There has been a major change in the world’s top billionaires list and Alan Musk, the world’s number-1 richest person, has lost this crown for a long time. Larry Ellison, 81-year-old Tech veteran and co-founder of Oracle, has left him behind and became the richest person in the world. This achievement has been suddenly achieved by a surge of more than $ 100 billion in a single day. Let’s know about their total assets …
Property increased by Rs 8.90 lakh crore as soon as it turned. Tech veteran Oracle Corporation announced its brilliant quarterly results and then there was a sudden stir in the world’s top billionaires list. In fact, after the results, the total assets of its co-founder Larry Ellison increased by $ 101 billion (about 8.90 lakh crore rupees) and the company’s shares had a record bounce.
According to the Bloomberg Billionaires Index, due to this sudden bounce, Alison’s assets in New York reached $ 393 billion and became number-1 the richest person leaving Allen Musk behind. At this time, Alan Musk, the world’s richest man, had a total assets of $ 385 billion. This is the biggest jump in a day in the property of any billionaire.
With this achievement of Larry Alison, Elon Musk, owner of companies such as Tesla and SpaceX, has ended as the world’s richest person. It is worth noting that even at this age, 81 -year -old Alison is fulfilling the responsibilities of Oracle and the Chief Technology Officer. Most of his total assets focus on his company’s earnings.
On Wednesday, Oracle shares have a 41% jump in Oracle shares this year and due to this, its co-founder Larry Ellison reached the top of the rich list and is now the richest. In 2025, ORACLE stocks have increased by more than 45% so far. The stocks rose by 41% on Wednesday and reached $ 328.33.
Alison’s shares closed at $ 241.63 on the previous trading day, but on Wednesday it opened with stormy rapidly at $ 319.19 and then reached $ 345.72.
Tesla’s decline in shares damaged Musk and Elon Musk, CEO of SpaceX, won the world’s richest person for the first time in 2021. Although he stayed with Amazon founder Jeff Bezos and LVMH chairman Bernard Arnalt for some time, but last year Musk again came to number-1 due to a rapid increase in his wealth. But this year, the sharp fall in Tesla’s shares has a direct impact on his net worth. Tesla’s shares have fallen by 13%.
