In a shocking twist to the billionaire race, Oracle co-founder Larry Ellison briefly dethroned Elon Musk as the world’s richest person on September 10, 2025. Fueled by Oracle’s historic stock rally and record-breaking AI cloud deals, Ellison’s fortune skyrocketed by nearly $100 billion in just one day — the largest wealth jump ever seen. Though Musk reclaimed his title by the market’s close, the dramatic shift highlights how the AI boom is rewriting global wealth rankings.
Larry Ellison Briefly Overtakes Elon Musk as World’s Richest — Thanks to Oracle’s AI Boom
Date: September 10, 2025
Yesterday brought a dramatic shake-up in the billionaire rankings: Oracle co-founder Larry Ellison briefly surpassed Elon Musk to become the world’s richest individual. The key driver? Oracle’s explosive stock rally fueled by surging AI cloud demand.
What Sparked the Surge?
- Oracle’s shares soared over 40% in a single day—its largest jump since 1992.
- The rally followed the announcement of four major multibillion-dollar contracts, including a massive computing-power agreement with OpenAI (estimated around $300 billion).
Wealth Shift: Ellison vs. Musk
- Ellison’s net worth climbed by $89–$101 billion in just one day, temporarily reaching about $383-$393 billion, depending on the source. Content inspired by Wikipedia, The Guardian
- Elon Musk, meanwhile, remained just ahead by market close, with his net worth around $384 billion. KESQ+1
- The fluctuation marked the largest one-day wealth gain in Bloomberg’s Billionaires Index history.
What This Means for the AI Race
Oracle’s monumental day reflects a broader trend: AI infrastructure is rewriting the rules of valuation. Heavy AI spend from giants like OpenAI has made Oracle a pivotal player—and Ellison the temporary wealth leader.
World's Richest People (Bloomberg)
— Morning Brew ☕️ (@MorningBrew) September 10, 2025
1. Larry Ellison $393 billion
2. Elon Musk $385 billion
3. Mark Zuckerberg $269 billion
4. Jeff Bezos $258 billion
5. Larry Page $210 billion pic.twitter.com/cCIKMYR1IP
Conclusion
Larry Ellison’s bold bet on Oracle’s AI cloud push briefly made him the richest person in the world, marking one of the most dramatic wealth shifts in history. This moment highlights how AI and tech infrastructure are no longer just innovations — they are reshaping global billionaire rankings. While Elon Musk reclaimed the crown by the end of the day, it’s clear that the AI boom is rewriting the future of wealth and power.
In this blog we talk about the fluctuations in the wealth of the two richest men of the world. The net worth of Larry Ellison (Oracle co-founder) increased by almost $100 billion in a single day. This growth happened due to Oracle’s AI cloud contracts, which also included a multi-billion dollar deal with OpenAI.
Due to this, for a time Ellison left Elon Musk behind and became the richest person in the world. But by the end of the day, Elon Musk again reclaimed the top spot. All this shows that the AI boom is now drastically changing the billionaire rankings as well.
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Aslo read: Google Gemini Launches for Indian Students: AI Tools Now in Docs, Gmail & More!
Frequently Asked Questions (FAQ)
Who is the richest person in the world in September 2025?
As of September 10, 2025, Elon Musk remains the world’s richest person, though Larry Ellison briefly overtook him after Oracle’s stock surged.
How much did Larry Ellison’s wealth increase in one day?
Larry Ellison’s net worth jumped by nearly $100 billion in a single day, the largest one-day wealth gain ever recorded.
Why did Larry Ellison overtake Elon Musk?
Ellison overtook Musk because Oracle’s shares soared over 40%, driven by massive AI cloud contracts, including a multibillion-dollar deal with OpenAI.
Did Larry Ellison keep the top spot as the richest?
No. Ellison briefly held the top spot, but Elon Musk reclaimed his lead by market close, with a narrow margin in net worth.
What role did AI play in Oracle’s stock surge?
Oracle secured huge AI infrastructure deals, making it a key player in powering the artificial intelligence boom. This triggered the stock rally and Ellison’s wealth surge.
