{"id":129401,"date":"2025-09-11T07:21:11","date_gmt":"2025-09-11T07:21:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/129401\/"},"modified":"2025-09-11T07:21:11","modified_gmt":"2025-09-11T07:21:11","slug":"elon-musk-loses-worlds-richest-person-title-to-larry-ellison","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/129401\/","title":{"rendered":"Elon Musk Loses World’s Richest Person Title To Larry Ellison"},"content":{"rendered":"

Elon Musk
\n I Just Lost My Spot As World’s Richest
\n … To Larry Freakin’ Ellison<\/p>\n

\n Published September 10, 2025 12:36 PM PDT\n <\/p>\n

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\"elon<\/p>\n

<\/a><\/p>\n

Elon Musk<\/a> can no longer stake his claim as the richest person on Earth … the distinction now belongs to Larry Ellison.<\/p>\n

The Tesla honcho lost his title during early morning trading Wednesday, when Larry’s net worth surged on the strength of his company, Oracle, which saw its stock price jump dramatically.<\/p>\n

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\"Larry<\/p>\n

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Larry’s fortune skyrocketed $101 billion to a whopping $393 billion … thanks to a strong earnings report Tuesday evening from Oracle.<\/p>\n

<\/p>\n

Elon’s net worth, according to Bloomberg, is a paltry $385 billion … meaning Musk is now looking up when it comes to the billionaire’s index. Oh, the horror.<\/p>\n

Larry’s accumulating tons of wealth thanks to artificial intelligence … the rapid rise in Oracle stock is being primarily fueled by Oracle reporting huge demand for cloud services and four multibillion-dollar contracts with big AI companies like OpenAI and Nvidia.<\/p>\n

Oracle stock is up 40% Wednesday … and it’s a huge windfall for Larry, who is the largest individual shareholder.<\/p>\n

Bloomberg says Larry’s $101 billion gain is the biggest one-day increase on record.<\/p>\n

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\"larry<\/p>\n

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Don’t shed a tear for Elon … he’s largely held on to the title as world’s richest person since 2021, mainly due to his Tesla and SpaceX stock.<\/p>\n

Elon had only lost the top spot, albeit briefly, to Bernard Arnault and Jeff Bezos<\/a> … but now Larry’s the king of the hill … and it will be interesting to see how long he holds on as the world’s richest.<\/p>\n","protected":false},"excerpt":{"rendered":"Elon Musk I Just Lost My Spot As World’s Richest … To Larry Freakin’ Ellison Published September 10,…\n","protected":false},"author":2,"featured_media":129402,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[32],"tags":[6491,96,56,54,55],"class_list":["post-129401","post","type-post","status-publish","format-standard","has-post-thumbnail","category-celebrities","tag-celebrities","tag-entertainment","tag-uk","tag-united-kingdom","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/129401","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=129401"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/129401\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/129402"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=129401"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=129401"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=129401"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}