Larry Ellison tops Elon Musk as world's richest man

There's a new name topping the world's rich list. I'm Robert Frank reporting from CNBC headquarters. And according to Bloomberg's billionaire index, Larry Ellison has become the world's richest person.His fortune jumped more than a hundred billion dollars after Oracle's stock skyrocketed. Ellison's company reported astonishing cloud demand numbers and is nearing a trillion dollar market cap. Meanwhile, Elon Musk has fallen to a mere second place on the rich list, ending a year-long reign in the top spot.Whi ...