Musk’s title of richest person challenged by Oracle’s Ellison
New York: Billionaire Elon Musk is at risk of losing his title as the world’s wealthiest person to Oracle co-founder Larry Ellison, whose software giant appears poised for massive AI riches through a major deal with OpenAI.
Ellison, 81, amassed about $95 billion in additional wealth Wednesday as Oracle shares skyrocketed after the nearly 50-year-old company forecast massive revenue growth thanks to large contracts that will dwarf current revenue.
