Oracle’s co -founder and chairman Larry Ellison and Tesla CEO Elon Musk rivals the top of the ranking of the richest people in the world. On the afternoon of Wednesday (10), Ellison took the lead after a historic leap in Oracle’s actions, raising his assets to $ 393 billion, against $ 385 billion musk, according to Bloomberg Billionaires Index. It is worth mentioning, however, the volatility of the ranking, especially taking into account the dependent values
More than 40% in the early afternoon of Wednesday (10), causing the billionaire to earn more than $ 110 billion in a single day, after the company that helped found in 1977 announced aggressive growth projections of its cloud division for the next five years.
Already Musk took the lead for the first time among the billionaires in 2021, but has alternated positions with Jeff Bezos from Amazon and Bernard Arnault of LVMH. He returned to the top last year and remains in this position for about ten consecutive months. Positions in the ranking of richer people in the world change frequently, influenced by the valorization of actions, market movements and other billionaires actives.
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At 81, Larry Ellison remains active at Oracle, a company he co -founded and in which he acts as Chairman of the Board and Director of Technology. The company’s weight in the industry can be measured by its customer wallet, which includes prominent names such as Netflix, LinkedIn, Ebay, Airbnb, JP Morgan Chase and Citi Group, as well as many other large global corporations.
Since leaving Tesla’s advice in 2022, Ellison has intensified her activities on different fronts. He has expanded his focus in the health sector with Cervo’s acquisition by Oracle for $ 28 billion in the same year, reinforced his philanthropic performance by launching the Ellison Institute at Oxford University and helped complete the merger of Paramount Global with Skydance, valued at $ 8 billion last month. In addition, Ellison has become a strategic investor in artificial intelligence infrastructure, establishing partnerships with OpenAi, developer of ChatgPT.
On Tuesday, Oracle reported that its remaining performance obligation, a metric representing contracted revenue yet, reached $ 455 billion, an increase of 359% over the previous year. The company has also designed that its cloud infrastructure revenue will jump from $ 10 billion in the last fiscal year to $ 144 billion by 2030, reinforcing its role as a central player in cloud computing expansion and artificial intelligence.
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But your life is not limited to the corporate universe. In addition to investing heavily in technology and cloud services, the billionaire also built an empire in the luxury real estate market, gaining the nickname “King of Malibu” for gathering eleven properties on the most disputed beach in the United States.
He starred in extravagant business, such as buying a Florida mansion for $ 80 million just to demolish it, an idea that was abandoned, as he sold the property a year later for $ 145 million.
Despite the excesses, Ellison maintains a discreet profile. He married in secret with Jolin Zhu (original name Zhu Keren), a Chinese graduate of the University of Michigan and considered his sixth wife, now 34. Passionate about Japanese culture, he named his musashi yacht in honor of the 16th century Samurai and has a residence in Kyoto, built in an ancient temple area, where he plans to open a museum.
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Where does Larry Ellison’s richness come from
The billionaire maintains most of his wealth linked to Oracle’s actions, which has consolidated himself as a supplier of cloud database and infrastructure solutions.
These papers already accumulated appreciation of 45% in 2025 until the closure of Tuesday. Oracle reached its highest historic level after it presented a bold projection for its cloud services division, surprising Wall Street analysts. The movement has stressed the expectations that the race for the construction of the Global Post-FACTGPT Artificial Intelligence Infrastructure (AI) is advancing at a rapid pace.
If the appreciation of more than 40% registered is confirmed in today’s trading session, a. The enthusiasm spread to other AI -related companies, such as the Nvidia chips manufacturer and its partners in Asia, who also register strong gains.
