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Fortune
Fortune
Marco Quiroz-Gutierrez

Larry Ellison surpasses Elon Musk as world's richest person after Oracle's stock gives him a $101 billion net worth boost

Elon Musk Larry Ellison Oracle United States Tesla Inc.
(Credit: Anna Moneymaker—Getty Images)
  • Oracle cofounder Larry Ellison beat out Tesla CEO Elon Musk to claim the title of world’s richest person for the first time Wednesday. The 81-year-old executive chairman has benefitted from Oracle’s growing cloud-infrastructure business; most notably this week, as the company announced it won several billion-dollar contracts in its most recent quarter.

The 81-year-old cofounder of software giant Oracle beat out Elon Musk to claim the title of world’s richest person for the first time. 

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