Larry Ellison tops Elon Musk as world's richest man
CNBC Television·2025-09-10 19:45
Market Trends & Industry Dynamics - Larry Ellison surpassed Elon Musk to become the world's richest person, according to Bloomberg's billionaire index [1] - Oracle's stock skyrocketed due to astonishing cloud demand numbers [1] - Oracle is nearing a trillion dollar market cap [1] - Elon Musk has fallen to second place on the rich list, ending a year-long reign [1] Company Performance - Larry Ellison's fortune jumped more than $100 billion after Oracle's stock surge [1] - Oracle shares have climbed more than 100% this year [2] - Tesla shares have fallen more than 10% this year [2]