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

Mukhtar Ansari: Don Mukhtar's body can be examined even after 20 years, buried specially; Afzal's big claim

The family did not hurry even once in burying the body of mafia Mukhtar Ansari. The Ansari family

JEE Main Exam 2025: This is a big change in the pattern of the JEE Main exam! know full details

The National Testing Agency (NTA) has made changes in the pattern of the question paper of JEE Ma

IPL 2024: Young age and big achievements! These young captains lifted the shining IPL trophy; Dhoni is behind 'Hitman'

Now only a few days are left for the start of the 17th season of the Indian Premier League (IPL 2

Malaysia's Major Decision: Social Media Ban for Children Under 16—Find Out Which Other Countries Have Similar Restrictions.

In a major move aimed at protecting children online, Malaysia has implemented a new law banning c

Thalapathy Vijay: After becoming a politician, Thalapathy Vijay came among the public for the first time, addressed the fans as 'comrade'

Tamil superstar Dalapathy Vijay has now entered the world of politics after making his acting deb

Gold Price Today: Gold Rates Fall Again, Silver Prices Also Slip; Check Latest Rates in Delhi, Mumbai, Noida & More

Gold and silver prices remained volatile on Monday, July 6, as global economic uncertainty and sp

Can the Supreme Court decide the deadline of the bill? President Murmu asked these 14 questions to the court.

President Draupadi Murmu has objected to the Supreme Court's decision of April 8. In this, a time

BJP's victory in Haryana: BJP wins in 9 out of 10 corporations, Independent candidate wins in Manesar; Congress trails

The results of the mayor elections of 10 municipal corporations of Haryana have started coming. I

WTC Points Table Latest: Australia bats well after winning the Test series, New Zealand suffers loss; Look at the status of the points table

Pat Cummins-led Australian team defeated New Zealand by 3 wickets in the second Test and won the

'Towel, knife and hair clip...' An Army officer going home on leave helped a woman deliver a baby at the railway station, the Army Chief honoured him

Army Chief General Upendra Dwivedi recently praised a soldier, knowing the reason behind which yo

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