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Larry Ellison Overtakes Elon Musk as World’s Richest Person Oracle Founder’s Wealth Surges to $393 Billion After Record Stock Rally New York, USA – September 2025: Oracle Corporation’s legendary co-founder Larry Ellison, aged 81, has officially become the world’s richest person with a net worth of $393 billion. This historic milestone comes after Oracle’s shares skyrocketed by 38.5% in a single day, adding $10.1 billion to Ellison’s fortune overnight. Ellison Surpasses Elon Musk The surge propelled Ellison ahead of Elon Musk, the billionaire entrepreneur behind Tesla and X (formerly Twitter). Musk’s wealth currently stands at $385 billion, placing him second on the global rich list. The two have long battled for dominance at the top, but this dramatic shift highlights the growing strength of the enterprise software market compared to electric vehicles and social media. The Rise of Oracle Founded in 1977, Oracle has grown into one of the most powerful IT and cloud solutions providers in the world. Ellison, who listed the company on the NASDAQ Stock Exchange in 1983, has guided it through decades of innovation in databases, cloud infrastructure, and artificial intelligence. The recent rally reflects investor confidence in Oracle’s cloud expansion and enterprise adoption. A Life of Vision and Innovation Born in New York City, Ellison studied Computer Science at the University of Chicago before beginning his career at Ampex Corporation in 1970. Just seven years later, he co-founded Oracle, turning it into a company that would redefine how data is stored and managed globally. A Historic Moment in Wealth Rankings With this latest surge, Ellison has made history as the richest person alive, proving that the tech revolution continues to reward visionaries who shape the digital future.

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Larry Ellison Overtakes Elon Musk as World’s Richest Person Oracle Founder’s Wealth Surges to $393 Billion After Record Stock Rally New York, USA – September 2025: Oracle Corporation’s legendary co-founder Larry Ellison, aged 81, has officially become the world’s richest person with a net worth of $393 billion. This historic milestone comes after Oracle’s shares skyrocketed by 38.5% in a single day, adding $10.1 billion to Ellison’s fortune overnight. Ellison Surpasses Elon Musk The surge propelled Ellison ahead of Elon Musk, the billionaire entrepreneur behind Tesla and X (formerly Twitter). Musk’s wealth currently stands at $385 billion, placing him second on the global rich list. The two have long battled for dominance at the top, but this dramatic shift highlights the growing strength of the enterprise software market compared to electric vehicles and social media. The Rise of Oracle Founded in 1977, Oracle has grown into one of the most powerful IT and cloud solutions providers in the world. Ellison, who listed the company on the NASDAQ Stock Exchange in 1983, has guided it through decades of innovation in databases, cloud infrastructure, and artificial intelligence. The recent rally reflects investor confidence in Oracle’s cloud expansion and enterprise adoption. A Life of Vision and Innovation Born in New York City, Ellison studied Computer Science at the University of Chicago before beginning his career at Ampex Corporation in 1970. Just seven years later, he co-founded Oracle, turning it into a company that would redefine how data is stored and managed globally. A Historic Moment in Wealth Rankings With this latest surge, Ellison has made history as the richest person alive, proving that the tech revolution continues to reward visionaries who shape the digital future.

🔼 Crypto Market Breaks $4 Trillion The crypto market capitalization has returned to the $4 trillion level after Bitcoin broke $116K yesterday. Also, over the past 24 hours, more than $500 million was liquidated, with the majority coming from short positions. Meanwhile, the S&P 500 index closed the week at a new ATH around $6600, as markets prepare for Fed rate cuts.  📉 Morgan Stanley now expects 4 consecutive rate cuts in 2025. 📊 ETF report: On 12.09, $642 million was invested in the Bitcoin ETF, while the Ethereum ETF received a $405 million capital inflow. 🇺🇸 Elon Musk warned that the US faces a potential financial collapse due to a $37 trillion debt if artificial intelligence and robotics are not used to solve the crisis. Musk is, as always, on his own wavelength.