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

Pawan Kalyan: The issue of Pawan Kalyan's Russian connection has cropped up in Andhra politics, former minister said, he is a Christian

Tirupati Devasthanam controversy is becoming a new weapon to settle old rivalries between the big

India's embarrassing defeat in Indore Test: Australia achieved the target of 76 runs in 76 minutes, won by 9 wickets

Australia defeated India by 9 wickets in the Indore Test on Thursday. India had given a target of

China agrees to help Pakistan, sanctioned a loan of $ 70 million; You can get money by next week

His evergreen friend China has come forward to help Pakistan, facing an economic crisis. He has a

Manipur Violence: Violence again in Manipur; Policeman killed, mob attacked security posts and looted weapons

The violence that has been going on for the last several months in Manipur does not seem to be cu

Delhi Police Crime Branch will investigate the Parliament scuffle case, FIR registered under 6 sections.

The investigation of BJP and Congress's complaint regarding the ruckus and scuffle in the Parliam

Vladimir Putin: Russia's statement came on the arrest warrant against Putin for war crimes, know what he said

On the International Criminal Court (ICC) arrest warrant against Russian President Vladimir Putin

Loksabha Election: PM on Maharashtra tour, tight security for roadshow in Mumbai; Election rally of BJP-Congress stalwarts

After the four phases of election campaigning have ended, the excitement for the last three phase

'PM Modi's promise will now be fulfilled...', what else did Home Minister Amit Shah say on GST 2.0?

The new GST tax slab has come into effect today, making many everyday items cheaper. Union Home M

Kuldeep Yadav Wedding: CM Yogi invited, when is the chinaman bowler's wedding and reception; where does the bride live?

Indian cricket team's star spinner Kuldeep Yadav is set to tie the knot soon. He will tie the kno

Rajasthan Elections 2023: Gehlot government stuck on petrol and diesel before voting! PM Modi made a big move today through Pali.

Rajasthan Elections 2023: PM Modi addressed an election rally in Pali regarding Rajasthan Assembl

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