AI-Summary – News For Tomorrow
On September 10, 2025, Oracle’s strong quarterly results briefly propelled Larry Ellison past Elon Musk to become the world’s richest person. Ellison’s net worth surged to $393 billion. Musk had held the top spot for almost a year, after reclaiming it from Jeff Bezos and Bernard Arnault. Ellison’s wealth is primarily tied to Oracle, the company he co-founded. He had previously surpassed Bezos and Zuckerberg to become the second richest man in July. Forbes currently estimates Musk’s net worth at $439.4 billion and Ellison’s at $401.1 billion.
News summary provided by Gemini AI.
Updated on: Sept 10, 2025 10:15 pm IST
Larry Ellison briefly surpassed Elon Musk as the world’s richest person, with a net worth of $393 billion following Oracle’s impressive quarterly results.
In a first, Larry Ellison briefly surpassed Elon Musk as the richest person in the world, ending Space X CEO’s almost year-long dominance.
Oracle’s Larry Ellison and Tesla’s Elon Musk.(HT)
As of 10:10 a.m. New York time, Ellison’s wealth ballooned to $101 billion following Oracle Corp.’s release of quarterly results.
Musk first held the title of richest person in the world in 2021 before conceding it to Amazon founder Jeff Bezos and Bernard Arnault of LVMH. Musk reclaimed the world richest man’s last year and maintained it for over 300 days.
All about Larry Ellison’s investments
The majority of 81-year-old Ellison’s net worth is invested in Oracle, the database software firm he co-founded and currently serves as chairman and chief technology officer.
In July, two-time college dropout Ellison became the second richest man in the world, surpassing both Bezos and Meta CEO Mark Zuckerberg. At that time, his net worth had increased significantly to around $276 billion.
In comparison, Tesla Inc.’s stock has dropped 13% so far this year.
If Musk is successful in reaching a number of important objectives, the company’s board has suggested a huge compensation package that may make him the first trillionaire in history.
Who is Larry Ellison? What we know about his family
After being born to a single mother in New York, Larry was reared by an adoptive relative in Chicago. His schooling started out promisingly when he took admission at the University of Illinois at Urbana-Champaign as a science and pre-med student.
Larry Ellison vs Elon Musk: Here’s what Forbes real time data says
According to Forbes real time data, Musk’s net worth is estimated to be around $439.4 billion while Ellison’s currently stands at $401.1 billion
Stay updated with US News covering politics, crime, weather, local events, and sports highlights. Get the latest on Donald Trump and American politics also realtime updates on Indonesia ferry fire. Stay updated with US News covering politics, crime, weather, local events, and sports highlights. Get the latest on Donald Trump and American politics also realtime updates on Indonesia ferry fire. News / World News / US News / What is Larry Ellison’s net worth? Oracle co-founder briefly surpasses Elon Musk to become world richest man
See Less
