Read on the application
Bloomberg Billionaires Index: Tesla CEO Elon Musk’s fortune, the world’s richest man, saw a huge jump on Monday. Elon Musk’s wealth has increased by 11.3 billion dollars. He now has a net worth of $216 billion. The fortunes of 9 billionaires from the top-10 of the Bloomberg Billionaires Index increased by nearly $21 billion on Monday.
Gautam Adani’s wealth also increased by $2.14 billion and he jumped two places to the 18th position on the rich list. He now has a net worth of $65.9 billion. On the other hand, Mukesh Ambani’s wealth has decreased by $1.84 billion. He now has a net worth of $94.6 billion. However, Ambani is currently at the 11th position.
Why increased wealth: The Dow Jones, the main index of the US stock market, closed slightly lower on Monday. While the Nasdaq rose 1.56 percent. The S&P also closed in the green. Due to this, the shares of Elon Musk’s company Tesla also closed with a jump of 7.33 percent at $231.28. This saw Musk’s net worth skyrocket.
Also read: Shares of Adani group companies rose, seeing a power of 10 on these four news
Adani shares rise and wealth rises: On the other hand, Indian stock markets were buoyant and shares of all 10 listed companies of the Adani Group closed with big gains on Monday. This had an impact on Adani’s net worth. Meanwhile, shares of Mukesh Ambani’s Reliance Industries and its spin-off Jio Financial Services fell. Due to this, Ambani’s wealth has decreased.