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Larry Ellison Surpasses Elon Musk as World's Richest Person Following Oracle's Record Earnings

SPACE ECONOMY

Larry Ellison briefly regained the title of the world's richest person after Oracle's impressive earnings report, which boosted his wealth by $101 billion to $393 billion. The surge was fueled by strong demand for data center capacity from AI customers, with Oracle shares jumping 41%—the largest single-day gain since 1992.

Despite this, Elon Musk's net worth remained at $385 billion, just below Ellison's. Analysts are optimistic about Oracle's future, citing its significant backlog and strategic partnerships in the AI sector.

Sep 18, 2025, 10:56 AM

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