Larry Ellison Surpasses Elon Musk as World’s Richest Person
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Key Facts:
- Oracle co-founder Larry Ellison’s net worth surges to $393B, per Bloomberg
- Gains come after Oracle stock jumps more than 30% following blockbuster earnings
- Elon Musk slips after Tesla shares fall 14% year-to-date
- Bloomberg ranks Musk at $385B; Forbes still lists him higher at $439B
- Shift fueled by massive AI-driven contracts boosting Oracle’s valuation
Larry Ellison has overtaken Elon Musk to become the world’s richest person, according to Bloomberg’s Billionaires Index. The 81-year-old Oracle co-founder saw his net worth soar to $393 billion Wednesday after Oracle stock skyrocketed more than a third in early trading on the heels of multibillion-dollar AI-related orders.
Musk, who held the top spot for four years, now trails with a Bloomberg-estimated fortune of $385 billion. Tesla shares have struggled in 2025, falling 14% so far, dragging down the value of Musk’s holdings. Forbes, however, continues to place Musk ahead at $439 billion, citing different valuations of his private ventures like SpaceX.
The wealth reshuffle underscores the growing influence of AI on global markets. Oracle’s stunning surge not only elevated Ellison past Musk but also solidified the software giant’s role in powering enterprise AI adoption. Analysts note that Ellison’s fortune now exceeds the annual income of millions of households combined — a reminder of just how concentrated global wealth has become.
