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

All is not well between India and Bangladesh, relations turned sour after the trade war; Who is suffering more losses?

A trade war is going on between America and China, but along with this, a small trade war is also

Vicky Kaushal immersed in 'love' on Katrina Kaif's birthday, shared cute pictures of vacation

Vicky Kaushal On Katrina Kaif Birthday: Vicky Kaushal shared cute pictures wishing wife Katrina K

KIIT dispute: Odisha government gets strict, instructs private institutes to take action against unruly employees

The Odisha government has directed the authorities of the private institute KIIT to take action a

IND vs AFG: The Indian team can try these 11 players in the first T20I against Afghanistan, will Sanju Samson get a chance?

IND vs AFG Playing 11: The three-match T20 series against Afghanistan is going to start on Thursd

IND vs ENG Test: Arshdeep injured in practice session, Indian team will reach Manchester on 19th; Update on Pant's injury

After the defeat in the Lord's Test, once again the discussions have gained momentum whether fast

Gyanvapi Case: 'The decision will be taken if it becomes clear whose possession it was before 1993', High Court said this big thing in Vyas ji's basement case

The fact of who occupied the basement of Vyas ji located in the Gyanvapi complex of Varanasi befo

Pahalgam Attack: India took five big decisions, canceled visas of Pakistani citizens; Attari border also closed

After the terrorist attack in Pahalgam in South Kashmir, many major decisions have been taken in

Tomato Price: '120 rupees kg tomato' Center starts preparations to deal with it; Prices will come down soon; Tamil Nadu government took a big decision

The government has also swung into action regarding the skyrocketing prices of tomatoes. Consumer

Gautam Gambhir: 'ISIS Kashmir' threatens to kill Indian coach Gautam Gambhir, complains to Delhi Police.

Indian cricket team head coach and former BJP MP Gautam Gambhir have received a death threat from

'Humanity was shamed in Kolkata', Dhankhar indirectly told Mamata Banerjee

Vice President Jagdeep Dhankhar has reached All India Institute of Medical Sciences (AIIMS) today

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