Larry Ellison Overtakes Musk to Claim Title of World's Wealthiest Individual
4 day ago / Read about 0 minute
Author:小编   

The net worth of Oracle's co-founder, Larry Ellison, has skyrocketed to an astonishing $393 billion, propelling him past Elon Musk to claim the mantle of the world's richest person. On the evening of September 10, following the opening bell of the US stock market, Oracle's stock price witnessed a remarkable 41% surge. This surge translated into an approximate $271.9 billion increase in the company's market valuation. The catalyst for this extraordinary rise was Oracle's release of impressive cloud service demand figures. As a direct result, Ellison's personal fortune surged by $98 billion in a single day, marking the largest single-day wealth increase ever recorded.