Who Is The Richest Man In The World? Larry Ellison Reportedly Tops Elon Musk After Oracle Stock’s 41% Surge Today

According to a Bloomberg report, Larry Ellison’s net worth surged by over $101 billion to reach $393 billion, while Elon Musk’s net worth stood at $385 billion.
 Oracle co-founder Larry Ellison listens as U.S. President Donald Trump speaks to reporters in the Oval Office of the White House on February 03, 2025, in Washington, DC.
Oracle co-founder Larry Ellison listens as U.S. President Donald Trump speaks to reporters in the Oval Office of the White House on February 03, 2025, in Washington, DC. (Photo by Anna Moneymaker/Getty Images)
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Rounak Jain·Stocktwits
Updated Sep 10, 2025 | 12:22 PM GMT-04
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Larry Ellison, the co-founder of Oracle Corp. (ORCL, has reportedly surpassed Tesla Inc. (TSLA) co-founder and CEO Elon Musk as the richest man in the world.

According to a Bloomberg report, Ellison’s net worth surged by over $101 billion to reach $393 billion, while Musk’s net worth stood at $385 billion. This follows a 41% surge in Oracle’s stock on Wednesday, after the company’s cloud business outlook resulted in upbeat investor sentiment.

CEO Safra Catz said she expects booked cloud orders to exceed half a trillion dollars.

In comparison, Tesla’s shares were up 2% in Wednesday’s midday trade. Retail sentiment on Stocktwits around Oracle trended in the ‘extremely bullish’ territory, while users felt ‘bullish’ about Tesla.

“Over the next few months, we expect to sign up several additional multi-billion-dollar customers and RPO is likely to exceed half-a-trillion dollars. Most of the revenue in this 5-year forecast is already booked in our reported RPO. Oracle is off to a brilliant start to FY26,” Catz said on Tuesday.

Oracle’s record bookings resulted in a slew of price target hikes and upgrades from analysts, according to TheFly. While analysts at Bank of America termed Oracle’s RPO growth “exceptional,” Citi analysts called the first quarter (Q1) a “historic” one for the company.

At the time of writing, Oracle’s market capitalization was at $953 billion, up by $272 billion compared to where it was at the end of trading on Tuesday.

ORCL stock is up 103% year-to-date, while TSLA stock is down 12%.

Also See: Oracle Stock Explodes 40% After CEO Says Company Expects Over Half A Trillion Dollars In Booked Cloud Orders

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