team

In the fifth match of IPL 2023, Mumbai Indians suffered a crushing defeat by 8 wickets against Ro

Will there be a mock drill in your district amid India-Pakistan tension? The list of all 244 districts including UP-Bihar.

After the Pahalgam terrorist attack, tensions between India and Pakistan are constantly increasin

Dispute in Parliament over language dispute, now one word of Dharmendra Pradhan created ruckus; DMK MP gave notice of breach of privilege.

DMK MP Kanimozhi Karunanidhi filed a notice of breach of parliamentary privilege on Monday agains

Sign up to write
Sign up now if you have flare of writing..
Login   |   Register
Follow Us
Indyaspeak @ Facebook Indyaspeak @ Twitter Indyaspeak @ Pinterest RSS



Play Free Quiz and Win Cash