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

Delhi AQI Today: CM Kejriwal called a high-level meeting, and more restrictions increased; Know AQI of Delhi-NCR

People are in bad condition due to pollution in Delhi NCR. The government has also implemented th

Pakistan AQI: Schools closed, 3-day lockdown... 'Pollution bomb' exploded not only in Delhi but also in Lahore and Multan, AQI crossed 2000

Pakistan's Punjab province is suffering from air pollution these days. Given the ever-increasing

Mumbai Storm: Death toll due to hoarding collapse rises to 14, one in critical condition; 43 injured are undergoing treatment

The death toll from the collapse of a 100-foot-tall hoarding in Mumbai's Ghatkopar due to the st

Gadar 2: Director Anil Sharma's reaction on Seema Haider and Sachin's love beyond borders, said- The border should be removed

Gadar 2 Director Anil Sharma Talks About Seema Haider- Sachin Meena: Sunny Deol and Ameesha Patel

Karnataka Tension: Stone pelting during Shivaji Jayanti procession in Bagalkot, Karnataka; prohibitory orders imposed following tension

Stone-pelting occurred during a Shivaji Jayanti procession in Bagalkot, Karnataka. Following the

China: China wants to control Pakistan's media, shocking revelation in American report

A shocking revelation has been made in an American report. It has been claimed in this report tha

This new actor enters the Battle of Galwan, will he become an Indian Army officer like Salman Khan?

Earlier this month, superstar Salman Khan announced his upcoming much-talked-about film, Battle o

Holiday on Polling Day: ECI Announces—No Wage Cuts for Leave on Election Day in Five States; Who Will Benefit?

The Election Commission of India (ECI) made a significant announcement on Friday. The Commission

116 killed in earthquake in China: When high-rise buildings became piles of debris due to 6.1 magnitude tremors, see

Earthquake Today in China: So far 116 people have been confirmed dead in the earthquake that occu

Hera Pheri 3: Paresh Rawal gave a special message to fans after leaving 'Hera Pheri 3', the picture went viral

There is a lot of commotion in Bollywood these days regarding the film 'Hera Pheri 3'. While on t

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