Oracle’s Larry Ellison Gains Over $70 Billion in a Single Day
Larry Ellison’s net worth surged to $393 billion on September 10, 2025, surpassing Elon Musk, following a boost from Oracle’s major AI infrastructure contracts.
Fact Check
Multiple credible news sources, including Bloomberg, Axios, and the Economic Times, corroborate that Larry Ellison experienced a massive single-day wealth increase on September 10, 2025. While several sources state the amount was $70 billion, Axios reports a figure of $88 billion, which directly supports the claim of a gain 'over $70 billion'.
- Reference: 1
Summary
Larry Ellison, co-founder of Oracle, became the world’s richest person on September 10, 2025, with a net worth of $393 billion, overtaking Elon Musk. This surge was driven by Oracle's increased stock value following key AI infrastructure contracts. Ellison’s wealth has risen sharply due to Oracle’s success in the AI sector, making him the wealthiest individual at that point.
Login or create a free account now to get instant news
Connect with Coinpost Terminal