Larry Ellison is now officially the richest person in the world, thanks to a historic Oracle earnings report that sent the company’s stock soaring. The 80-year-old Oracle co-founder and chairman saw his net worth grow by more than $100 billion in a single day, one of the largest wealth jumps ever recorded.
This dramatic increase has pushed Ellison past Elon Musk and other tech billionaires, making him the world’s richest man.
Oracle’s Record Earnings Report
Oracle released its latest earnings report this week, and the results stunned Wall Street:
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Cloud infrastructure revenue grew 77% year-over-year
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Oracle projected even faster growth ahead, targeting up to $18 billion in annual revenue this fiscal year
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The company announced new AI partnerships with major enterprise clients, fueling optimism
Investors responded quickly. Oracle’s stock surged over 40%, adding hundreds of billions to the company’s market cap in just hours.
Larry Ellison’s Net Worth Skyrockets
Ellison owns roughly 41% of Oracle, meaning any big move in the company’s stock directly impacts his wealth.
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His net worth is now estimated near $390–395 billion
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That puts him ahead of Elon Musk, Jeff Bezos, and Bernard Arnault
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This is one of the largest single-day wealth gains in history
For those wondering who the richest person in the world is right now, the answer—at least for today—is Larry Ellison.
Oracle’s Role in the AI Boom
Oracle’s strong performance is tied to its aggressive move into cloud and AI infrastructure.
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The company has positioned itself as a key provider for AI workloads, competing with Amazon Web Services and Microsoft Azure
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Demand for high-performance computing capacity is exploding as companies race to adopt AI tools
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Oracle’s partnerships with AI developers are expected to drive more growth in the coming quarters
This AI strategy appears to be paying off—both for Oracle shareholders and Larry Ellison personally.
What This Means for Investors
Oracle’s rally highlights a growing trend: AI and cloud infrastructure are driving massive wealth creation.
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Investors looking for growth stocks are watching Oracle closely
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The company’s guidance suggests the rally might not be over yet
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Analysts believe Oracle could continue to gain market share in the AI computing space
Final Thoughts About Larry Ellison’s Net Worth
Larry Ellison’s rise to become the richest man in the world shows just how powerful the AI boom has become. With Oracle posting record results and projecting even bigger numbers ahead, Ellison’s wealth may continue to climb—and Oracle may remain a stock to watch.
Key Takeaways
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Larry Ellison is richest person in the world, briefly surpassing Elon Musk
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Oracle’s growth is being fueled by cloud infrastructure demand and AI partnerships
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The company expects even higher revenue in the coming years
FAQs About Larry Ellison’s Net Worth and Oracle
Who is the richest person in the world right now?
As of this week, Larry Ellison is the richest person in the world, with a net worth estimated near $395 billion after Oracle’s stock rally.
What is Larry Ellison’s net worth?
Larry Ellison’s net worth jumped by more than $100 billion in a single day and now sits around $390–395 billion, according to Forbes and the Bloomberg Billionaires Index.
How did Larry Ellison become the world’s richest man?
Ellison’s wealth comes from his 41% stake in Oracle. After Oracle’s earnings report showed massive growth in AI and cloud revenue, the company’s stock surged more than 40%, skyrocketing his fortune.
What was in Oracle’s earnings report?
Oracle reported 77% year-over-year growth in cloud infrastructure revenue, announced major AI partnerships, and raised its revenue forecast—driving one of the biggest single-day gains in its history.
Will Oracle’s stock keep rising?
Analysts are optimistic, as Oracle continues to win AI contracts and grow its cloud business. However, stock prices can be volatile, so future performance depends on execution and market conditions.