Post #53720 by g0177325 on the US Policy board

If you have a moment right now, copy the url of a post you find interesting and email it (or tweet it, or message it) to your friends ever so often. This is the best way to make these boards increasingly active over time. (As for the culture, that has has proven that it is here to stay).

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Elon Musk just lost his title as world’s richest person

New York
—
Elon Musk has lost his title of “world’s richest person” title to Oracle cofounder Larry Ellison.

Ellison’s wealth jumped by $101 billion to $393 billion after Oracle’s stunningly strong earnings report Tuesday evening, surpassing Musk’s net worth of $385 billion, according to Bloomberg.

Oracle (ORCL) reported surging demand for its data center capacity from AI customers, launching the stock into the stratosphere. Shares are 41% higher Wednesday, on pace for the stock’s biggest single-day gain since 1992.

CEO Safra Catz announced Tuesday after the stock market closed that Oracle signed four multibillion-dollar contracts with customers during the quarter, and she expects to sign several more in the coming months.

I'm very surprised. I had no idea Ellison was this rich!

https://www.cnn.com/2025/09/10/investing/elon-musk...

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