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

Gautam Gambhir: How long will Rohit Sharma and Virat Kohli play for the Indian team? Gautam Gambhir gave a big hint while talking about fitness.

Gautam Gambhir appeared in front of the media for the first time after becoming the head coach of

Global South Summit: Mohammad Yunus participated at the invitation of PM Modi, The Prime Minister raised these issues in his address

Interim PM Mohammad Yunus has joined the third Global South Summit being held on August 17 under

Shreyas Iyer: 'He replied to my message...' Suryakumar Yadav shared information about Shreyas's health; revealed his condition.

Indian T20 captain Suryakumar Yadav has provided information on Shreyas Iyer's health. Ahead of t

Will a trade deal between India and the US happen soon? Trump has made a new offer regarding Venezuelan oil.

The US imposed tariffs on India last year for buying oil from Venezuela. Now, the US is once agai

OpenAI: Sam Altman will return to OpenAI; There will be changes in the company's board also, this was announced

After five days of high-voltage drama, OpenAI founder Sam Altman has announced his return to the

IND vs ENG 2nd Test: Team India's 'blast' at Edgbaston, England was blown away due to these 5 reasons

Under the captaincy of Shubman Gill, the Indian cricket team ended the 58-year drought at Edgbast

Will the Vaishno Devi Medical College be shut down? Controversy intensifies over giving seats to Muslims, and the BJP also comes out in support.

The Shri Mata Vaishno Devi Institute of Medical Excellence will be permanently closed even before

Rahul Gandhi: Rahul Gandhi was seen driving a sports bike on the streets of Ladakh, people said - found the hero of Dhoom 4

Rahul Gandhi/ Congress has already geared up for the 2024 Lok Sabha elections in Ladakh. Seeing t

Before Ranbir Kapoor, Salman Khan was going to play 'Lord Ram' in Ramayana, did the film slip out of his hands due to a mistake of his brother?

There is a buzz about the most anticipated movie of 2026, Ramayana. Ranbir Kapoor is playing the

India vs Bharat: In the Constituent Assembly, Kamalapati Tripathi told the meaning of 'India', mentioning from Ram-Krishna to Bapu

'India' vs 'Bharat' is being discussed the most in the country at present. First, 'President of I

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