Elon Musk's $336 Billion Windfall: World's 500 Richest Witness Record Wealth Gain

At the close of trading in New York on June 15, the 500 richest people in the world recorded their biggest haul ever in a single day. | World News

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The world's 500 wealthiest people witnessed their richest day ever on Monday, adding a record $336 billion to their fortunes.

Their fortunes were fuelled by a global market rally, triggered by optimism following the deal between United States and Iran to end the war.

At the close of trading in New York on June 15, the 500 richest people in the world recorded their biggest haul ever in a single day, bringing their collective net worth to a record $13.3 trillion, according to Bloomberg Billionaires Index.

Elon Musk, owner of Space X and the world's first trillionaire, led the record wealth surge on Monday, adding $164 billion to his net worth.

Musk extended his lead over others with his net worth rising more than 10% to $1.27 trillion.

This came a week after Musk's Space Exploration Technologies Corp. made a blockbuster debut as a public company.

Upon the debut, Elon Musk's rocket company instantly became one of the highest-valued in the US, with a market capitalisation of $2.1 trillion.