--- title: "Larry Ellison, co-founder of Oracle, saw his net worth surge by $70 billion to $364 billion due to t" description: "Larry Ellison, co-founder of Oracle, saw his net worth surge by $70 billion to $364 billion due to the company's quarterly performance exceeding expectations, approaching Elon Musk's $384 billion in a" type: "news" locale: "en" url: "https://longbridge.com/en/news/256718844.md" published_at: "2025-09-10T10:27:02.000Z" --- # Larry Ellison, co-founder of Oracle, saw his net worth surge by $70 billion to $364 billion due to t > Larry Ellison, co-founder of Oracle, saw his net worth surge by $70 billion to $364 billion due to the company's quarterly performance exceeding expectations, approaching Elon Musk's $384 billion in a bid for the title of the world's richest person. If this increase in wealth is maintained after the market opens on Wednesday, it will set a record for the largest single-day wealth increase in the history of the Bloomberg Billionaires Index Larry Ellison, co-founder of Oracle, is closing in on Elon Musk in the race for the title of "world's richest person." After the U.S. stock market closed on Tuesday, Oracle reported quarterly results that exceeded expectations and indicated further growth potential. This drove Ellison's net worth up by $70 billion (approximately 498.5 billion RMB). According to the Bloomberg Billionaires Index, this brings Ellison's net worth to $364 billion, just a step away from Musk's $384 billion. If Ellison's wealth increase is maintained after the market opens on Wednesday, it will set a record for the largest single-day wealth increase in the history of the Bloomberg Billionaires Index. Musk first ascended to the title of world's richest person in 2021, only to be surpassed at times by Amazon founder Jeff Bezos and LVMH CEO Bernard Arnault. Musk reclaimed the title last year and has held it for over 300 days ### Related Stocks - [ORCL.US - Oracle](https://longbridge.com/en/quote/ORCL.US.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | Cibc World Market Inc. Buys 121,773 Shares of Oracle Corporation $ORCL | Cibc World Market Inc. increased its stake in Oracle Corporation by 38.4% in Q3, acquiring 121,773 shares, bringing its | [Link](https://longbridge.com/en/news/275588592.md) | | Oracle Corporation $ORCL Shares Sold by ING Groep NV | ING Groep NV reduced its stake in Oracle Corporation (NYSE:ORCL) by 67.5% in Q3, holding 271,242 shares valued at $76.28 | [Link](https://longbridge.com/en/news/275569901.md) | | Musk says xAI was reorganized, leading to some layoffs | Elon Musk announced that xAI has undergone a reorganization, resulting in layoffs to enhance efficiency as the company g | [Link](https://longbridge.com/en/news/275652898.md) | | Oracle CEO Clayton M. Magouyrk Reports Sale of Common Shares | Clayton M. Magouyrk, CEO of Oracle Corporation, reported the sale of common shares. The full filing is available through | [Link](https://longbridge.com/en/news/275662743.md) | | ANALYSIS-Musk fires up SpaceX, Bezos pushes Blue Origin as US billionaires race China to moon | The competition between U.S. billionaires Elon Musk and Jeff Bezos in the space race is intensifying as both aim to retu | [Link](https://longbridge.com/en/news/275888738.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.