According to the Bloomberg Billionaires Index, Tesla CEO Elon Musk's net worth has surpassed $400 billion, setting a new milestone for the world's richest person. Musk has added about $218 billion to his net worth since the start of 2024, more than any other member of the group. In another development, The U.S. dollar traded in a narrow range on Thursday after hitting a two-week high in the previous session, supported by a rise in U.S. Treasury yields even as market players bet the U.S. Federal Reserve will cut interest rates next week. Watch The World Report for the latest updates.