SaralnamaOracle cofounder Larry Ellison became the world's richest person. He overtook Elon Musk after Oracle's stock price jumped 34.4%. Ellison's net worth reached ₹32.6 lakh crore, surpassing Musk's ₹31.9 lakh crore. The change happened due to Oracle's strong earnings report. Ellison owns 41% of Oracle. Tesla's stock, a major part of Musk's wealth, has fallen 14% this year. Bloomberg and Forbes use different methods to calculate wealth, leading to varied rankings. To understand net worth, imagine that Ellison's current wealth could support 5 million US families for a year. (Updated 11 Sep 2025, 02:24 IST; source: link)
Key Points
- Oracle cofounder Larry Ellison became the world's richest person
- He overtook Elon Musk after Oracle's stock price jumped 34.4%
- Ellison's net worth reached ₹32.6 lakh crore, surpassing Musk's ₹31.9 lakh crore