๐ฅ๐ธ Larry Ellison Overtakes #ElonMusk as World's Richest Person ๐๐ฐ
Larry Ellison, co-founder of Oracle, has surged past Elon Musk to become the worldโs richest person. With a $101 billion increase in a single day, Ellisonโs net worth now stands at $393 billion, marking the largest one-day wealth leap in the Bloomberg Billionaires Index. ๐
The record-breaking surge followed Oracleโs earnings report, which exceeded expectations, driving the companyโs stock price up by 41% in one day. ๐ For Ellison, most of his fortune is tied to Oracle shares, making the gain directly impact his wealth.
Meanwhile, Musk's fortune has dipped to $385 billion after Tesla's 13% drop in stock value in 2025. This has ended Muskโs year-long reign as the wealthiest person. Despite the setback, Musk remains a strong contender for the top spot with Tesla's new performance-based bonuses possibly making him the worldโs first trillionaire. ๐ธ๐
Ellisonโs climb reflects Oracleโs rising influence in the cloud computing market, increasingly challenging giants like Amazon Web Services and Microsoft Azure. ๐ฅ๏ธ๐ก At 81, Ellison continues to lead Oracle as Chairman & CTO, with his fortune deeply linked to its growth.
The $101 billion leap not only highlights the tech sectorโs growth but also showcases Ellisonโs enduring influence in Silicon Valley. ๐
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