Larry Ellison’s Net Worth Jumps $88.5 Billion in a Day—Just Short of Musk

Oracle co-founder Larry Ellison saw his fortune soar by nearly $90 billion in a single day, propelled by a historic rally in Oracle Corp.’s stock. Still, it wasn’t quite enough to dethrone Tesla CEO Elon Musk as the world’s richest person, according to the Bloomberg Billionaires Index.

Ellison’s net worth surged to $383 billion on Sept. 10, after Oracle shares jumped 36% to $328.33, their biggest one-day gain since 1992. Based on his 1.16 billion Oracle shares, the move added over $100 billion to the value of his stake, with Bloomberg calculating an $88.5 billion increase in his wealth.

That left him just behind Musk, who gained $573 million on the day to sit at $384 billion. Musk has held the top spot for about 300 days, though the title has frequently rotated in recent years between Musk, Amazon’s Jeff Bezos, and LVMH chairman Bernard Arnault.

Ellison is the best performer of 2025, adding $191 billion to his fortune as Oracle shares have more than doubled this year on strong demand for its AI-driven cloud services. In contrast, Tesla shares are down nearly 14% amid slowing EV sales and Musk’s increasingly controversial public profile.

Despite falling just short of No. 1, Ellison’s rise reflects the tech-driven reshaping of global wealth: eight of the world’s top 10 billionaires now come from technology.