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Fortune
Fortune
Chris Morris

Bill Gates falls another notch on the world’s billionaire list, as AI takes Larry Ellison higher

(Credit: Sean M. Haffey/Getty Images)

Move over Bill Gates, Larry Ellison is coming through.

The co-founder of Oracle has moved ahead of Bill Gates to become the world’s fourth richest person on the Bloomberg Billionaires Index. The position swap comes as Oracle shares have been steadily rising on increased interest in generative artificial intelligence.

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