Today, serious news has been observed in the world of finance. Oracle founder Larry Ellison has officially earned the status of the world's richest person, surpassing Tesla and SpaceX founder Elon Musk. This was reported by the Bloomberg agency.
According to the data, Ellison's total wealth was estimated at 393 billion dollars, which exceeded Musk's financial capital of 385 billion dollars. Notably, in just one day, Ellison recorded a record revenue of $101 billion. This was recorded as the largest one-day increase in Bloomberg's rating history.
For the past year, Elon Musk had held the highest position. He previously linked global financial leadership with Amazon founder Jeff Bezos and LVMH CEO Bernard Arno. In the current ranking, Jeff Bezos is in fourth place, and Bernard Arno is in eighth.
Ellison's capital gains were largely due to Oracle's positive cloud forecasts. The company's shares rose by 41% in a single day on Wednesday, with a total increase of 45% since the beginning of the year. Meanwhile, Tesla's shares fell by 13 percent, which affected Musk's financial performance.
Financial experts believe that Larry Ellison's record growth not only strengthened his personal capital but also highlighted trends in global technology and investment markets. This situation is expected to further strengthen inspiration and competition, especially for companies in the technology sector.
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