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

'The picture is yet to be completed...', after Operation Sindoor, the former army chief increased the suspense; Pakistan in tension.

In response to the terrorist attack in Pahalgam on April 22, the Indian Army took military action

New taxes and cess announced on cigarettes, paan masala, and tobacco; to be implemented from February 1st, with different rates for cigarettes and bidis.

The central government made a significant announcement on December 31, 2025, the last day of the

Joe Biden and PM Modi will meet leaders of Pacific island countries, future strategy will be discussed

Papua New Guinea Prime Minister James Marape said that US President Joe Biden and Indian Prime Mi

Mumbai Rain: It is raining heavily in some parts of Mumbai, IMD's yellow alert in these areas

Heavy rain lashed parts of Mumbai on Monday morning, but public transport services were not affec

IPL 2026: Riyan Parag Accused of Smoking in the Dressing Room; Will the BCCI Punish the Rajasthan Royals Captain?

On Tuesday during IPL 2026, Rajasthan Royals (RR) captain Riyan Parag—a 24-year-old—g

Stranger Things 5 ​​Finale: One last time... Eleven will face Vecna, Stranger Things finale trailer released.

This year saw another big hit on OTT platforms, and that hit was Stranger Things. We don't need t

The person who fired at Elvish Yadav's house was arrested in a police encounter. The accused was shot in the leg

The police have arrested the accused who opened fire at the Gurugram house of famous YouTuber and

14-year-old Vaibhav Suryavanshi faced jeering from Pakistani fans; watch the video to see how the Indian cricketer reacted.

Indian young sensation Vaibhav Suryavanshi faced jeering from Pakistani fans after the Under-19 A

The next 72 hours will be heavy: Rain returns in Delhi-NCR, and clouds will rain heavily today; know IMD's update

Heavy rains are continuing in the country. Many incidents are happening due to rain. An accident

Arijit Singh Retirement: Singer Chinmayi Sripada reacts to Arijit Singh's announcement of retirement from playback singing, shares old memories.

Renowned industry singer Arijit Singh has retired from the world of playback singing. Arijit Sing

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