Move over, Elon â there's a new richest person on the planet! đ
Larry Ellison, co-founder of tech giant Oracle, just became the worldâs wealthiest individual with a staggering $393 billion net worth, surpassing Elon Muskâs $385 billion. đ
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đ„ How It Happened:
đ At exactly 10:10 a.m. yesterday, Oracle dropped an earnings bomb đŁ â blowing past all analyst predictions and sending its stock soaring by 41% in a single day â the biggest surge in Oracleâs history.
đ” Larry gained $101 BILLION IN ONE DAY â the largest single-day wealth jump ever recorded. đ
đ Meanwhile, Tesla is down 13% this year â leaving Elon in second place (for now).
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đ Larryâs Rise to the Top:
· Co-founded Oracle in 1977 đ„ïž
· Stepped down as CEO in 2014 but remains Executive Chairman & CTO
· Owns 42.9% of Oracle â the core of his fortune
· Also invested in Tesla, Salesforce, NetSuite, and even bought 98% of a Hawaiian island đïž
· From $28B in 2010 to $393B today â a legendary climb đ
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đ Whatâs Next?
Elonâs board is still dangling a historic pay package that could make him the worldâs first trillionaire⊠but for now, the throne belongs to Larry. đ
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