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

Waqf Amendment Bill will be presented in Lok Sabha today: Which changes did JPC approve, and what's new in the bill? Know here

The Central Government is going to introduce the Waqf Amendment Bill, 2024 in the Lok Sabha on We

Assembly Elections: Jairam Ramesh surrounds '3S' regarding the new government in Meghalaya, Himanta Sarma takes a jibe at Congress

There has been a war of words between the BJP and Congress over the election results of the north

The panel of PM, Leader of Opposition, CJI will choose Election Commissioner: Supreme Court said – these appointments should be like CBI director; Earlier the government used to decide

The Supreme Court on Thursday gave a historic verdict on the appointment of the Chief Election Co

Gyanvapi Survey: ASI team reached the Gyanvapi campus for investigation on the seventh day, the secret of the northern basement will be revealed?

The ASI team reached the campus on Thursday morning for an investigation into the Gyanvapi campus

Pushpa 2's new poster is fire, Allu Arjun shows swag, and the first half of the film is ready like this.

Some big films are going to be released in the last three months of the year 2024, which have cre

T20 World Cup 2026: 'He was angry... I apologized', big revelation by world champion captain Suryakumar Yadav

Indian cricket team captain Suryakumar Yadav admitted that dropping Axar Patel in the Super 8 mat

IPL 2025: Rishabh Pant, worth Rs 27 crore, could cross the 27-run mark only once this season, scoring just 135 runs in 11 innings

In IPL 2025, a match was played between Lucknow Super Giants and Sunrisers Hyderabad on Monday. I

Nagpur violence: Cyber ​​cell identified more than 140 objectionable online posts, and strict action will be taken.

Following the violence in Nagpur, the Maharashtra Cyber ​​Department has identified more than

SRH vs DC: After the second consecutive win, David Warner said a funny thing about Ishant Sharma, said- In the next match...

In the 34th match of the IPL, there was a clash between Sunrisers Hyderabad and Delhi Capitals. T

Delhi Pollution: Delhi is inhaling poisonous air with every breath, people are smoking 40 to 50 cigarettes daily even without drinking them.

Due to Delhi turning into a gas chamber, the air here has become dangerous for health. Due to thi

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