Elon no more: here’s the new richest man in the world

According to Bloomberg, Larry Ellison has become the richest man in the world, surpassing Elon Musk.

In fact, theOracle co-founder has seen his company’s share price jump by over 40% in recent days. His fortune is now calculated at nearly $400B (US), unlike Musk’ s $385B (US).

NEW: Larry Ellison becomes the richest person in the world, with shares of the tech giant he co-founded surging more than 40%. https://t.co/oFC0H91tLV

— NBC News (@NBCNews) September 10, 2025

Meta CEO Mark Zuckerberg completes the top-3, with Jeff Bezos and the duo of Larry Page and Sergey Brin close behind.

With the Ellison family’s recent investments in politics and media, plus anOracle order valued at over $450B (US) for Cloud services and contracts withAI, Nvidia and OpenAI, their empire has taken off in leaps and bounds. The Ellison family also recently bought Paramount Global for $8B (US).

Oracle and Ellison are also planning further deals over the coming months, which could exceed $500B (US), including a data center project with Softbank’s Masayoshi Son and OpenAI’s Sam Altman.