Oracle cofounder Larry Ellison becomes world’s richest with huge wealth jump; dethrones Elon Musk

Oracle chief Larry Ellison has surpassed tech billionaire Elon Musk to become the world’s richest person.

Ellison’s fortune surged $101 billion as of 10:10 a.m. New York time. This brings to an end Musk’s year-long stay at the top.

Owning a huge chunk of the company, Ellison’s personal wealth skyrocketed to around $395.7 billion, ahead of Musk at $385 billion, according to the Bloomberg Billionaires Index.

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