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

Kuwait: The Kuwait government will give compensation of Rs 12.5 lakh to the families of Mangaf fire victims, the amount will be received from the embassy

The Kuwaiti government will pay compensation of US $ 15,000 (Rs 12.5 lakh) to the families of the

CM Yogi said: Those who are getting VVIP treatment are spreading false propaganda about Maha Kumbh, 45 crore people have already taken a bath

On the occasion of the death anniversary of Pandit Deendayal Upadhyay, Chief Minister Yogi Aditya

Ram Navami 2023: PM Modi wished Ram Navami, and said- Lord Ram's life is an inspiration for humanity in every era

Ram Navami is being celebrated across the country today. The festival of Ram Navami is being cele

IND vs ENG: Samson has not been able to perform consistently well for India, scored three centuries but could not score 5+ runs six times

There are a lot of expectations from star batsman Sanju Samson in the five-match T20 series betwe

IPL 2025 will start on March 22? KKR-RCB will clash in the first match; Know when and where the final will be played

The 18th edition of the Indian Premier League (IPL) can start on 22 March. The opening match of I

To whom did Malaika Arora's father make the last call before committing suicide, the actress's mother revealed?

The film industry was shaken on Wednesday when the news of Malaika Arora's father Anil Kuldeep Me

Lok Sabha Election 2024: Whose decision was it not to field Priyanka Gandhi? Congress President Kharge replied

Amidst the Lok Sabha elections, there were speculations that Congress leader Priyanka Gandhi woul

Operation Sindoor: Yusuf Pathan will not be a part of the delegation of MPs who exposed Pakistan, TMC told the reason

After Operation Sindoor, the central government has formed a team which will go to different coun

Kolkata Case: 'Sanjay will not confess his crime in court', accused's lawyer claims he was framed in the doctor's murder

The lawyer of the accused in the murder case of a junior doctor at RG Kar Medical College in Kolk

SC's clear statement on bulldozer action, said- Government power should not be misused.

The Supreme Court made a big comment during the hearing on the bulldozer action on Wednesday (13

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