Larry Ellison nears Elon Musk as Oracle’s AI boom lifts co-founder’s fortune to $393 billion
By
Binu Mathew
Larry Ellison is closing in on Elon Musk’s crown as the world’s richest man, after a blistering rally in Oracle’s stock added nearly $100 billion to the co-founder’s wealth this year.
Ellison’s net worth has jumped to $392.6 billion, driven largely by his 41 per cent stake in Oracle, according to Forbes. That puts him within striking distance of Tesla CEO Musk, whose fortune stands at $439.9 billion.
