Oracle’s Larry Ellison Takes Top Spot as World’s Wealthiest Person
In a dramatic shift at the pinnacle of global wealth, Oracle co-founder Larry Ellison has unseated Elon Musk to claim the title of the world’s richest individual. The monumental change, reported on Thursday, 11 September 2025, follows a remarkable surge in Oracle’s stock value, catapulting Ellison’s net worth to unprecedented levels and underscoring the dynamic nature of the technology sector’s leading figures. This reshuffling of the billionaire ranks highlights the significant impact of market movements and technological advancements on personal fortunes.
The AI Race Fuels Oracle’s Ascent and Ellison’s Fortune
The catalyst for Ellison’s ascension was a stunning performance by Oracle’s shares on Wednesday. The software giant saw its stock rocket by an extraordinary 34.4 percent during a few minutes of trading, as reported by Bloomberg. This surge, observed by 3 pm in New York (19:00 GMT), propelled Ellison’s personal wealth, largely derived from his significant stake in Oracle, to an astonishing $393 billion. This figure places him several billion dollars ahead of Elon Musk, who had held the top position for the past four years. The unexpected boost to Oracle’s valuation came on the heels of a blockbuster earnings report, which detailed multi-billion-dollar orders from customers fiercely competing in the intensifying artificial intelligence (AI) landscape. In contrast to Oracle’s meteoric rise, Tesla, one of Musk’s primary holdings, has experienced a challenging period, with its stock declining by 14 percent so far this year as of Tuesday, illustrating the divergent paths of these tech titans’ empires.
The shift at the top of the global wealth leaderboard serves as a powerful reminder of how rapidly fortunes can change in the high-stakes world of technology and finance. As the AI revolution continues to reshape industries, the companies and visionaries at its forefront are poised for immense growth, solidifying their positions and potentially redrawing the map of global wealth for years to come.
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