Oracle co-founder Larry Ellison overtakes Elon Musk as world’s richest man

[NigerianEye - Nigeria] - 10/09/2025
Larry Ellison, co-founder of Oracle, has overtaken Elon Musk as the world’s richest person after a surge in the software giant’s stock. According to the Bloomberg Billionaires Index, Ellison’s wealth rose to $393 billion (£290bn) on Wednesday morning, surpassing Musk’s $385 billion (£284bn). Shares of Oracle reportedly soared by more than 40 percent after the company issued an unexpectedly strong outlook for its cloud infrastructure business and artificial intelligence (AI) deals. Ellison, 80, has built his fortune over five decades, with his net worth largely tied to Oracle’s performance. (…)
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