Larry Ellison surpasses Elon Musk as world’s richest person after Oracle’s stock gives him a $101 billion net worth boost

Oracle cofounder Larry Ellison beat out Tesla CEO Elon Musk to claim the title of world’s richest person for the first time Wednesday. The 81-year-old executive chairman has benefitted from Oracle’s growing cloud-infrastructure business; most notably this week, as the company announced it won several billion-dollar contracts in its most recent quarter. The 81-year-old cofounder of software giant Oracle beat out Elon Musk to claim the title of world’s richest person for the first time. Ellison, who cofo ...