{"id":609874,"date":"2023-02-20T00:51:31","date_gmt":"2023-02-20T06:51:31","guid":{"rendered":"https:\/\/news.sellorbuyhomefast.com\/index.php\/2023\/02\/20\/who-got-rich-this-week-the-airbnb-founders-two-luxury-goods-tycoons-and-elon-musk\/"},"modified":"2023-02-20T00:51:31","modified_gmt":"2023-02-20T06:51:31","slug":"who-got-rich-this-week-the-airbnb-founders-two-luxury-goods-tycoons-and-elon-musk","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2023\/02\/20\/who-got-rich-this-week-the-airbnb-founders-two-luxury-goods-tycoons-and-elon-musk\/","title":{"rendered":"Who Got Rich This Week: The Airbnb Founders, Two Luxury Goods Tycoons And Elon Musk"},"content":{"rendered":"
\n

The number one and two richest people in the world were big dollar gainers this week but percentage wise others did even better. <\/strong><\/h3>\n
\n

S<\/abbr>tronger-than-expected earnings reports and a demand for luxury goods bumped up the fortunes of several lucky billionaires this week. Higher-than-expected quarterly revenue figures reported by Airbnb led to its biggest one-day stock pop since its IPO in December 2020, boosting the fortune of cofounder and CEO Brian Chesky by more than 20%. Meanwhile, major announcements and strong earnings reports by luxury fashion houses boosted the fortunes of both the richest man in the world, Bernard Arnault, and his frequent rival, luxury group Kering founder, Fran\u00e7ois Pinault. Speaking of rivals, Tesla\u2019s Elon Musk moved closer to retaking the title of world\u2019s richest person from Arnault, closing the gap to less than $17 billion, after a strong week.<\/p>\n

One person who didn\u2019t fare so well was Gautam Adani of India. Ranked No. 3 richest in the world earlier this year, his fortune fell by another $6.9 billion this week. That\u2019s on top of more than $60 billion <\/a>since late January. Adani now ranks No. 24 on Forbes\u2019 list of Real-Time Billionaires<\/a>, with a fortune of $51.1 billion.<\/p>\n

Here are six of the week\u2019s biggest gainers, whose fortunes increased a combined $20 billion in the past week. <\/strong><\/h4>\n

The net worth change is from close of markets Friday, February 10 through Friday, February 17.<\/p>\n

\n

Bryan Chesky <\/strong><\/h2>\n

Net Worth: $10.3 bil<\/strong> Up: $1.8 bil, +21%<\/strong><\/h4>\n

Nathan Blecharczyk<\/strong><\/h2>\n

Net Worth: $8.9 bil<\/strong> Up: $1.5 bil, +20%<\/strong><\/h4>\n

The Airbnb cofounders saw a significant uptick in their fortunes this past week after the short-term rental company reported better-than-expected fourth-quarter earnings on Tuesday. Shares of the company were up nearly 21% as of Friday, lifting Chesky\u2019s net worth by $1.8 billion and Blecharczyk\u2019s by $1.5 billion. The company has benefited from a post-pandemic travel rebound, reporting record global listings of 6.6 million for 2022. \u201cWe\u2019re one of the few tech companies that isn\u2019t doing layoffs, we\u2019re not cutting, we\u2019re not freezing, we\u2019re actually stepping on the gas,\u201d Chesky said in the company\u2019s earnings call on Tuesday.<\/p>\n

<\/fbs-ad><\/p>\n

\n

Jeff T. Green<\/strong><\/h2>\n

Net Worth: $3.5 bil<\/strong> Up: $600 mil, +20%<\/strong><\/h4>\n

Shares of digital ad platform company The Trade Desk surged by almost 24% this week after the company announced on Wednesday slightly better than expected fourth quarter and full year 2022 results as well as a $700 million share buyback program. Thanks to that jump, its billionaire cofounder and CEO Green is $600 million richer as of Friday afternoon.<\/p>\n

\n

Net Worth: $198.2 bil<\/strong> Up: $9.6 bil, +5%<\/strong><\/h4>\n

One of America\u2019s most eligible billionaires<\/a>, Elon Musk gained nearly $10 billion this week. Even with a Tesla recall of 360,000 cars announced on Thursday<\/a>, the company\u2019s stock still ended up 7% this week. Tesla\u2019s stock has been rising weekly since the start of 2023, steadily boosting Musk\u2019s wealth and pushing the No. 2 richest man in the world closer to No. 1 Bernard Arnault, who is now just $16.7 billion ahead.<\/p>\n

\n

Fran\u00e7ois Pinault<\/strong><\/h2>\n

Net Worth: $40.7 bil<\/strong> Up: $1.7 bil, +4.4%<\/strong><\/h4>\n

Pinault\u2019s luxury goods group Kering reported fourth-quarter and full-year results on Wednesday. Even with a drop in sales from its Gucci brand in the fourth quarter and turmoil surrounding Balenciaga (which drew criticism in December for images of children that some critics said were inappropriate), the company\u2019s shares jumped on the news. Pinault, the 86-year-old founder of luxury group Kering, saw a 4.4% increase in his wealth. Shares of Kering are up 22% since the start of the year amid increased demand for luxury goods.<\/p>\n

\n

Bernard Arnault<\/strong><\/h2>\n

Net Worth:<\/span> $214.9 bil<\/strong> <\/span>Up: $5.4 bil, +2.6%<\/strong><\/h4>\n

The world\u2019s richest person got 2.6% richer this past week. Shares of his luxury goods conglomerate LVMH rose just over 2.2% after it announced that Pharrell Williams would become the new Louis Vuitton men\u2019s creative director. Virgil Abloh, the brand\u2019s first Black artistic director, held the position until he passed away in November 2021. LVMH announced record 2022 results earlier this year and Arnault, who has said he hopes to keep the business in-family, appointed his daughter Delphine as the new head of the Dior brand in January. A month earlier, the luxury magnate named his son Antoine the CEO of Christian Dior SE, the holding company through which the Arnaults control LVMH.<\/p>\n

MORE FROM FORBES<\/strong><\/h4>\n

MORE FROM FORBES<\/span>This Billionaire Is A Donor Behind The Jesus-Focused Super Bowl Ads<\/span>By Forbes Wealth Team<\/span><\/small><\/span><\/span><\/span><\/a>MORE FROM FORBES<\/span>Russian Oligarch Oleg Deripaska May Have Probed Vladimir Potanin Using Ex-FBI Agent Who Was Thorn In Trump’s Side<\/span>By Giacomo Tognini<\/span><\/small><\/span><\/span><\/span><\/a>MORE FROM FORBES<\/span>Exclusive: Sam Bankman-Fried Recalls His Hellish Week In A Caribbean Prison<\/span>By Steven Ehrlich<\/span><\/small><\/span><\/span><\/span><\/a>MORE FROM FORBES<\/span>Who Is Gautam Adani, The Indian Billionaire That Short Seller Hindenburg Says Is Running A ‘Corporate Con’?<\/span>By Forbes Wealth Team<\/span><\/small><\/span><\/span><\/span><\/a>MORE FROM FORBES<\/span>Six Numbers That Defined Crypto’s Dismal 2022<\/span>By Steven Ehrlich<\/span><\/small><\/span><\/span><\/span><\/a><\/p>\n<\/div>\n

Read More<\/a>
\n Gigi Zamora<\/p>\n","protected":false},"excerpt":{"rendered":"

The number one and two richest people in the world were big dollar gainers this week but percentage wise others did even better. Stronger-than-expected earnings reports and a demand for luxury goods bumped up the fortunes of several lucky billionaires this week. Higher-than-expected quarterly revenue figures reported by Airbnb led to its biggest one-day stock<\/p>\n","protected":false},"author":1,"featured_media":609875,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3530,1020],"tags":[],"class_list":{"0":"post-609874","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-airbnb","8":"category-founders"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/609874","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=609874"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/609874\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/609875"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=609874"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=609874"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=609874"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}