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Tesla CEO Elon Musk, who is currently worth more than $380 billion, has lost his position as the world's richest person

Oracle co-founder Larry Ellison is now worth a whopping $393 billion after the company reported higher-than-expected quarterly earnings this week, according to Bloomberg's Billionaires Index

Ellison's rising fortune is the largest single-day jump ever observed by the company

Tesla CEO Elon Musk , who is currently worth more than $380 billion, has lost his position as the world's richest person to another major technology entrepreneur.

Larry Ellison, Oracle 's 81-year-old co-founder, is now worth a whopping $393 billion after the software company reported higher-than-expected quarterly earnings this week, according to Bloomberg . Ellison currently s

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