{"id":88118,"date":"2025-09-11T12:05:11","date_gmt":"2025-09-11T16:05:11","guid":{"rendered":"https:\/\/www.businessupturn.com\/usa\/?p=88118"},"modified":"2025-09-11T12:05:11","modified_gmt":"2025-09-11T16:05:11","slug":"oracles-co-founder-larry-ellison-becomes-worlds-richest-person-for-a-day","status":"publish","type":"post","link":"https:\/\/www.businessupturn.com\/usa\/oracles-co-founder-larry-ellison-becomes-worlds-richest-person-for-a-day\/88118\/","title":{"rendered":"Oracle\u2019s Co-founder Larry Ellison becomes world\u2019s richest person for a day"},"content":{"rendered":"<p>On September 10, 2025, Oracle co-founder Larry Ellison briefly became the world\u2019s richest person. Oracle\u2019s stock soared, adding about $101 billion to his fortune overnight. For a short time, he surpassed Tesla\u2019s Elon Musk, though Musk later reclaimed the top spot.<\/p>\n<p>Oracle\u2019s shares jumped more than 40% in early trading. The rise followed strong earnings and new multi-billion-dollar deals for cloud and AI services. The surge brought Oracle\u2019s market value close to $1 trillion, marking one of its biggest single-day gains ever.<\/p>\n<p>Ellison owns over 40% of Oracle, so the stock rally directly boosted his personal wealth. Bloomberg\u2019s real-time billionaire rankings showed him ahead of Musk for a brief period.<\/p>\n<p>Larry Ellison was born in New York in 1944. He co-founded Oracle in 1977 and led the company as CEO for nearly 40 years before becoming executive chairman and chief technology officer in 2014. Under his leadership, Oracle became a giant in enterprise software, known for its database products and expansion into cloud services. Ellison also led major acquisitions like PeopleSoft, Sun Microsystems, and NetSuite, strengthening Oracle\u2019s position in the IT market.<\/p>\n<p>Even though Ellison briefly overtook Musk, Tesla\u2019s CEO regained the title by the end of trading. Oracle\u2019s stock had lost some of its gains, leaving Musk with a net worth of about $384.2 billion and Ellison at $383.2 billion.<\/p>\n<p>The episode shows how quickly billionaire rankings can change when tied to stock prices, especially for founders who own large shares in their companies.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On September 10, 2025, Oracle co-founder Larry Ellison briefly became the world\u2019s richest person. Oracle\u2019s stock soared, adding about $101\u2026<\/p>\n","protected":false},"author":294,"featured_media":88119,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[26170,24439],"class_list":["post-88118","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tech","tag-larry-ellison","tag-oracle"],"reading_time":"2 min read","_links":{"self":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/posts\/88118","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/users\/294"}],"replies":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/comments?post=88118"}],"version-history":[{"count":0,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/posts\/88118\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/media\/88119"}],"wp:attachment":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/media?parent=88118"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/categories?post=88118"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/tags?post=88118"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}