As a dedicated gamer, I’ve just leveled up big time! Who would have thought that my virtual score in the game of life got a massive boost? Turns out, a phenomenal surge in Oracle shares has catapulted me past Elon Musk to claim the title of the world’s richest man. It’s like hitting a grand slam in the ninth inning! Life sure knows how to keep things interesting.
On September 10, within a mere 40-minute span in the morning, Ellison’s net worth skyrocketed by an astonishing $101 billion, taking it up to a whopping $393 billion – marking the largest single-day increase in his wealth ever documented.
The Oracle chairman and CTO were persuaded sufficiently to surpass Elon Musk, who currently holds a net worth of approximately $385 billion.
In a simpler, more conversational style, one could say: When it comes to influential billionaires in tech, Elon Musk (the man behind Tesla, SpaceX, and the social media app X) continues to lead figures like Mark Zuckerberg of Meta and Jeff Bezos.
Among the tech titans like Mark Zuckerberg (Meta), Jeff Bezos, and Elon Musk (who runs Tesla, SpaceX, and an X-branded social media app), it’s still Elon Musk who takes the lead.
Elon Musk loses spot as world’s richest person
The unexpected surge in Oracle’s stock price can be attributed to its robust success in cloud services and growing interest in artificial intelligence. Moreover, Larry Ellison, being the largest shareholder, is also associated with this tech giant.
Larry Ellison, one of the co-founders of Oracle, established in 1977, has consistently been among the world’s wealthiest individuals. Recently, he has surpassed everyone to take the number one spot on Bloomberg’s Billionaires Index, temporarily dethroning Elon Musk as the world’s richest person.
Notable Update: Larry Ellison, known for his work with Oracle Corporation ($ORCL), has now overtaken Elon Musk as the wealthiest individual globally, surpassing the entrepreneur behind Tesla Inc. ($TSLA).
— unusual_whales (@unusual_whales) September 10, 2025
Oracle’s growth has been driven by its role as a significant provider of cloud infrastructure that caters to the immense computational requirements of artificial intelligence companies. In July, it announced a power supply agreement worth 4.5 gigawatts with OpenAI, the creators of ChatGPT, to support their growing AI initiatives.
The upheaval underscores the rapid pace at which wealth can change within the technology industry, as global wealth rankings are being transformed at an unprecedented rate due to surging stock market trends and increasing investor trust in artificial intelligence.
Let’s wait and observe whether Ellison maintains his position for a while, or if Musk will swiftly recover and reclaim his dominance once more.
On various occasions, Musk has found himself no longer holding the title of the world’s wealthiest individual. Initially, he claimed this distinction in 2021, but later that year, it was taken by Bernard Arnault, the CEO of LVMH. Then, Jeff Bezos, co-founder of Amazon, assumed the position in 2024, only for Musk to regain it at a later point.
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2025-09-10 19:23