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Larry Ellison has seen a significant increase in his wealth as Oracle's stock soared due to better-than-expected financial results. This surge has elevated him to a net worth of $393 billion, surpassing Elon Musk.

Ellison, co-founder and major shareholder of Oracle, controls over 40% of the company and has a diverse portfolio that includes investments in Tesla, luxury properties, and even an island in Hawaii. His journey to success began after leaving university and working as a programmer, ultimately founding Oracle in 1977, contributing to his status among the world's wealthiest.