{"id":246,"date":"2025-09-10T17:15:04","date_gmt":"2025-09-10T17:15:04","guid":{"rendered":"https:\/\/farhan.marketingcie.com\/?p=246"},"modified":"2025-09-10T17:20:39","modified_gmt":"2025-09-10T17:20:39","slug":"oracle-cofounder-larry-ellison-becomes-worlds-richest-with-huge-wealth-jump-dethrones-elon-musk","status":"publish","type":"post","link":"https:\/\/farhan.marketingcie.com\/?p=246","title":{"rendered":"Oracle cofounder Larry Ellison becomes world\u2019s richest with huge wealth jump; dethrones Elon Musk"},"content":{"rendered":"\n

Oracle<\/a> chief Larry Ellison has surpassed tech billionaire Elon Musk to become the world\u2019s richest person.<\/p>\n\n\n\n

Ellison\u2019s fortune surged $101 billion as of 10:10 a.m. New York time. This brings to an end Musk\u2019s year-long stay at the top.<\/p>\n\n\n\n

Owning a huge chunk of the company, Ellison\u2019s personal wealth skyrocketed to around $395.7 billion, ahead of Musk at $385 billion, according to the Bloomberg Billionaires Index<\/a>.<\/p>\n\n\n\n

The development comes after Oracle<\/a> shares rallied, logging their best day since 1999, after results beat estimates and revenue growth projections for its cloud infrastructure business of over half a trillion dollars.<\/p>\n\n\n\n

The company said it expects booked revenue at its Oracle Cloud Infrastructure business to exceed half a trillion dollars. The firm also raised its cloud growth forecast to 77% this year, up from 70%.<\/p>\n\n\n\n

Musk became the world\u2019s richest person for the first time in 2021 before losing the title to Amazon\u2019s Jeff Bezos and LVMH\u2019s Bernard Arnault. He reclaimed it last year and has now held it for just over 300 days.<\/p>\n\n\n\n

Ellison co-founded Oracle and now serves as its chairman and chief technology officer. His wealth is overwhelmingly tied to the database software giant, whose stock had already climbed 45% this year before Tuesday\u2019s surge. Musk, of course, is the chief executive of Tesla, whose shares were down 14% in 2025, reducing the value of his holdings.<\/p>\n\n\n\n

Investopedia reported that under Ellison\u2019s leadership, Oracle grew from a startup with three programmers into the largest database software supplier and the second-largest supplier of business applications.<\/p>\n\n\n\n

For the second quarter, Oracle projected total revenue growth of 12%\u201314% and cloud revenue growth of 32%\u201336%, signalling confidence that the momentum driving Ellison\u2019s wealth surge could continue.<\/p>\n\n\n\n

Looking back
<\/strong><\/strong>
In June, Oracle cofounder Larry Ellison leapfrogged both Bezos and Meta CEO Mark Zuckerberg to become the world\u2019s second-richest<\/a> person, following a sharp rally in Oracle shares.<\/p>\n\n\n\n

According to the Forbes Billionaires List, Ellison\u2019s net worth surged to $258.8 billion, placing him ahead of both Bezos, whose wealth was estimated at $227 billion, and Zuckerberg, at $235.7 billion. Ellison was behind Tesla and SpaceX CEO Elon Musk, who remained the world\u2019s richest person with a net worth of $410.8 billion.<\/p>\n\n\n\n

Ellison\u2019s Tesla connection
<\/strong><\/strong>
Interestingly, back in 2019, Larry Ellison disclosed a $1 billion stake in Tesla<\/a>. The 10-figure holding was revealed in a filing with the US Securities & Exchange Commission.<\/p>\n\n\n\n

The Oracle founder and longtime friend of Tesla chief executive officer Elon Musk joined the electric-car maker\u2019s board<\/a> in December 2018 in an effort to show regulators that the board is providing effective oversight.<\/p>\n\n\n\n

Musk\u2019s new pay package
<\/strong>
Meanwhile, on September 5, Tesla’s board proposed a new compensation plan for CEO Elon Musk valued at about $1 trillion<\/a> upon achieving certain lofty targets.<\/p>\n\n\n\n

The staggering compensation package stands to make the richest man in the world even richer. The package will be effective if Tesla expands its market capitalisation from around $1.1 trillion to $8.5 trillion.<\/p>\n\n\n\n

The targets also include delivering 20 million vehicles annually, having one million robotaxis in operation, and producing one million artificial intelligence (AI) humanoid robots within 10 years. Musk must remain CEO for at least 7.5 years to start vesting and 10 years for full payout.<\/p>\n\n\n\n

To put the scale in perspective, 91% of the world\u2019s countries have an entire GDP smaller than the value of this package.
<\/p>\n\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Oracle chief Larry Ellison has surpassed tech billionaire Elon Musk to become the world\u2019s richest person. Ellison\u2019s fortune surged $101 billion as of 10:10 a.m. New York time. This brings to an end Musk\u2019s year-long stay at the top. Owning a huge chunk of the company, Ellison\u2019s personal wealth skyrocketed to around $395.7 billion, ahead of […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-246","post","type-post","status-publish","format-standard","hentry","category-most-popular"],"_links":{"self":[{"href":"https:\/\/farhan.marketingcie.com\/index.php?rest_route=\/wp\/v2\/posts\/246","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/farhan.marketingcie.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/farhan.marketingcie.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/farhan.marketingcie.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/farhan.marketingcie.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=246"}],"version-history":[{"count":1,"href":"https:\/\/farhan.marketingcie.com\/index.php?rest_route=\/wp\/v2\/posts\/246\/revisions"}],"predecessor-version":[{"id":247,"href":"https:\/\/farhan.marketingcie.com\/index.php?rest_route=\/wp\/v2\/posts\/246\/revisions\/247"}],"wp:attachment":[{"href":"https:\/\/farhan.marketingcie.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=246"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/farhan.marketingcie.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=246"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/farhan.marketingcie.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=246"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}