Larry Ellison Overtakes Elon Musk as World's Richest with $101B Surge
Larry Ellison surpasses Elon Musk as the world's richest person after a remarkable $101 billion surge in net worth. Ellison's wealth skyrocketed following a historic rally in Oracle's stock, with a 39% increase in share value driven by strong quarterly earnings and optimistic cloud infrastructure business outlook.
Ellison, the chairman and CTO of Oracle since 1977, now holds a stake worth $405 billion, overtaking Musk's $384 billion fortune. This significant shift in rankings highlights Ellison's central role in Oracle's resurgence and investor confidence in the company's future growth prospects.
Plus234Feed summary based on reporting from NairaMetrics. Read the original report below.
Read full article
Continue on NairaMetrics
Get the week in one email
Top stories, NPFL results, the naira — every Friday morning. Free, one email a week.
Related Stories
Larry Ellison Gains $70B in 1 Day, Nears Elon Musk's Title as Richest
Dangote Challenges Elon Musk for Richest Man Title as Ellison's Wealth Surges
Elon Musk's Net Worth Hits $500 Billion, Breaking World Record
Elon Musk Hits $500 Billion Net Worth; Dangote Joins Top Billionaires
American rapper, Jay-Z, crowned world’s richest musician
Oracle's CEO Safra Catz's Net Worth Hits $3.3B Amid Stock Surge
Get Plus234Feed on messaging apps
Same headlines, delivered where you already scroll.
