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.

 

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

Donald Trump: 'Whoever imposes more tax, we will impose the same tariff on them', Trump set April 2 as the deadline, also named India

While addressing the Congress, US President Donald Trump placed India, China, South Korea and man

Coronavirus originated from animals or leaked from China's laboratory, but answer not been received even after three years

A key question that has eluded governments and health agencies around the world since the start o

Imran Khan's arrest fixed in Pakistan: Non-bailable warrant issued in Toshakhana case, supporters called in front of house

Former Prime Minister of Pakistan Imran Khan can be arrested at any time now. The Islamabad Sessi

Narendra Modi: Prime Minister Modi will come to Gaya today, will inaugurate the newly built campus of Nalanda University

Prime Minister Narendra Modi is on his first visit to Gaya in Bihar today after taking oath as PM

IND vs. BAN Weather: Will rain become the villain in India's last Super Four match? Know how the weather is in Colombo today

The teams of India and Bangladesh will face each other in the Super-Four round today. With this m

Why did Donald Trump say, 'We could destroy the world 150 times'?

US President Donald Trump has made a sensational statement. In an interview, he said that the wor

Urfi: 'No matter what I do..I will only get hate', Urfi shared screenshots full of abuses, celebs gave strength

Urfi Javed has been in the news recently for the show 'The Traitors', in this show, she played a

Navratri 2023: Worship Goddess Brahmacharini with this method on the second day of Navratri, income and good fortune will increase.

Shardiya Navratri 2023 Day 2: Shardiya Navratri is celebrated every year from Pratipada Tithi of

After commenting on Premananda Maharaj, the successor of Jagadguru Rambhadracharya gave clarification, saying a big thing

After an interview with Tulsi Peethadheeswar Jagadguru Swami Rambhadracharya, his successor Achar

INDIA: Will the word 'INDIA' be removed from the Constitution? BJP MP said - the word India is an abuse given by the British

Once again a demand has been raised in the country to remove the word India from the Indian Const

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