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

Super Blue Moon: A wonderful sight will be seen on August 30, there will be a change in the size and color of the moon; How will you be able to see?

Super Blue Moon 2023: If you are also fond of watching the moon, then you must read this news. A

LokSabha Polls: 'Pakistan is desperate to make the prince the Prime Minister', PM Modi roared in Gujarat, taking a jibe at Rahul

Prime Minister Narendra Modi campaigned in Anand, Gujarat today. During this campaign, he al

Aamir Khan: 'I am very happy', Aamir excited with the success of 'Sitaare Zameen Par'; expressed gratitude to fans

Aamir Khan's film 'Sitaare Zameen Par' has been in the news ever since its release. The film is r

Parliament Security Breach: Gurugram Police is investigating the horoscope of Vicky and Lalit, there may be many revelations

Gurugram Police is gathering information about Lalit Jha, who was among the accused who breached

PM Modi will be on a three-country tour starting today, and will visit Ethiopia for the first time; the complete schedule has been released.

Prime Minister Narendra Modi will embark on a three-nation tour starting today, December 15th. He

Fighter Jet Crashes In Rajasthan: Major accident in Churu, Rajasthan, Air Force fighter plane crashes

A major plane crash has happened in Churu, Rajasthan. A fighter plane of the Air Force suddenly c

Sonu Sood: Sonu Sood exposed Bollywood, and said- good acting is done at parties here

These days actor Sonu Sood is promoting his film 'Fateh'. In a recent interview with Mashbell Ind

Inauguration of Shivamogga Airport: PM Modi said - the day is not far when countrymen will travel in 'Make in India' aircraft

Prime Minister Narendra Modi reached Karnataka on Monday. He first inaugurated the Shivamogga Air

T20 World Cup: Will the ICC lose 176 million viewers if Bangladesh withdraws? Why did Pakistan's Yusuf face the wrath of the fans?

Former Pakistan batsman Mohammad Yousuf made a statement on the social media platform X regarding

Attack on Trump: Biden orders independent review of security; Appeals to avoid speculation on motive of crime

In the case of the deadly attack on former President Donald Trump in Pennsylvania, US President J

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