Larry Ellison became the world’s richest person with a $393 billion net worth

Larry Ellison just ripped the crown off Elon Musk’s ￰0￱ exactly 10:10 ￰1￱ New York yesterday, Oracle’s earnings dropped, blew past every analyst prediction, and lit Larry’s net worth on ￰2￱ gained $101 billion in one day, hitting a total of $393 billion, surpassing Elon’s $385 billion. Bloomberg’s Billionaires Index confirmed that it’s the biggest one-day wealth gain ever ￰3￱ like that, Larry became the richest man alive, knocking Elon out after nearly a year on ￰4￱ had first claimed the top spot in 2021, lost it to Jeff Bezos and Bernard Arnault, then grabbed it back for 300 ￰5￱ not anymore. Oracle’s rally crushed everything else in ￰6￱ stock had already risen 45% this year before ￰7￱ boom, another 41% added in one trading day after the company announced strong bookings and a bullish outlook for its cloud infrastructure, and that was Oracle’s biggest single-day surge in its entire history.

Meanwhile, Tesla stock is down 13% this year. Elon’s board is still dangling a huge payday in front of him if he hits certain milestones; he might become the world’s first ￰8￱ that’s just a ￰9￱ now, it’s Larry’s world. Oracle’s outstanding surge hands Larry the crown Larry co-founded Oracle Corporation back in 1977 and ran it as CEO until ￰10￱ now serves as executive chairman and chief technology ￰11￱ of his fortune is locked into Oracle ￰12￱ he’s been stacking wins for ￰13￱ in March 2010, Forbes ranked him sixth in the world with $28 ￰14￱ September 2011, he climbed to $36.5 billion, and the next year, he had $44 billion, putting him just behind Bill Gates and Warren ￰15￱ October 2012, Bloomberg ranked him the eighth-richest ￰16￱ didn’t stop ￰17￱ picked up stakes in Salesforce, NetSuite, Quark Biotechnology, and Astex ￰18￱ June 2012, he bought 98% of the Hawaiian island Lānaʻi for between $500 million and $600 million.

Then, in 2013, The Wall Street Journal reported he made $94.6 million that year ￰19￱ appointed Mark Hurd and Safra Catz as co-CEOs of Oracle in 2014 while he shifted to his current ￰20￱ 2016, Oracle bought NetSuite for $9.3 billion, and since Larry owned 35%, that deal earned him $3.5 billion ￰21￱ 2017, Forbes had him as the fourth richest man in ￰22￱ June 2018, he was at $54.5 ￰23￱ December 2018, he bought 3 million shares of Tesla and joined its ￰24￱ stepped down in August 2022 but still held 1.4% of Tesla as of June ￰25￱ June 2020, his net worth hit $66.8 billion, and as of 2022, he owns 42.9% of Oracle. Now? Larry’s got $393 billion, a spot at the top, and no one even ￰26￱ smartest crypto minds already read our ￰27￱ in?

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