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.

 

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

'Our Friendship with Iran': Jaishankar Says—No Special Deal to Evacuate Indian-Flagged Ships; It Is a Matter of Long-Standing Cooperation

The conflict raging in West Asia for the past 17 days has shaken the global oil market. A major i

Mumbai City FC : Star footballers will be seen in the Indian Super League, see the list of foreign players from 11 teams

With the 2022-23 season of the Indian Super League (ISL) coming to a close, the clubs have sealed

T20 World Cup: Indian team's concern increased before Super-8, explosive batsman suffered a hand injury, update came out

The world's number one T20 batsman Suryakumar Yadav got injured on Monday. He suffered a hand inj

LokSabha Election 2024: Possible meeting of INDI alliance in Delhi on June 1, TMC refuses to attend; These things will be discussed

The excitement regarding the Lok Sabha elections is at its peak across the country. On the o

'These stupid jokers want to compete with India...', Owaisi took a dig at Pakistan over the wrong picture

All India Majlis-e-Ittehadul Muslimeen (AIMIM) chief Asaduddin Owaisi has slammed the Pakistani a

SC to hear Krishna Janmabhoomi-Shahi Idgah dispute today, Shahi Masjid Idgah Management Trust Committee has filed a petition.

The Supreme Court will hear many important cases on Tuesday including the bulldozer campaign, Sri

Sonu Sood: Sonu Sood reached Punjab to help the flood-affected people. Users called him a real hero

Punjab is badly affected by floods these days. Many Bollywood celebs are coming forward to help t

The Kerala Story: Shabana Azmi supports 'The Kerala Story', lashes out at those demanding a ban

The Kerala Story: Controversy has reached its peak across the country regarding 'The Kerala Story

Fukrey 3 Song Out: The first song of 'Fukrey 3' released, will it be able to work the magic of 'Amber Sariya' and 'Karle Jugaad'?

Fukrey 3 Song Fukrey Ve Release: The comedy-drama film Fukrey franchise has been entertaining the

Smriti Irani Bill Gates: Bill Gates cooked Khichdi with Smriti Irani

Union Minister Smriti Irani has taught Microsoft co-founder Bill Gates how to temper Khichdi. He

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