It's access to Nvidia GPUs that have made Oracle the cloud contender it never was and allowed founder Larry Ellison to briefly surpass Elon Musk as the world's richest man. Plus: OpenAI's Sam Altman vs. Tucker Carlson, Microsoft joins the RTO wars, and Klarna's IPO pop.
Larry Ellison is on the cusp of surpassing Elon Musk as world’s richest person after Oracle’s stock jumped $70 billion overnight
BY MARCO QUIROZ-GUTIERREZ
September 10, 2025
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September 10, 2025
Only $1 billion separates the two richest men in the world after a wild day of trading.
Not just Larry Ellison got a huge payday this week—Oracle’s CEO is worth over $3.4 billion after the company's stock surged by…
The Tesla mogul now only has a paltry $385 billion fortune.
The switch in the ranking came after a blockbuster earnings report from Oracle, powered by multibillion-dollar orders.
Larry Ellison of software giant Oracle replaced Tesla and SpaceX chief Elon Musk to be the richest person in the world.
Ellison has a history of changing his plans for distributing wealth.
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