THE Mask is no longer the ‘richest man in the world »as he lost his title to Oracle co -founder Larry Elison.
Larry Elison’s fortune fired by $ 101 billion, reaching $ 393 billion, after Oracle’s impressive results on Tuesday night 09.09.2025, thus exceeding the net value of Elon Musk, estimated at $ 385 billion and won the world.
Oracle (Orcl) has announced a huge increase in demand for its data centers infrastructure by clients active in artificial intelligence, launching its share. The shares rose 41% on Wednesday, on the road to the highest daily rise since 1992.
This optimism is based on the emergence of Oracle as a key infrastructure provider supporting the enormous needs of artificial intelligence companies for computing power -the company’s “core” as a provider of cloud services and software databases. In July, Oracle announced an agreement to provide 4.5 GW of electricity to Openai, creator of Chatgpt, to meet the needs of its software.
Elison is Oracle’s largest shareholder and may maintain the title of richest man in the world if the share continues its explosive rise. This increase is rare for a company with a capitalization of nearly $ 700 billion (13th largest company in the US on Tuesday). Oracle is now close to exceeding $ 1 trillion in value.
As Bloomberg typically states, Elison’s property jump is “the largest daily increase ever recorded” in the relevant index.
Oracle’s rise is linked to the explosion of artificial intelligence, which has launched Nvidia at the top as the most valuable company in the world worth over $ 4 trillion. Microsoft was also temporarily found above the same limit. Today, the eight most valuable shares of the S&P 500 index are all technological and invest in artificial intelligence.
“Microsoft and Oracle are no longer just software companies – they are AI Cloud infrastructure companies that happen to sell software,” Rajes said. Oracle’s share has increased 103% this year.
Musk had won the title in 2021 and kept him mainly thanks to his investment in Tesla and SpaceX. In the past he lost him twice: in 2021 by LVMH CEO Bernard Arno and in 2024 by Amazon founder Jeff Bezos.
Despite his difficulties, Musk maintained the lead for years and recently received a new salary package that could reach almost $ 1 trillion, as Tesla achieves specific goals.
Elison has close relations with former President Donald Trump, often appearing at the White House in technology events and securing contracts for Oracle.
Who is Larry Elison
Larry Elison, the co -founder of Oracle who today claims the title of richest man in the world, began his life under difficult conditions.
Born in New York to a single mother, she grew up in Chicago with adoptive parents, having a conflicting relationship with his adoptive father. In 1966 he abandoned the university after the death of his mother’s adoption and, with his economies, arrived in California to chase a new life.
There, he took advantage of his knowledge in IT and, after working at various technology companies, in 1977 he founded Software Development Laboratories, later renamed Oracle.
Oracle evolved into a database giant, entering the Stock Exchange in 1986 and dominating the market a few years later. Despite the crises, such as the almost bankruptcy of 1990, Elison managed to rebuild the company and bring it to the top.
At the same time, he became one of Silicon Valley’s most controversial figures, with fans for his business boldness and critics of his lifestyle and aggressive tactics.
Among other things, it acquired 98% of the island of Lanai in Hawaii and founded the sailing team won the American Cup in 2010.