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

Ram Mandir: PM Modi receives an invitation to perform the consecration of Ram Lalla, the date fixed for January 22, 2024

Big information has come to light regarding Ramlala's Pran Pratistha Mahotsav. General Secretary

IND vs PAK: Gavaskar targets PCB, says action should be taken for not holding press conference, no right to stop the match

The handshake controversy between India and Pakistan in the Asia Cup 2025 is still in the news. T

Hariyali Teej 2023: Offer these things to Shiva-Parvati on Hariyali Teej, and you will get blessings of unbroken good fortune

Hariyali Teej 2023: Hariyali Teej has special significance in Hinduism. The festival of Hariyali

PSG: Messi's goal wins PSG, Tottenham's Hyung Min first Asian footballer to score 100 Premier League goals

Football Saturday saw some of the best matches in different leagues around the world. Paris Saint

Cold returns to Delhi-NCR, hailstorms in Rajasthan and MP; snowfall in Uttarakhand

The weather is changing every moment in most parts of the country, including Delhi-NCR. A sudden

EC: Selection committee meeting under the chairmanship of PM Modi today, appointment of election commissioners may be approved

The selection committee headed by Prime Minister Narendra Modi will meet on Thursday afternoon to

Rathyatra stampede: VIP entry from the exit gate, only one gate for the general public; Big revelation on Rathyatra stampede

Many revelations are being made about the stampede that took place during the Jagannath Rath Yatr

Modi Surname Case: Surat court will pronounce verdict on Rahul Gandhi's petition today, sentenced to 2 years

Modi Surname Case A court in Surat is likely to pronounce its verdict today on Congress leader Ra

Saif Ali Khan: From the attack on Saif Ali Khan to the formation of teams for investigation, know what has happened in the case so far

A thief attacked Saif Ali Khan with a knife in his Mumbai Bandra house. Saif suffered serious spi

IPL 2024 Auction: 'Whatever Dhoni asked for, we bought it', CSK CEO reacted after the auction

Chennai Super Kings: Chennai Super Kings team always comes with a clear strategy in the IPL aucti

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