Larry Ellison Net Worth Soars to $393 Billion, Becomes World’s Richest Person

Oracle founder Larry Ellison is now the richest man in the world. His net worth has climbed to $393 billion. He passed Tesla chief Elon Musk after a record gain in a single day.

The Bloomberg Billionaires Index confirmed the shift on Wednesday in New York. Ellison’s fortune surged by $101 billion in one day. Oracle’s stunning quarterly results triggered the sharp rise.

Ellison Overtakes Musk After Record Gain

Ellison’s rise marks a major shift in the wealth rankings. His $393 billion fortune moved him ahead of Elon Musk’s $385 billion. According to Bloomberg, this was the largest single-day wealth gain in the index’s history. The previous record was Musk’s $63 billion jump in December 2023.

Oracle shares soared more than 40% in early trade. This was the company’s sharpest single-day climb since the dot-com boom in 1999. The surge followed Oracle’s strong growth forecast announced Tuesday evening. The rally boosted Ellison, who still holds about 1.16 billion Oracle shares.

Tesla, by contrast, has struggled in 2025. Its shares are down 13% this year. Cooling demand and rising competition hurt the company’s market outlook. Musk’s personal wealth remains tied closely to Tesla’s performance.

Impact of Oracle’s Strong Performance

Oracle’s surprise growth projection sparked investor confidence. The company’s shares hit an all-time high. Analysts said demand for Oracle’s cloud services drove the growth.

The jump highlighted Ellison’s long-term stake in Oracle. At 81, he remains the company’s largest shareholder and Chief Technology Officer. His vision has shaped Oracle since he co-founded it in 1977.

Musk, meanwhile, still holds prospects of a massive pay package at Tesla. If he meets targets, he could become the first trillionaire. But for now, Ellison holds the top spot in global wealth rankings.

Larry Ellison net worth now stands at $393 billion. The Oracle founder has set a new record for wealth gain in one day. His rise reflects the power of strong corporate performance in shaping fortunes.

FYI (keeping you in the loop)-

Q1: What is Larry Ellison’s net worth now?

His net worth is $393 billion as of September 10, 2025. It rose after Oracle’s strong quarterly results.

Q2: How much did his wealth grow in one day?

Ellison gained $101 billion in a single day. It was the largest one-day jump ever on the Bloomberg Billionaires Index.

Q3: Who did Larry Ellison pass to become the richest person?

He passed Tesla CEO Elon Musk. Musk’s net worth is now about $385 billion.

Q4: Why did Oracle’s stock rise so much?

Oracle announced a strong growth forecast. This drove investor confidence and pushed shares up more than 40%.

Q5: Is Elon Musk still in the race to be the richest?

Yes. Musk could rise again if Tesla rebounds. A future pay package may also make him the first trillionaire.