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

WhatsApp to Introduce Instagram-Style Username Feature: 5 Major Benefits You Need to Know

WhatsApp is preparing to roll out one of its biggest privacy-focused updates yet. The Meta-owned

BRICS Summit 2024: What did Putin say about relations with PM Modi in BRICS, everyone burst out laughing

Prime Minister Narendra Modi on Tuesday held a meeting with Russian President Vladimir Putin duri

UN on Bharat Row: '...then we will consider the application', UN gave an important statement on India vs. India dispute

These days there is a controversy going on in India regarding changing the name of the country. P

Varisu Hindi OTT Release Date: Varisu will be released on OTT in Hindi on this day, know date and platform here

There is good news for Hindi fans who are fond of South films. If you are waiting to watch Tamil

WTC Final: Travis Head made many records with a century, and made the biggest partnership in the final of the ICC tournament

The final match of the 2021-23 cycle of the World Test Championship is being played at The Oval i

Vande Mataram: 'Millions of people chanted Vande Mataram, that's why we are here', key points from PM Modi's address

A discussion was held in Parliament to mark the 150th anniversary of Vande Mataram. Prime Ministe

Valarmathi: The sound of sending off Chandrayaan-3 fell silent, ISRO scientist died of a heart attack

There is bad news for the Indian Space Research Organization (ISRO) and the people of the country

Kuwait Fire: Bodies of 45 Indians brought from Kuwait to Kerala, Union Minister Suresh Gopi reached Kochi airport

The bodies of 45 Indians killed in the Kuwait fire have been brought to India. The bodies were br

Arunachal Pradesh: Home Minister Amit Shah's visit to China border will be special, know what will be the 'day-plan'

Union Home Minister Amit Shah will be on a tour of Arunachal Pradesh on Monday. During this, he w

5G Phones Launching This Week: 7,500mAh Battery, 144Hz AMOLED Display and More—Check Details

The Indian smartphone market is set for several exciting launches this week, with new 5G smartpho

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