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Musk’s Reign as World’s Richest in Jeopardy: Oracle Co-Founder’s Fortune Soars by Nearly $50 Billion
5 day ago /
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Author：小编
On September 10, Bloomberg reported a close contest brewing between Larry Ellison, the co-founder of Oracle Corporation, and Elon Musk, the CEO of Tesla, for the coveted title of the world’s richest person, as their fortunes are now nearly neck and neck. Propelled by Oracle’s stronger-than-anticipated quarterly earnings and promising growth outlook for its cloud business, Ellison’s net worth has skyrocketed by $70 billion, bringing his total wealth to $364 billion. This substantial increase has dramatically narrowed the gap with Musk’s $384 billion fortune. Should Ellison’s wealth surge continue at this pace, it will set a new record for the largest single-day wealth gain in the Bloomberg Billionaires Index.
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