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

The Marvels Hindi Teaser: Kamala's amazing performance with 'Captain Marvel', first teaser of 'The Marvels' released

Marvel's superhero movies have fans all over the world. There is good news for the fans. The Marv

WhatsApp for iPhone to Get Major Upgrade: Share Photos Without Leaving the Chat Window

WhatsApp is preparing to introduce a major usability upgrade for iPhone users that could signific

IND vs PAK Report: India-Pakistan T20 World Cup ticket prices sky high, Rs 1.86 crore. The price reached!

Fans wait eagerly for the match between India and Pakistan. Considering that there is no bilatera

Delhi School Bomb Threat: Threatening mail sent by hiding the original IP address through VPN, same ID used

Mails giving information about bombs being planted in schools of Delhi-NCR have be

AC Cooling Hack Goes Viral: Should You Pour Water on the Outdoor Unit? Experts Reveal the Truth

As temperatures continue to soar across the country, air conditioners have become an essential pa

WhatsApp Accounts Banned: Thousands See ‘Under Review’ Message, Features Blocked Without Warning

Thousands of WhatsApp users, including users in India, were suddenly confronted with an “Ac

Harmanpreet Kaur shook the record books and set a record by scoring a century in England

Indian women's cricket team captain Harmanpreet Kaur created history by scoring a century against

UP: The SP team was stopped from going to Sambhal, Mata Prasad said- I have the right to go anywhere, DM refused just by calling.

The case of violence during the mosque survey in Sambhal, UP is gaining momentum. The delegation

Operation Sindoor: The echo of 'Operation Sindoor' was heard a lot in China; India was successful in giving a strong message to the world.

There is both a story and silence behind every storm. Operation Sindoor is not over yet, but its

World Cup: 'Kohli-Rohit or Samson cannot do work like Suryakumar', former spinner's big statement regarding World Cup

The inclusion of Suryakumar Yadav in the Indian team selected for the World Cup has surprised man

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