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Larry Ellison Could Now Overtake Elon Musk and Rise to the Richest Person in the World

  • Larry Ellison became the world's richest person on Wednesday following a surge in Oracle's stock price in New York trading.
  • Ellison's rise was driven by a blockbuster Oracle earnings report powered by multibillion-dollar AI-related customer orders amid a global cloud race.
  • Oracle's shares jumped 41 percent on the day and have gained 45 percent this year, while Tesla shares declined about 14 percent over the same period.
  • Bloomberg estimated Ellison's net worth at $393 billion, surpassing Musk's $385 billion partly due to different valuations of Musk's private holdings like SpaceX.
  • Ellison's fortune increase ended Musk's nearly year-long run as richest person, though Musk may become the first trillionaire if he meets ambitious targets in a $1 trillion Tesla deal.
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Russian fighter jets and sailboats worth billions. The world's richest man has not been very well-known publicly until now, but has played a huge role in the tech industry for decades. And he likes to tackle tough.

·Aarhus, Denmark
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The long-time head of the US tech company Oracle was the richest man in the world yesterday. Because he knows how to use the AI hype for himself as hardly a second.

·Germany
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On September 10, Larry Ellison surpassed Elon Musk at the top of the world's fortunes before giving up again first place. Co-founder of Oracle, he owes his flight to the contracts concluded with OpenAI. Portrait of a heavy weight of Silicon Valley.

Center

On September 10, 2025, Larry Ellison, founder and president of Oracle, first reached the top of the Bloomberg Billionaires Index, momentarily surpassing Elon Musk with an estimated fortune of $393 billion. The historic leap came after a record rise in the value of Oracle’s shares, driven by the growing demand for cloud infrastructure services linked to artificial intelligence. Although Musk regained first place in a few hours, Ellison’s brief re…

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Zero Hedge broke the news in United States on Tuesday, September 9, 2025.
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