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

Kunal Kamra: 'BookMyShow removed Kunal Kamra's name from the list of artists', Shiv Sena made a big claim; expressed gratitude

Shiv Sena is continuously attacking stand-up comedian Kunal Kamra. Angered by the 'traitor' state

AI Summit Case: All three accused sent on transit remand, to appear in Delhi court; drama ensues

The court of the Additional Chief Judicial Magistrate (ACJM-II) in Shimla has remanded three accu

Who was the 17-year-old Pakistani TikToker Sana Yousaf who was shot dead? She had made her last post 22 hours ago.

Sana Yousaf, who was entertaining fans by continuously sharing reels and videos on social media t

Donald Trump 2.0: Trump's rapid decisions as soon as he became President; Know which executive orders he signed

US President Donald Trump signed several executive orders on Monday, the very first day of taking

Holi 2026: Eclipse on the date, Bhadra posing an obstacle, a day's gap between worship and the festival of colours, find out when the festival will be celebrated.

Like every festival, there is confusion regarding the date of Holi this year. This year, Holi is

Nepal Gen Z Protest: 'Rewrite the constitution, investigate three decades of plunder', demand of protesters in Nepal

The government led by Prime Minister KP Sharma has had to admit defeat in front of Nepal's Genera

R Praggnanandhaa Tops St. Louis Rapid With 12 Points; 18 Blitz Games to Decide the Champion

Indian Grandmaster R Praggnanandhaa finished at the top of the Rapid standings at the St. Louis R

T20 World Cup: These two great players praised Jaspreet Bumrah, told the reason behind his success, know

Indian fast bowler Jasprit Bumrah is in great form and was awarded the Player of the Match award

Elvish Yadav: Relief for Elvish Yadav from the Supreme Court; issues this order in the snake venom case.

YouTuber and Bigg Boss OTT winner Elvish Yadav has received significant relief from the Supreme C

AI Fact-Check: Is All Information Provided by AI True? Discover 6 Effective Ways to Fact-Check AI.

Artificial Intelligence has rapidly become an essential part of modern life. From research and co

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