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Larry Ellison became the world's richest person, ousting Elon Musk from the top spot

By Safe Investment September 15, 2025

Larry Ellison became the world's richest person, ousting Elon Musk from the top spot

81-year-old Larry Ellison is the chairman and chief technology officer of Oracle. He is also the co-founder of Oracle. The basis of his wealth is the shares of his software company. This year, Oracle's shares have risen by 45 percent. On September 10, the shares rose by about 40 percent.

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Larry Ellison has become the richest person in the world. He has ousted Elon Musk from the number one position. Musk had the title of the richest person in the world for a long time. Oracle's shares rose after the US stock market opened. This increased Ellison's wealth by $ 101 billion. 81-year-old Ellison is Oracle's chairman and chief technology officer. He is also Oracle's co-founder.

Oracle's shares jumped 40 percent in a day

Oracle's quarterly results have been better than expected. The company has also predicted good growth in the future. This affected Oracle's shares on September 10. Oracle's shares rose by about 40 percent on September 10. This increased Larry Ellison's wealth to $ 393 billion. This is more than Elon Musk's wealth of $ 385 billion. This information is based on the Bloomberg Billionaires Index. Never before had Oracle's shares risen so much in a day.

Musk was the richest person for more than 300 days

Musk is the CEO of Tesla, the world's largest electric car manufacturing company. He became the world's richest person for the first time in 2021. However, after some time Amazon.com's Jeff Bezos and then LVMH's Bernard Arnault became the world's richest person. Musk regained the crown of the world's richest person last year. He remained the richest person in the world for more than 300 days.

Oracle's shares have risen 45 percent this year

The basis of Ellison's wealth is the shares of his software company. Ellison's wealth increases when the company's shares rise. Oracle's shares have risen 45 percent this year. On September 10, the shares rose by about 40 percent. On the other hand, this year has not been good for Tesla's shares. Tesla's share price has fallen by 13 percent in 2025. However, the company's board has announced a big salary package for Musk. If Musk completes big targets for the company, he can become the world's first trillionaire.

40 percent stake in Oracle

 

Ellison has a 40 percent stake in Oracle. After the unexpected jump on September 10, Oracle's valuation reached $ 958 billion. Ellison also has a stake in Tesla, which is Musk's company. He also has a selling team and an island in Hawaii. Apart from this, he is also the owner of the Indian Wells Open Tennis Tournament. Ellison has been a member of the board of Tesla from 2018 to 2022.

Wealth increased by 100 billion dollars in one day

On September 10, due to the tremendous rise in Oracle's shares, Ellison's wealth increased by 100 billion dollars in one day. When the stock market closed on September 9, Ellison's wealth was 293 billion dollars. If the rise in Oracle's shares continues, Ellison's wealth can cross 400 billion dollars. He will become the second person in the world to have such a high wealth. Earlier in December, Musk's wealth had crossed this level.

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