The Wall Street Journal

Oracle’s Ellison now rivals Musk as world’s richest person. See how their wealth compares

Oracle’s Ellison now rivals Musk as world’s richest person. See how their wealth compares
Billionaire Larry Ellison in 2018. (Image: Getty)
The Wall Street Journal
By Theo FrancisAn AI-fueled stock surge has boosted Oracle co-founder Larry Ellison’s fortune by US$200 billion (NZ$336.7b) this year, including a US$100b bump on Wednesday. That brings him in range of Elon Musk, who holds the title as the world’s richest person.Earlier this year, Musk’s net worth was about US$420b while Ellison’s was about US$230b, according to wealth intelligence firm Altrata. Shares of Oracle have doubled this year, while Tesla shares are down about 14%, erasing about US$40b in value from Mu...

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