Larry Ellison’s Wealth Soars as Oracle Stock Surges, Briefly Overtaking Elon Musk as World's Richest

Larry Ellison, founder and 41% stakeholder of Oracle, witnessed an extraordinary surge in his net worth on September 10, 2025, propelled by a massive jump in Oracle's stock price fueled by strong artificial intelligence (AI) and cloud computing demand.

Oracle's shares soared over 35%, hitting $328 per share—the company's best single-day performance since 1992—and briefly lifted the company’s market valuation to around $960 billion. This spike led to an unprecedented personal wealth gain of approximately $101 billion for Ellison, the largest single-day increase ever recorded in Bloomberg's Billionaires Index. His stake in Oracle was valued at about $393 billion at peak trading, momentarily surpassing Elon Musk's $384 billion fortune, placing Ellison at the top of the world's richest individuals list.

Despite this historic surge, Oracle's share price cooled by the close of trading, ending up 36% for the day and reducing Ellison's holdings to an estimated $378 billion. Consequently, Elon Musk reclaimed the world's richest title by the market close. This rapid trading volatility underscores the sensitive nature of billionaire rankings to market sentiment, especially amid heightened interest in AI technologies.

Oracle's remarkable growth was driven by surging revenues attributed to increased AI adoption and cloud computing services demand. The company reported that its booked Oracle Cloud Infrastructure (OCI) orders will exceed $500 billion, reflecting multiyear contracts that further excited investors. This surge also helped push U.S. stock indexes to new record highs.

Beyond Oracle, Ellison holds a significant stake in Tesla and has other notable investments including a professional sailing team, the Indian Wells tennis tournament, and ownership of Lanai Island in Hawaii. Notably, Ellison and Elon Musk share a longstanding personal and business relationship; Ellison served on Tesla's board from 2018 to 2022 and invested $1 billion in Musk's acquisition of Twitter, now rebranded as X.

This episode illustrates the dynamic nature of wealth among top tech magnates, highlighting how breakthroughs in AI and cloud computing can substantially impact market valuations and personal fortunes. The impressive surge in Oracle's stock reflects investor optimism about the company's future role in AI enterprise solutions.