Larry Ellison Challenges Elon Musk as Oracle Wealth Soars
Larry Ellison Challenges Elon Musk for World’s Richest Person Title as Oracle Soars
September 10, 2025 – The global billionaire rankings are witnessing a dramatic shake-up as Larry Ellison, co-founder of Oracle Corporation, narrows the wealth gap with Tesla and SpaceX CEO Elon Musk.
Ellison’s fortune surged by over $100 billion in a single day after Oracle shares climbed nearly 40% following an optimistic forecast of explosive growth in its cloud and artificial intelligence (AI) business.
💰 Ellison vs Musk: Billionaire Showdown
According to Forbes’ real-time billionaire index, Ellison’s net worth has risen to approximately $406 billion, putting him within striking distance of Musk, who currently stands at around $440 billion.
Meanwhile, a Bloomberg wealth index briefly placed Ellison ahead of Musk, showing just how volatile and competitive the world’s wealth rankings have become.
📉 Musk Faces Tesla Struggles
Musk’s wealth is heavily tied to Tesla stock, which has struggled in 2025 due to slowing sales and increased market competition. Despite these setbacks, Tesla has announced an ambitious compensation plan for Musk, potentially worth $1 trillion by 2035, pending shareholder approval later this year.
🚀 Oracle’s Record Growth
Ellison, who owns more than 1.1 billion shares of Oracle (over 40% of the company’s equity), has seen his wealth surge thanks to Oracle’s AI-driven growth.
Oracle CEO Safra Catz described the last quarter as “astonishing”, highlighting four multi-billion-dollar contracts signed with global clients.
Oracle projects that its cloud business revenues will grow 77% this fiscal year to reach $18 billion, with future projections soaring to $144 billion in the coming years.
This growth has pushed Oracle’s market value to nearly $950 billion, making it one of the most valuable tech companies in the world.
🌍 What This Means
The Ellison-Musk rivalry underscores how the AI boom and cloud computing revolution are reshaping global wealth rankings. While Musk remains a leading figure in electric vehicles and space exploration, Ellison is positioning Oracle as a dominant force in the new AI economy.
September 10, 2025 – Oracle co-founder Larry Ellison is closing in on Tesla CEO Elon Musk for the title of the world’s richest person.
Ellison’s wealth skyrocketed by $100 billion in a single day after Oracle shares surged nearly 40%, fueled by massive demand for cloud computing and artificial intelligence (AI) services. This boosted Ellison’s net worth to $406 billion, compared to Musk’s estimated $440 billion.
Meanwhile, Musk’s fortune has dipped due to weaker Tesla sales and pressure from investors. Still, Tesla has announced a potential $1 trillion compensation plan for Musk through 2035.
With Oracle projecting AI-driven revenues to exceed $144 billion in the coming years, Ellison’s rise signals how the AI boom is reshaping global wealth rankings.
