Oracle’s record-breaking AI cloud contracts push Ellison’s fortune to $395B, marking the biggest single-day gain in modern financial history Larry Ellison, the 81-year-old co-founder and chairman of Oracle, briefly became the world’s richest person on Wednesday after an unprecedented surge in Oracle’s stock sent his net worth soaring. According to the Bloomberg Billionaires Index, Ellison’s fortune climbed to $395 billion, surpassing Elon Musk’s $384 billion, as Oracle shares surged as much as 43% to a record $345.69 during the day. The stock later closed at $328.33, up 36% — the company’s best single-day performance since 1992. Ellison, who owns 1.16 … Continue reading Larry Ellison Briefly Surpasses Elon Musk as World’s Richest Man After Oracle Stock Skyrockets