Oracle’s Larry Ellison Briefly Surpasses Elon Musk as World’s Richest Person
September 12, 2025 – In a dramatic turn of events, Oracle co-founder Larry Ellison briefly overtook Tesla CEO Elon Musk to become the world’s richest person, according to the Bloomberg Billionaires Index.
Ellison’s net worth surged by an astonishing US$100–101 billion in a single day, bringing his fortune to approximately US$393 billion. The massive leap came after Oracle’s stock skyrocketed on the back of strong quarterly earnings and the announcement of major AI and cloud computing contracts.
Meanwhile, Musk—whose wealth is largely tied to Tesla, SpaceX, and other ventures—saw his fortune decline to around US$385 billion, briefly pushing him to second place.
A Short-Lived Record
The wealth reshuffle didn’t last long. By the end of the trading session, Musk reclaimed the No. 1 spot as market adjustments moderated Ellison’s gains. Still, the rare moment highlighted Ellison’s rising influence in the tech and AI-driven economy.
Oracle’s AI Boom
Oracle’s better-than-expected results reflected its aggressive expansion into artificial intelligence infrastructure and cloud services. With increasing global demand for AI computing power, Oracle has been securing strategic contracts with enterprises and governments, boosting investor confidence.
Billionaire Wealth Race
The billionaire rankings have become a closely watched indicator of tech industry shifts. While Musk and Amazon’s Jeff Bezos have long dominated the top positions, Ellison’s surge underscores how the AI boom is creating new wealth dynamics among technology titans.
What’s Next?
With Oracle gaining momentum in AI and cloud services, analysts believe Ellison could continue challenging Musk and Bezos for the top spot in the months ahead. However, the volatility of tech stocks means the title of “world’s richest person” may continue to swing between these giants.
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