Elon Musk’s richest person throne under threat: Oracle’s Larry Ellison narrows the gap with single-day gain

Larry Ellison’s net worth surged by $70 billion in a single day following Oracle’s strong quarterly results and optimistic AI growth forecasts. This increase propelled Ellison past Mark Zuckerberg, narrowing the gap with Elon Musk for the title of world’s richest person. Oracle’s strategic focus on cloud computing and AI services fueled investor confidence and drove the unprecedented wealth jump.