Larry Ellison Surpasses Elon Musk as World’s Richest

Oracle co-founder Larry Ellison became the world’s richest person after Oracle shares surged 40% in early trading.
Ellison’s 41% stake is now valued at $393bn, slightly above Elon Musk’s $384bn, Bloomberg reports.
The rise marks Oracle’s largest single-day increase and the biggest one-day wealth gain on Bloomberg’s index.
Ellison, 81, also holds Tesla shares, a sailing team, the Indian Wells Open, and a Hawaiian island.
He has a close relationship with Musk, serving on Tesla’s board and investing $1bn in Twitter.
Musk frequently visits Ellison’s Hawaiian island, Lanai, highlighting their long-standing personal and professional ties.
Both Ellison and Musk have connections to Donald Trump, though Musk’s relationship has soured this year.
Oracle’s growth is driven by rising demand for cloud services supporting AI firms like OpenAI.
Musk first became the richest person in 2021, lost the title, regained it last year, and now Ellison leads.