Larry Ellison Surpasses Elon Musk as World’s Richest

In a dramatic financial shake-up, Oracle co-founder Larry Ellison has overtaken Tesla CEO Elon Musk to become the world’s richest person, according to Forbes’ real-time billionaire rankings. On September 10, 2025, Oracle’s stock surged 41% in New York trading—its steepest jump since 1992—boosting Ellison’s wealth by $101 billion in a single day.

Ellison’s total net worth now stands at $395.7 billion, pushing him past Musk, whose fortune has been hit by fluctuations in Tesla’s stock performance.

The AI and Cloud Boom Driving Oracle

• The surge in Ellison’s fortune comes as Oracle issued a strong growth outlook for its cloud services, especially in artificial intelligence (AI) computing.
• Oracle’s market valuation now nears $947 billion.
• The company projected revenue growth of 12–14% for the upcoming quarter.
• Cloud revenue is expected to grow 32–36%, underscoring its role in the AI race against rivals like Microsoft, Amazon, and Google.
• This positions Oracle at the heart of the global shift towards AI-driven enterprise solutions, a sector expected to dominate corporate investments for the next decade.

End of Musk’s 300-Day Reign

• Ellison’s rise ends Musk’s nearly year-long run at the top of the billionaire charts.
• Musk first became the world’s richest person in 2021, holding the spot intermittently.
• He briefly lost the title to Jeff Bezos and Bernard Arnault before reclaiming it.
• Tesla’s stock, however, is down 14% in 2025, eroding Musk’s wealth despite the company’s board proposing a $1 trillion pay package for him, tied to ambitious goals like:
• Producing 20 million vehicles annually.
• Manufacturing 1 million AI-powered humanoid robots within 10 years.

Ellison’s Wealth Journey

Larry Ellison, who co-founded Oracle in 1977, remains its chairman and chief technology officer. His fortune is deeply linked to Oracle’s success,

• The company has risen 45% in value in 2025 alone, even before this week’s record rally.
• Ellison had earlier surpassed Jeff Bezos and Mark Zuckerberg in June 2025 to rank second-richest globally.
• Beyond Oracle, Ellison revealed a $1 billion stake in Tesla in 2019 and joined its board in 2018, adding a personal twist to his rivalry with Musk.

Under Ellison’s leadership, Oracle has grown from a small three-programmer startup into,

• The world’s largest database software supplier.
• The second-largest business applications provider globally.

Static Facts and Takeaways

• Larry Ellison Net Worth: $395.7 billion (Forbes Real-Time Ranking).
• Company: Oracle (founded in 1977).
• Oracle Market Value: $947 billion.