Oracle(US:ORCL) Sou Hu Cai Jing·2025-09-11 13:35Core Insights - Larry Ellison, co-founder of Oracle, briefly became the world's richest person due to a 43% surge in the company's stock price, increasing his wealth by nearly $90 billion in one day, reaching a total of $383 billion, just $10 billion behind Tesla's CEO Elon Musk [1] - The surge in Oracle's stock price was driven by the announcement of over $450 billion in cloud service reserve orders and multi-billion dollar computing contracts with Nvidia and OpenAI, with expectations of signing additional contracts exceeding $10 billion in the coming months, potentially pushing total orders beyond $500 billion [1] - Ellison's family business interests have expanded, including an $8 billion acquisition of Paramount Global, funded partly by family wealth, and a collaboration with SoftBank's Masayoshi Son and OpenAI's Sam Altman on a $500 billion data center project utilizing Oracle technology [1] Company Overview - Oracle's market capitalization is approaching $1 trillion, reflecting its significant growth and investor interest [2]