Oracle's Larry Ellison Passes Elon Musk to Become World's Richest Person

What We're Showing

The net worth of Oracle cofounder and CTO, Larry Ellison. The data comes from Forbes' real time billionaire wealth tracker.

Key Takeaways

• Larry Ellison has become the world's richest person for the first time, surpassing Elon Musk.
• His fortune increased by over $100 billion, which is the biggest one-day increase ever recorded.
• Ellison's surge in wealth is directly linked to a significant jump in Oracle's stock, which soared 41% after the company reported better-than-expected quarterly results and provided a strong outlook for its cloud infrastructure business.