US EditionLarry Ellison Could Now Overtake Elon Musk and Rise to the Richest Person in the World
Larry Ellison's net worth surged by $101 billion after Oracle's stock rose over 40%, driven by AI cloud infrastructure demand and multibillion-dollar contracts, surpassing Elon Musk's $384 billion.
- Larry Ellison has surpassed Elon Musk to become the world's richest person, with a net worth of $393 billion according to Bloomberg.
- Oracle's stock surged over 34% due to strong earnings, significantly boosting Ellison's wealth.
- Ellison's net worth increased by over $90 billion from his stake in Oracle, following a strong earnings report and anticipated revenue growth fueled by AI.
- Musk, the previous richest person, saw a drop in his net worth due to Tesla's stock decreasing by 14% this year, while Ellison's Oracle is thriving amidst AI excitement.
299 Articles
299 Articles
Elon Musk just lost his title as world's richest person
Elon Musk has lost his title of "world's richest person" to Oracle co-founder Larry Ellison.Ellison's wealth jumped by $US101 billion ($152 billion) to $US393 billion ($594 billion) after Oracle's stunningly strong earnings report this week, surpassing Musk's net worth of $US385 billion, according to Bloomberg.Oracle (ORCL) reported surging demand for its data centre capacity from AI customers, launching the stock into the stratosphere. Shares g…
Elon Musk is no longer the world's richest person. After the biggest increase ever recorded in the Bloomberg Billionaires Index, he finds himself overtaken by Oracle founder Larry Ellison.
Who Is Larry Ellison, the Man Who Unpacks Elon Musk as the Richest in the World: This Is His Fortune
On Wednesday, September 10, 2025, Larry Ellison derailed Elon Musk as the richest man in the world, according to Bloomberg ranking. The news surprised everyone, as El
Elon Musk lost the title of “the richest man in the world”, after having the founder of Oracle, Larry Ellison, delivered an explosive increase following spectacular financial results from the company, writes CNN....
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