In a dramatic shift at the top of the global wealth rankings, Oracle co-founder Larry Ellison has surpassed Tesla and SpaceX chief Elon Musk to become the richest person in the world.
According to the latest figures, Ellison’s fortune has soared to $393 billion, marking a record gain of $101 billion in just the past few days. The surge places him ahead of Musk, whose net worth now stands at $385 billion, pushing him into second place.
The remarkable growth in Ellison’s wealth is directly tied to Oracle’s rising market value and its aggressive expansion into artificial intelligence. The company has made significant breakthroughs in the field, attracting investors and driving its stock to new heights.
This isn’t the first time Musk and Ellison have traded places in the wealth race. Over the years, both billionaires have vied closely for the top spot. But this latest leap gives Ellison a decisive edge and cements his place in history as the new leader of the global rich list.
