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

Israel-Hamas Conflict: 'The actions of the Israelis should also be looked at, the Palestinian ambassador said on Hamas-Israel conflict

The conflict continues between the terrorist organization Hamas and Israel. More than a thousand

Bade Miyan Chote Miyan: Title track of Akshay-Tiger's BMCM released, can it spread the magic of Amitabh-Govinda?

Bade Miyan Chote Miyan Title Track Released: Akshay Kumar and Tiger Shroff's film 'Bade Miyan Cho

Israel-Hamas War: 'The war will continue until Gaza is conquered', PM Netanyahu vowed; 4,137 Palestinians have died so far

Israel-Hamas war continues for the 15th day. The Israeli army is continuously targeting Hamas pos

IMD Foundation Day: Three incidents and then IMD was established in 1875, PM Modi launched 'Mission Mausam'

Established in 1875 during the British period, the Indian Meteorological Department (IMD) is goin

Rahul Gandhi: Rahul called Sonam Wangchuk's detention unacceptable, and said- PM Modi will have to listen to the voice of Ladakh

Leader of Opposition in Lok Sabha Rahul Gandhi called the detention of climate activist Sonam Wan

Kisan Andolan: Peace at Shambhu and Khanauri border...but tension, tight vigil in Kundli and Tikri; Police set up tents

After the farmers' march to Delhi was postponed, the agitation was seen only on the Punjab side o

T20 World Cup 2026: Had South Africa Wished, the Indian Team Would Not Have Reached the Semifinals! The Game Could Have Been Decided Right in the Super-8 Stage.

On Sunday, March 8, the Indian team made history in the final of the 2026 T20 World Cup. At the N

Vijayakanth Demise: DMDK founder Vijayakanth died of Corona, and was admitted to the hospital after difficulty in breathing.

DMDK President Vijakanth Corona positive. Corona cases are increasing across the country. Meanwhi

Credit Card Loan Explained: Instant Cash Solution or Costly Trap? Know Interest Rates, Features, Benefits & Hidden Risks

In today’s fast-moving financial world, a credit card loan has become one of the quickest w

Horse and mule riders had a field day during Navratri! So many devotees visited Vaishno Devi.

During the ongoing sacred Sharadiya Navratri, a stream of devotion is continuously flowing at the

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