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| Meta Title | Larry Ellison passes Elon Musk as world's richest after Oracle stock surge |
| Meta Description | Larry Ellison has surpassed Elon Musk as the world's richest person after his stock in Oracle skyrocketed. |
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| Boilerpipe Text | Larry Ellison
has surpassed Elon Musk as the world's richest person after his stock in Oracle skyrocketed.
Why it matters:
The 81-year-old Oracle chairman was No. 2 as of Tuesday, having built his wealth over the course of the last five decades with the rise of his software company.
Driving the news:
Ellison's net worth totaled $393 billion as of 10:10am Wednesday, putting him ahead of Musk at $385 billion, according to the Bloomberg Billionaires Index.
Ellison's wealth has soared by $101 billion today, making it the biggest one-day increase in the index's history.
The big picture:
Oracle offered a
growth forecast
that stunned investors late Tuesday, sending the stock through the roof, Axios' Ben Berkowitz
reported
.
Ellison owns about 1.16 billion shares of Oracle, which was up 40% to $338 Wednesday morning.
State of play:
Musk remains immensely wealthy, but his net worth had fallen by nearly $49 billion as of Tuesday.
Tesla stock — the biggest source of his fortune — is down 12.3% this year. |
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Sep 10, 2025 - [Business](https://www.axios.com/business)
# Oracle's Larry Ellison surpasses Elon Musk as world's richest person

- [Nathan Bomey](https://www.axios.com/authors/nbomey)
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Oracle chairman Larry Ellison is now the world's richest person. Photo: Jay Hirano/SOPA Images/LightRocket via Getty Images
[Larry Ellison](https://www.axios.com/2024/07/08/paramount-skydance-merger-larry-ellison) has surpassed Elon Musk as the world's richest person after his stock in Oracle skyrocketed.
**Why it matters:** The 81-year-old Oracle chairman was No. 2 as of Tuesday, having built his wealth over the course of the last five decades with the rise of his software company.
**Driving the news:** Ellison's net worth totaled \$393 billion as of 10:10am Wednesday, putting him ahead of Musk at \$385 billion, according to the Bloomberg Billionaires Index.
- Ellison's wealth has soared by \$101 billion today, making it the biggest one-day increase in the index's history.
**The big picture:** Oracle offered a [growth forecast](https://investor.oracle.com/investor-news/news-details/2025/Oracle-Announces-Fiscal-Year-2026-First-Quarter-Financial-Results/default.aspx) that stunned investors late Tuesday, sending the stock through the roof, Axios' Ben Berkowitz [reported](https://www.axios.com/2025/09/10/oracle-orcl-stock-larry-ellison-wealth-net-worth).
- Ellison owns about 1.16 billion shares of Oracle, which was up 40% to \$338 Wednesday morning.
**State of play:** Musk remains immensely wealthy, but his net worth had fallen by nearly \$49 billion as of Tuesday.
- Tesla stock — the biggest source of his fortune — is down 12.3% this year.
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| Readable Markdown | [Larry Ellison](https://www.axios.com/2024/07/08/paramount-skydance-merger-larry-ellison) has surpassed Elon Musk as the world's richest person after his stock in Oracle skyrocketed. **Why it matters:** The 81-year-old Oracle chairman was No. 2 as of Tuesday, having built his wealth over the course of the last five decades with the rise of his software company.
**Driving the news:** Ellison's net worth totaled \$393 billion as of 10:10am Wednesday, putting him ahead of Musk at \$385 billion, according to the Bloomberg Billionaires Index. Ellison's wealth has soared by \$101 billion today, making it the biggest one-day increase in the index's history. **The big picture:** Oracle offered a [growth forecast](https://investor.oracle.com/investor-news/news-details/2025/Oracle-Announces-Fiscal-Year-2026-First-Quarter-Financial-Results/default.aspx) that stunned investors late Tuesday, sending the stock through the roof, Axios' Ben Berkowitz [reported](https://www.axios.com/2025/09/10/oracle-orcl-stock-larry-ellison-wealth-net-worth). Ellison owns about 1.16 billion shares of Oracle, which was up 40% to \$338 Wednesday morning. **State of play:** Musk remains immensely wealthy, but his net worth had fallen by nearly \$49 billion as of Tuesday. Tesla stock — the biggest source of his fortune — is down 12.3% this year. |
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