Elon Musk reclaims world’s richest man position hours after Larry Ellison took lead. Check their latest net worth
Elon Musk, CEO of Tesla CEO and SpaceX’s founder, regained the title of the richest man in the world after exceeding the position of $ 101 billion of $ 101 billion of Larry Ellison, the founding partner and chief technology manager of Oracle.
The AP has exceeded Elison’s title in Tesla for the last four years, and has briefly organized the title of the richest people in the world, overcoming Elon Musk. In particular, it is not when Musk was first dethroned as the richest man in the world. He lost the title of Jeff Bezos, the founder of Amazon before passing by Bernard Arnault, CEO of LVMH.
In 2024, Elon Musk reclaimed his title as the richest person in the world and held for more than 300 days until September 10th.
Elon Musk, the net value of Larry Ellison
According to the Bloomberg Billionares Index, the net value of Elon Musk is currently $ 384 billion and adds $ 573 million a day. Meanwhile, Larry Ellison’s net value was $ 383 billion.
Ellison briefly exceeded Musk
On Wednesday, Larry Ellison’s net value increased by $ 101 billion in New York 10:10 (EDT) and followed the three -month results of the software giant exceeding market expectations.
This $ 101 billion fluctuation pointed out the largest one -day net value growth recorded in the index. According to the Bloomberg billionaer index, it was worth $ 393 billion than $ 385 billion of Larry Ellison’s billionaire Elon Musk for a short time.
Oracle stock price
Oracle’s share price increased by 36% after the company predicted a strong increase in income in the coming years. Stocks increased by 35.95% per share and marked the largest one -day earnings since 1992.
With this rally, Oracle’s market value rose to $ 922 billion and Eli Lilly exceeded the values of Lilly, Jpmorgan Chase and Walmart.
The company increased after reinforcing the position of the software manufacturer in the race to support artificial intelligence information processing request after publishing an optimistic look for cloud business.
