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

Israel-Hamas War: Elon Musk extends helping hand, X's ad revenue will be donated to hospitals in Israel and Gaza

Thousands of people have lost their lives so far due to the ongoing war between Israel and Hamas

Maharashtra: Salman Khan again received a threat, the demand of Rs 2 crore was also made, Mumbai Police filed FIR

Bollywood actor Salman Khan has once again received a death threat. This time the person threaten

Russia-Ukraine war: Ukrainian MP praises PM Modi, appreciated Indian stance on war

Ukraine MP Vadim Halaichuk has praised PM Modi. He said that we are grateful for Indian PM Narend

Disha Patani Photos: Disha Patani pulled the black skirt down from her waist. Users got angry after seeing the photo, said- Then this sadhu...

Disha Patani is a famous actress of Hindi cinema. More than her film career, Disha remains in the

PBKS vs SRH: The game changed every moment, with high-voltage drama in the last over, Hyderabad won, but Ashutosh Sharma won hearts.

PBKS vs SRH IPL 2024: Chasing the target of 183 runs, the Punjab Kings team could score only 154

Impact of Russia-Ukraine war on India: Air Force said – Russia will not be able to fulfill the promise of arms supply, know

The Russia-Ukraine war is affecting the whole world. India has also been affected. According to a

PM Modi: PM Modi expressed concern over reports of the Russian President's residence being targeted and said this...

Prime Minister Narendra Modi has expressed concern over reports of an attack on the Russian Presi

Smriti Mandhana's father discharged from hospital, no update on her wedding with Palash Muchhal

Indian women's cricket team star Smriti Mandhana's father, Srinivas Mandhana, has been discharged

2024 Election: No opposition unity on 40 seats of Bihar; The constituents of Indie Alliance will keep watching, only the grand alliance remains.

In Bihar, the effort of opposition unity started against Prime Minister Narendra Modi in May-June

PM Modi MP Visit: 'After forming the government, we punctured the wheels of the machine of corruption', PM Modi attacks Congress from the stage in Damoh

PM Modi's massive rallies continue in the election state Madhya Pradesh. The Prime Minister has r

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