Net worth increased by Rs 3 lakh crore?...

S Venkateshwari
Net worth increased by Rs 3 lakh crore?...

The US central bank on wednesday decided to increase its policy interest rates (US Fed Rate Hike 2022) by 75 basis points. Due to which there was a tremendous boom in the US stock market. Especially tesla Share Price saw an increase of more than 6 percent. amazon Share Price saw a rise of more than 5 percent. At the same time, the Alphabet Share Price of Google's parent company Alphabet Inc. saw an increase of more than 7%. Due to which there was a tremendous increase in the net worth of the promoters of these companies.

 

After the decision of the Fed, there was a good rally in the US stock market. The effect of which has also been seen in the net worth of the billionaires of the world. The net worth of the top 7 American billionaires has increased by Rs 3 lakh crore.

Elon Musk Net Worth has seen an increase of more than $ 11 billion. There are 7 Americans among the top 10 billionaires in the world, whose net worth has seen a total increase of $ 36.9 billion, or about Rs 3 lakh crore.

There was tremendous growth in these big stocks-

Name of the Company  - Increase in Shares (in %)

Tesla  - 6.17

Amazon  - 5.37

Microsoft  - 6.69

Oracle  - 2.49

Berkshire Hathaway - 1.74

Alphabet Inc. or google - 7.66

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Net worth increased by Rs 3 lakh crore?...

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