Larry Ellison surpassed Elon Musk to become world's richest person. Who is he?
Posted on: Sep 10, 2025 22:01 IST | Posted by: Hindustantimes
Elon Musk briefly missed his distinguish as the world's richest individual to Larry ralph ellison, the cofounder and chief technology ship's officer of Oracle, as the stocks of the tech giant soared by as much as 43% on Wednesday in New York (local time), reported Bloomberg.
Ellison's wealth soared by $101 billion on Wednesday morning in New York after Oracle reported higher than expected quarterly results, the Bloomberg report said, adding that this was the biggest single-day net worth increase ever recorded by the index.
The Oracle cofounder's total net worth touched a whopping $393 billion as compared to Elon Musk's $385 billion, the report added.
However, it was not long before Musk reclaimed the top spot on the same day, according to several billionaire indexes including Bloomberg and Forbes.
Larry Ellison is software giant Oracle's cofounder and chief technology officer, of which he owns 40 per cent, according to Forbes. Earlier, he also served as Oracle's Chief Executive Officer for 37 years, before stepping down from the role in September 2014.
Ellison founded Oracle in 1977.
He also sat on Elon Musk-owned electric vehicle maker Tesla's board briefly, from 2018 to 2022, according to Forbes. The billionaire moved to Hawaiian island Lanai permanently in 2020. He had bought nearly all of t island in 2012 for $300 million.
Ellison also races sailboats, flies planes, and plays tennis and guitar, according to Oracle.
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