Move over, : There’s a new world’s richest person in town.

Oracle cofounder just became the wealthiest person on the planet for the first time, snatching the crown from Musk after the Tesla CEO sat atop the list for almost a year. Ellison can thank Oracle Corp.’s recent success for the bump; the business saw its latest quarterly sales surpass estimates, leading the 81-year-old billionaire’s fortune to skyrocket by $101 billion, Bloomberg .

That addition to Ellison’s net worth—which also includes a rather expansive —means that his total fortune is perched at a $393 billion. Musk, meanwhile, has $385 billion to his name, according to Bloomberg Index. Ellison’s massive wealth bump was the largest single-day gain ever recorded by the publication’s list. As for Musk, he had his seat at the to

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