Technology9/12/2025Bloomberg

How Larry Ellison (Briefly) Became the World’s Richest Person

How Larry Ellison (Briefly) Became the World’s Richest Person

Oracle CEO Larry Ellison briefly overtook Elon Musk as the world's wealthiest person this week. This came after a surge in Oracle's share price following the company's report of a significant increase in bookings. Ellison's net worth reached an estimated $115 billion, surpassing Musk's $114 billion. However, this was a temporary position, as Musk's net worth later rebounded, reclaiming the top spot. The fluctuations in the wealth rankings highlight the volatility and dynamic nature of the global wealth landscape, where the fortunes of the ultra-wealthy can change rapidly based on factors such as stock market performance and business developments.

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