Larry Ellison Surges Past Elon Musk as World’s Wealthiest Following Oracle's Strong Earnings Report
SPACE ECONOMY
Larry Ellison briefly surpassed Elon Musk as the world's richest person on September 10, 2023, following a surge in his net worth attributed to Oracle's strong quarterly earnings. Ellison's fortune increased by over $100 billion, reaching $393 billion, while Musk's net worth remained at $384 billion.
Both billionaires are involved in significant projects in Tennessee, including Oracle's planned global headquarters in Nashville and Musk's underground tunnel project. Despite the brief change in rankings, Musk reclaimed his position as the wealthiest by the end of the trading day.
Sep 19, 2025, 12:25 PM