Elon Musk Dethrones Jeff Bezos As The Richest Man Last year, Elon Musk's net worth soared by more than $150 billion in possibly the fastest bout of wealth creation in history. By Nabeel A Khan NEW DELHI: International Tractors Limited is investing Rs 60 crore in capacity expansion at the Hoshiarpur plant in Punjab.With this investment the owner of Sonalika brand tractors will have an additional annual capacity of 50,000 units. Owner of consumer product company RSPL Group. The German-trained engineer returned to India in 1966 to join the family’s Eicher Tractors, founded by his father. To list a few: fuel, tires, preventative maintenance, road use taxes, tolls, fuel taxes, personal and/or corporate taxes, breakdown costs, personal insurance and more. Net worth: $2.15 billion. As chief executive of Space Exploration Technologies, or SpaceX, Mr Musk is also a rival to Mr Bezos, owner of Blue Origin, in the private space race. Rank: ... Chairman of tractor manufacturing firm Sonalika Group. The new facility will go operational in a few months taking the total annual production capacity of the company to 1.5 lakh units. On top of all that, installing a new tractor can cost over $100k! Page 1 of 1 A late jump in Tesla’s share price pushed Musk’s net worth up almost $9 billion to $167.3 billion, according to the Bloomberg Billionaires Index. Mittal created a business empire that operates in over 70 nations and he is the 52nd richest person in the world. There are several expenses that come with being an owner-operator. The information below refers to the asking price of over 60000 tractor sale attempts between August 2008 and August 2010. According to the latest Bloomberg Billionaire Index, Elon Musk has surpassed Bill Gates to emerge as the second richest man on the planet. Residence: Delhi, India. The figures shown here do not represent the sale price of the tractor models involved and should not be used to evaluate what your tractor is worth or what you should pay. Directors of International Tractors Limited Name He ran it for three decades until 1997, when he handed over reins to son Siddharth. Here's the list of the wealthiest people in the world. Understanding Owner-Operator Expenses. Browse our inventory of new and used NEW HOLLAND 1920 For Sale near you at TractorHouse.com. Mittal went on to become owner and Chairman of Sonalika Group which has become India's third-largest Tractor maker company. The milestone caps an extraordinary 12 months for Mr Musk. When Andra Rush started her trucking company, all she had was a beat-up van, a pair of used pickup trucks, and the naive certainty of a 23-year-old. The South Africa-born engineer’s net worth was $181.1bn on Wednesday, just shy of Mr Bezos, who has held the top spot since October 2017. 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