Summary • Larry Ellison has surpassed Elon Musk to become the world’s richest person • His fortune, now at $393 billion USD, surged on the back of Oracle’s booming AI cloud business • This shift signals that the new tech gold rush is in AI infrastructure

In a monumental shift at the pinnacle of global wealth, Oracle co-founder Larry Ellison has dethroned Elon Musk to become the world’s richest person. According to the Bloomberg Billionaires Index, Ellison’s fortune surged to $393 billion USD, a stunning leap that puts him ahead of Musk’s $385 billion USD and ends Musk’s nearly year-long reign at the top.

The remarkable shift was fueled by an unprecedented one-day wealth increase for Ellison, the largest ever recorded by the index. Oracle’s stock soared by over 40% after the company

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