Larry Ellison has officially surpassed Elon Musk to become the world’s richest person, with a net worth approaching $400 billion. Oracle’s stock has surged more than 40% on massive AI demand, including a $450 billion cloud backlog and multi-billion-dollar deals with Nvidia and OpenAI.
Beyond tech, Ellison’s family just spent $8 billion acquiring Paramount Global, while also launching a $500 billion datacenter project with SoftBank’s Masayoshi Son and OpenAI CEO Sam Altman. Oracle is now closing in on a $1 trillion valuation, cementing Ellison’s empire.
Will Ellison’s reign last, or will Musk and others fight back for the crown?
#ElonMusk #LarryEllison #TechStocks
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