Larry Ellison Surpasses Elon Musk as World’s Richest Person Amid Oracle’s AI Boom

Oracle co-founder Larry Ellison has eclipsed Elon Musk to become the world's wealthiest individual following a historic $100 billion single-day net worth surge. The 81-year-old tech pioneer now commands a $393 billion fortune, fueled by his 41% stake in Oracle as the company's shares skyrocketed post-earnings.

Oracle's transformation into an AI infrastructure leader drove the windfall, with $455 billion in future cloud contracts secured during what CEO Safra Catz described as an "excellent" quarter. The database giant's pivot to AI infrastructure has proven prescient as enterprise demand accelerates.

Ellison's wealth milestone underscores how traditional tech fortunes are being recalibrated by the AI Gold rush. His lead over Musk's $385 billion net worth may prove temporary, but the staggering valuation jump demonstrates how quickly capital is flowing toward established players in the AI infrastructure space.