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Euronews
AP with Doloresz Katanich

Elon Musk briefly lost the 'world's richest person' title to Oracle's Larry Ellison

Elon Musk Larry Ellison Oracle Tesla Inc. United States

In a stunning few minutes after markets opened on Wednesday, stock in Larry Ellison's Oracle Corp. rocketed more than a third, enough for him to temporarily wrest the title of the 'wealthiest person in the world' from its longtime holder, Tesla CEO Elon Musk.

But the stock market is fickle, and Musk was back on top by the end of the day, according to Bloomberg, as the software giant gave up some earlier gains.

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