Historic Jump of US$ 70 Billion in One Day Brings This Man Close to Elon Musk in Race for Richest Person in the World

Written by Romário Pereira de Carvalho

Published on 10/09/2025 at 16:00

Updated on 10/09/2025 at 16:02

Ilustração artístico gerada por IA

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Larry Ellison Accumulates US$ 364 Billion After Oracle’s Historic Surge, While Elon Musk Remains at US$ 384 Billion, According to Bloomberg Billionaires Index

According to an article published by O Globo, Larry Ellison is about to surpass Elon Musk in the ranking of the richest people in the world. His fortune soared by US$ 70 billion in just one day, as Oracle released quarterly results that exceeded expectations in New York. The company also projected further growth, which boosted investor confidence.

The move raised the executive’s net worth to US$ 364 billion. This amount is very close to Musk’s fortune, which totals US$ 384 billion, according to the Bloomberg Billionaires Index.

Therefore, if the gains are confirmed at the opening of the market on Wednesday, Ellison will have recorded the largest wealth increase in a single day ever seen in the ranking.

ARTICLE CONTINUES BELOW

History of Leadership at the Top

Musk first took the title of the richest person in the world in 2021. However, he lost the title to Jeff Bezos of Amazon and Bernard Arnault of LVMH.

Despite this, he managed to regain leadership last year and has maintained the position for over 300 days.

Ellison, age 81, founded Oracle and currently serves as chairman and chief technology officer.

The majority of his fortune comes from the database software company, which continues to perform strongly.

Surge in Oracle’s Shares

Oracle’s shares had already accumulated a 45% increase this year up until the close of trading on Tuesday. Additionally, they surged over 26% in after-hours trading.

The jump occurred because the company reported strong growth in contract backlog and an aggressive projection for its cloud infrastructure division.

This was the largest one-day surge since 1999, consolidating Oracle as a key player in the sector and Ellison as a direct candidate to surpass Musk at the global top.

With information from O Globo.

Historic Jump of US$ 70 Billion in One Day Brings This Man Close to Elon Musk in Race for Richest Person in the World

Larry Ellison Accumulates US$ 364 Billion After Oracle’s Historic Surge, While Elon Musk Remains at US$ 384 Billion, According to Bloomberg Billionaires Index

History of Leadership at the Top

Surge in Oracle’s Shares

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Historic Jump of US$ 70 Billion in One Day Brings This Man Close to Elon Musk in Race for Richest Person in the World

Larry Ellison Accumulates US$ 364 Billion After Oracle’s Historic Surge, While Elon Musk Remains at US$ 384 Billion, According to Bloomberg Billionaires Index

History of Leadership at the Top

Surge in Oracle’s Shares

Seven world powers including the US, China, and Russia are spending €22 billion on a reactor in the south of France that aims to confine plasma at 150 million degrees Celsius, ten times the temperature of the Sun’s core, using a magnetic field capable of lifting an entire aircraft carrier.

Elon Musk’s internet comes to mobile: Starlink technology connects smartphones without an antenna via satellite, works even without carrier signal, already costs just US$10 extra in the US, and could arrive in Brazil as an included benefit.

While Brazil has been discussing bullet trains for 16 years, China delivers 5 new high-speed lines in 2026, surpasses 50,000 km of HSR, and moves 1 billion passengers in a single year.

With a wingspan of 152 meters, 76 tires, and a capacity to carry 1,270 tons, the Boeing Pelican was the giant “flying ship” that promised to cross oceans close to the water on an invisible air cushion beneath its wings.

While countries spend billions to draw water from the sea, a Nobel-winning scientist creates a container-sized machine that extracts up to 1,000 liters per day from dry air and uses ultrasound to release water in minutes, even in the middle of the desert.

Belgium will sink 23 giant concrete caissons, each weighing 22,000 tons, in the North Sea to build the world’s first artificial energy island 45 km off the coast, forming offshore electrical walls.

New microwave that can replace three appliances hits the market: Sharp launches 3-in-1 model that combines air fryer, convection oven, and heating in 0.9 cubic feet for small kitchens

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Swiss-led researchers warn that tourism on melting glaciers may be destroying exactly the landscapes that visitors want to see before they disappear, and that geotextile covers and helicopter flights only exacerbate the problem instead of solving it.

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BRAM Offshore is hiring for officer, technician, analyst, and manager positions in RJ and Aracaju, offering benefits, CLT employment, a hybrid work model, and the opportunity to work for a company with over 70 specialized vessels in the Brazilian offshore oil and gas maritime sector.

Swiss-led researchers warn that tourism on melting glaciers may be destroying exactly the landscapes that visitors want to see before they disappear, and that geotextile covers and helicopter flights only exacerbate the problem instead of solving it.