World’s 500 richest add record $336 billion to wealth in one day

The world's 500 richest people added a record $336 billion to their collective wealth in a single trading session, pushing total billionaire net worth to $13.3 trillion. Elon Musk led the surge with his fortune rising over 10% to $1.27 trillion, driven by SpaceX's blockbuster public market debut and a 20% surge in its market value. The rally was underpinned by broad-based global market optimism, with the Dow hitting a record and Nasdaq 100 nearing highs, partly supported by an interim US-Iran deal to reopen the Strait of Hormuz.