Ellison Dethrones Musk: Billionaire Shuffle

Oracle co-founder Larry Ellison briefly dethroned Elon Musk as the world's richest person on September 10th, thanks to a massive surge in Oracle's stock following a strong earnings report fueled by AI demand. While Bloomberg declared Ellison the winner with $393 billion, Forbes still ranks Musk on top at $439 billion, highlighting the differing valuation methods for private companies. Ellison's wealth could cover living expenses for millions, illustrating the staggering scale of billionaire fortunes and the volatile nature of wealth at the top. Hosted on Acast. See acast.com/privacy for more information.