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

Forget petroleum-based asphalt: a Scottish company transforms 684,000 plastic bottles into one kilometer of road that is 60% more resistant and up to 10 times more durable, and the technology has already started replacing traditional asphalt in more than 30 countries.

With billions in loans, China is rebuilding Nigeria’s railway network from scratch, abandoning the British colonial tracks that have turned to scrap and creating a corridor of over 1,300 km to take the load off the roads of Africa’s largest economy.

Austrian engineers have developed an inflatable concrete technology that transforms flat slabs into domes using only air pressure, eliminating scaffolding and temporary forms, and potentially changing the way bridges, tunnels, and curved roofs are constructed worldwide.

Australia prepares to dredge 96.5 million m³ in Moreton Bay to deepen, widen, and realign channels of the Port of Brisbane, in a project of up to 25 years designed to accommodate larger ships and enhance maritime safety and regional port efficiency.

Cristiano Ronaldo builds a billion-dollar mansion in Portugal with 54,000 square feet, a 3-acre plot facing the Atlantic, private spa, indoor and outdoor pools, and an estimated value of an impressive R$ 385 million.

Larger than the Toyota Hilux and with a towing capacity of 3.5 tons, the new MG U9 2026 features a 2.5 turbodiesel engine, 520 Nm, 4×4 traction with three locks, and an almost full-size build.

While Brazil has been discussing the Maracanã renovation for 25 years and struggles to keep the Arena MorumBis open, Abu Dhabi signs a $1.7 billion deal to build the world’s second Sphere on an artificial island, with 20,000 seats, by 2029.

Supermarket giant buys 12 stores, Distribution Center, and two chains and accelerates expansion

Brazil erects a digital wall along 16,886 km of borders with 10 countries, using sensors, radars, military communications, and the Army’s decision-making system to protect one of the largest land stretches on the planet and showcase the technological strength of national defense.

For the first time in history, a submarine cable will descend to four thousand meters deep under the ice of the North Pole to ensure that the internet between Europe and Asia no longer depends on conflict zones in the Middle East.

While the world discusses geopolitics, China is quietly closing a deal with its Kazakh neighbor to secure grain supplies during any global food crisis, with more than 3,600 Kazakh companies already able to export directly to the Chinese market.

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

Forget petroleum-based asphalt: a Scottish company transforms 684,000 plastic bottles into one kilometer of road that is 60% more resistant and up to 10 times more durable, and the technology has already started replacing traditional asphalt in more than 30 countries.

With billions in loans, China is rebuilding Nigeria’s railway network from scratch, abandoning the British colonial tracks that have turned to scrap and creating a corridor of over 1,300 km to take the load off the roads of Africa’s largest economy.

Austrian engineers have developed an inflatable concrete technology that transforms flat slabs into domes using only air pressure, eliminating scaffolding and temporary forms, and potentially changing the way bridges, tunnels, and curved roofs are constructed worldwide.

Australia prepares to dredge 96.5 million m³ in Moreton Bay to deepen, widen, and realign channels of the Port of Brisbane, in a project of up to 25 years designed to accommodate larger ships and enhance maritime safety and regional port efficiency.

Cristiano Ronaldo builds a billion-dollar mansion in Portugal with 54,000 square feet, a 3-acre plot facing the Atlantic, private spa, indoor and outdoor pools, and an estimated value of an impressive R$ 385 million.

Larger than the Toyota Hilux and with a towing capacity of 3.5 tons, the new MG U9 2026 features a 2.5 turbodiesel engine, 520 Nm, 4×4 traction with three locks, and an almost full-size build.

For the first time in history, a submarine cable will descend to four thousand meters deep under the ice of the North Pole to ensure that the internet between Europe and Asia no longer depends on conflict zones in the Middle East.

A British company has installed in the middle of the ocean the world’s first floating platform that generates electricity 24 hours a day from the temperature difference between the surface and the depths of the Atlantic, without relying on wind or sun.

The James Webb telescope spotted a planet 700 light-years from Earth with mornings full of sand clouds and nights with clear skies, the temperature difference between the two hemispheres reaches an impressive 170 degrees.

A former Hong Kong police officer has just become the first astronaut from her city to go to space. She embarked on the Shenzhou-23 mission alongside two other colleagues who will face muscle atrophy, radiation, and prolonged fatigue in orbit.

While Brazil has been discussing the Maracanã renovation for 25 years and struggles to keep the Arena MorumBis open, Abu Dhabi signs a $1.7 billion deal to build the world’s second Sphere on an artificial island, with 20,000 seats, by 2029.

Supermarket giant buys 12 stores, Distribution Center, and two chains and accelerates expansion

Brazil erects a digital wall along 16,886 km of borders with 10 countries, using sensors, radars, military communications, and the Army’s decision-making system to protect one of the largest land stretches on the planet and showcase the technological strength of national defense.

For the first time in history, a submarine cable will descend to four thousand meters deep under the ice of the North Pole to ensure that the internet between Europe and Asia no longer depends on conflict zones in the Middle East.

While the world discusses geopolitics, China is quietly closing a deal with its Kazakh neighbor to secure grain supplies during any global food crisis, with more than 3,600 Kazakh companies already able to export directly to the Chinese market.