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

PM Modi: PM Modi will send a chaadar for Ajmer Dargah today, Minority Affairs Minister Rijiju will take it

On behalf of Prime Minister Narendra Modi, a chaadar will be offered at the dargah of Khwaja Moin

UP Board: What happens if you fail the Class 10 or 12 exams? Whose academic year can be saved, and who will have to repeat their studies?

The results for the Uttar Pradesh Board’s Class 10 and 12 examinations are set to be declar

Salman Khan: Fear of KKBKKJ being a flop was troubling Salman Khan, said- If the picture doesn't work then...

The trailer of Salman Khan's most awaited film 'Kisi Ka Bhai, Kisi Ki Jaan' has been released. Th

Bishnoi community sought help from PM Modi in Salman Khan's Blackbuck hunting case.

Salman Khan is constantly in the news. The Bishnoi community is angry with Salman Khan. Salman Kh

'Help us...', after messing with India, Pakistan started begging, now it appeals to the World Bank to give more loans

Pakistan is nervous after India attacked Pakistan. Pakistan's condition is so bad that it is now

West Asia Crisis: 'If LPG is available in Russia, it will be purchased from there as well' — India expresses deep concern.

In light of the growing impact on energy supplies caused by the ongoing conflict in West Asia, In

NDA Government: Preparations are underway to make Modi 3.0's swearing-in ceremony grand, Prime Ministers of these countries accepted the invitation

The National Democratic Alliance (NDA) got 293 seats in the Lok Sabha elections. Narendra Modi wa

Fidayeen attack in Pakistan: Blast in a police van, 9 killed; Fourth major attack on policemen in two months

There has been a blast in a police van in Pakistan's Bolan district. 9 policemen have died in thi

Samsung Galaxy S27 Series: Major Display, Processor and Battery Upgrades Leaked; Check Expected Features

Samsung's next flagship smartphone lineup is already generating significant buzz, even though the

Delhi Flood: Delhi's systems are slowly coming back on track, Wazirabad water plant started

After the water level of Yamuna in Delhi decreased gradually, now the exercise to bring the arran

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