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

Delhi Government 100 Days: Delhi BJP's '100 days of service' program, Anupam Kher discussed with Rekha Gupta

On completion of 100 days of BJP-led Delhi government, the '100 Din Seva Ke' program has been org

Bengal Elections: Election Commission beefs up security in Bengal; orders installation of CCTV cameras at sensitive booths.

The second phase of the Assembly elections in West Bengal is scheduled to take place on April 29.

Weather Update: From Kashmir to the South, the weather changed its course, and temperature may increase in different parts

The weather has changed its course in India. In most parts of the country, day temperature has be

Professional Shooters Hired to Assassinate Suvendu Adhikari's PA; 72 Hours of Reconnaissance: SIT Reveals

On Wednesday night in Madhyamgram, North 24 Parganas, Chandranath Rath—a close associate an

Gold Price Today: Gold Falls ₹678 to ₹1.45 Lakh, Down ₹31,516 from Record High; Silver Slips ₹2,980

Gold Price Today: Gold and silver prices extended their decline on July 23, according to data rel

SRH vs RCB: Rajat Patidar's storm came in Hyderabad, AB de Villiers' record broken; Became the second RCB player to do so

In the 41st match of IPL 2024, Sunrisers Hyderabad faces Royal Challengers Bangalore. After winni

Champions Trophy: India and New Zealand will face each other in the title match after 25 years, know how their record has been

The title match of the Champions Trophy will be played between India and New Zealand on March 9.

Thalapathy Vijay fell at the airport; the actor was taken home in this condition amidst uncontrollable fans.

South Indian superstar Thalapathy Vijay has such a massive fan following that wherever the actor

Lok Sabha Elections: Prime Minister Modi will churn UP today and tomorrow, will campaign on seven Lok Sabha seats

After three phases, Prime Minister Narendra Modi will now heat the atmosphere by campai

Punjab Flood: Actor-singer Amy Virk became the messiah for the flood victims in Punjab, adopted 200 affected houses

Many districts of the Punjab state are facing the brunt of floods these days, in which many house

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