Subject: Larry Ellison - World's Richest Man

Elon Musk just lost his title as world’s richest person

New York
—
Elon Musk has lost his title of “world’s richest person” title to Oracle cofounder Larry Ellison.

Ellison’s wealth jumped by $101 billion to $393 billion after Oracle’s stunningly strong earnings report Tuesday evening, surpassing Musk’s net worth of $385 billion, according to Bloomberg.

Oracle (ORCL) reported surging demand for its data center capacity from AI customers, launching the stock into the stratosphere. Shares are 41% higher Wednesday, on pace for the stock’s biggest single-day gain since 1992.

CEO Safra Catz announced Tuesday after the stock market closed that Oracle signed four multibillion-dollar contracts with customers during the quarter, and she expects to sign several more in the coming months.

I'm very surprised. I had no idea Ellison was this rich!

https://www.cnn.com/2025/09/10...