Global billionaire wealth surges to $13.3 trillion as tech stocks rally

The Bloomberg Billionaires Index reported that on a single trading day the world’s 500 richest individuals added $336 billion to their fortunes, pushing total net wealth to a record $13.3 trillion. Technology and space‑related firms drove the gains, with Elon Musk’s stake increasing by $164 billion to $1.27 trillion.

Capgemini’s 2026 World Wealth Report found the number of individuals holding at least $1 million in investable assets rose 7.9 percent to 25.3 million, and their combined financial power grew 8.6 percent to $98.3 trillion. The surge was powered by strong equity markets and heavy investment in artificial‑intelligence‑focused technologies, especially in the United States and the Asia‑Pacific region, while Europe lagged behind. The report also highlighted a shift in wealth‑management, with ultra‑high‑net‑worth clients increasingly demanding AI‑driven, digitally integrated services, and anticipates a massive inter‑generational transfer of assets over the next two decades.