Oracle's Larry Ellison bypasses Elon Musk as world's richest man

Wealth & Leadership - Larry Ellison's wealth reached nearly $400 billion, surpassing Elon Musk's $385 billion, making him the richest person in the world [1] Stock Performance & Market Cap - Oracle's shares are surging roughly 40% [2] - Oracle is on track for its best day since 1992 [2] - Oracle is nearing $1 trillion in market capitalization [2] Revenue & Growth - Oracle issued an extremely positive outlook specifically for cloud computing infrastructure revenue projections [2] - Oracle is a beneficiary of massive new AI infrastructure spending through the end of the decade [2]