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

Nokia C32, Nokia G22 and Nokia C22 smartphones launched with powerful battery, features are available

After recently launching its Nokia C02 smartphone in the market, HMD Global has now launched two

IND vs ENG: 'Gill's real test will begin now', said former coach Greg Chappell before the fourth Test against England

Former Australia captain Greg Chappell believes that Shubman Gill has performed brilliantly in ba

Hamas Israel Conflict: Hamas attacks family, boy survives; death of parents

Deadly attacks continue between Hamas and Israel. Meanwhile, an Israeli-American teenager survive

Gambhir-Shashi Tharoor: What did coach Gambhir say? Why did his post in response to Tharoor's tweet spark controversy?

India defeated New Zealand by 48 runs in the first T20 match played in Nagpur. However, more than

AUS vs PAK: Australia will face Pakistan today in the World Cup, the journey ahead will be difficult for the losing team.

The Australian cricket team is known for its alertness and Pakistan for its aggressive approach.

Pakistan: Ready to talk to army chief for the betterment of Pakistan- Imran Khan

On one hand, the sword of arrest is hanging on the former Prime Minister of Pakistan and PTI Chie

Saiyaara Budget: You will be shocked to know the budget of 'Saiyaara', which earned 200 crores. The film was made in just this much crores

Despite no big stars and no major promotions, Mohit Suri's romantic musical drama Saiyaara is cre

Manipur Violence: Armed miscreants opened fire, Indian Army jawan was injured in retaliatory action

Manipur Crisis: Violence has been going on in Manipur for the last one and a half months. Every d

Delhi Pollution: After Diwali, Delhi's air becomes so poisonous, it is very dangerous for children and the elderly

After Diwali, the level of pollution in Delhi's air reaches dangerous levels. The air of the city

Dhanashree Verma: 'My silence does not mean that you disrespect me', Dhanashree said this on divorce with Chahal

For the first time after her divorce with Indian cricketer Yuzvendra Chahal, YouTuber-dancer and

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