Larry Ellison briefly tops world's richest list after Oracle’s record stock surge

Oracle’s quarterly beat sent its shares soaring, briefly making Larry Ellison the world’s richest person with a peak net worth near $393 billion. His fortune jumped by about $111 billion in hours as investors priced in AI-fueled cloud growth. Elon Musk reclaimed the top spot the next morning by roughly $1 billion. The spike underscores the speed—and fragility—of wealth rankings tied to market swings.

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