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

INDIA Alliance: 'Mamata Banerjee should be made the face of the alliance', TMC spokesperson advised Congress

Ahead of the India Alliance meeting, Trinamool Congress (TMC) has advised the Congress to give up

Kulgam Encounter: The Encounter ends after 40 hours in Kulgam, security forces eliminate three terrorists from the valley

The ongoing encounter between terrorists and security forces in Kulgaon, Jammu, and Kashmir ended

India Vs West Indies: Why the ODI series against West Indies was of no use for the Indian team? These are the 3 main reasons

The Indian team won the series 2-1 by defeating the West Indies by 200 runs in the third ODI in T

IND vs SA: Tony DeGeorge scored a brilliant century, India lost the second ODI; South Africa equalized the series

Thanks to a brilliant century by Tony de Georgi (119*), South Africa defeated India by 8 wickets

T20 World Cup: 'It is difficult to find a player like Warner', this former captain praised the Australian batsman

Australia's legendary opener David Warner's international cricket caree

Did RJ Mahvash take a dig at Palash Muchhal? Speculations of a postponed marriage with Smriti Mandhana have gained momentum.

Recently, the wedding of cricketer Smriti Mandhana and music composer Palash Muchhal was postpone

Covid-19: How is the situation in the country due to Corona now? Is the infection still increasing? Know everything in detail here.

Many countries of the world including India have seen a rapid increase in cases of infection due

Tanvi The Great: Will the Delhi government show the film 'Tanvi The Great' to children? CM said this

Actor and director Anupam Kher's film 'Tanvi the Great' is in the headlines these days. Recently,

After Rihanna, now Justin Bieber perform at Anant Radhika's wedding function, the singer reached Mumbai

Anant Ambani and Radhika Merchant are going to get married soon. The couple got engaged last year

Shilpa Shetty: Shilpa Shetty's statement recorded in the Rs 60 crore fraud case, questioned for several hours by EOW

The Mumbai Police's Economic Offences Wing (EOW) questioned Bollywood actress Shilpa Shetty for a

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