Oracle co-founder Larry Ellison just rocketed past Elon Musk to claim the title of the world’s richest person with a jaw-dropping wealth surge.
The Daily Caller reported that on Wednesday, Ellison’s net worth soared to $393 billion, according to Bloomberg, overtaking Musk’s $385 billion, thanks to a historic 41% single-day stock jump for Oracle following a stellar earnings report the previous day.
This isn’t just a small win; Bloomberg dubbed Ellison’s wealth increase of $101 billion the largest one-day gain ever tracked by their Billionaires Index.
Some sources, like The Kobeissi Letter, even pegged the spike at $107 billion, pushing his fortune to a cool $400 billion. That’s the kind of money that could buy a small country—or at least 98% of a Hawaiian island like Lana’i, which Ellison already owns.
Let’s rewind to Tuesday, September 9, 2025, when Oracle dropped an earnings bombshell that sent investors into a frenzy.
CEO Safra Catz revealed four massive multibillion-dollar contracts with AI customers for the quarter, proving that Oracle isn’t just riding the tech wave—it’s surfing it with style.
By the next day, Oracle’s stock had climbed 41%—a record-breaking leap since 1992—and some reports even noted a 43% gain. That’s not just growth; it’s a full-on tech explosion. No wonder the market is buzzing about Oracle nearing a $1 trillion valuation.
Analyst Ben Reitzes of Melius Research pointed out that Oracle has a staggering $455 billion backlog in demand for its AI services.
“We’ll be talking about this one for a long time,” an unnamed source from Cartelville Text remarked about the backlog. Well, let’s hope so, because if this is the future of tech, it’s a future worth investing in, not some overhyped progressive tech fantasy.
Ellison, now 81, isn’t some overnight sensation; he’s been building Oracle since dropping out of college in 1977. His company has morphed into a critical backbone for AI firms, providing the computing muscle they need to thrive. That’s real innovation, not the kind of empty promises we often hear from Silicon Valley’s more “enlightened” crowd.
Take, for instance, Oracle’s deal in July 2025 to supply OpenAI—yes, the folks behind ChatGPT—with 4.5 gigawatts of electricity to power their AI software.
That’s the kind of practical, results-driven partnership that keeps the economy humming, not virtue-signaling initiatives that dominate too many boardrooms these days.
With Oracle’s stock up 103% in 2025 alone, it’s clear Ellison’s focus on tangible outcomes is paying off—literally. Meanwhile, CNN reports that Oracle expects to seal even more AI deals soon. That’s a refreshing change from companies chasing trendy social causes over shareholder value.
Now, let’s give credit where it’s due: Elon Musk, who first snagged the world’s richest title in 2021, isn’t exactly crying into his Tesla dashboard. He’s been bumped before—briefly by LVMH’s Bernard Arnault in 2021 and Amazon’s Jeff Bezos in 2024—only to claw his way back each time.
Musk’s $385 billion net worth is still a titan’s fortune, and his grit is something conservatives can admire in a world obsessed with handouts. Still, Ellison’s ascent is a reminder that hard-nosed business strategy can outshine even the most charismatic disruptors.
Oracle’s pivot to AI infrastructure shows what happens when a company prioritizes innovation over ideology. It’s a lesson some of Musk’s competitors might want to take to heart before they tweet their way into irrelevance.
Ellison’s story isn’t just about money; it’s about building something lasting in an industry often swayed by fleeting trends.
While some tech moguls get lost in cultural battles or progressive posturing, Oracle’s focus on real tech solutions—think AI computing power—has propelled it forward. That’s the kind of leadership that doesn’t need a hashtag to make an impact.
Looking ahead, Oracle’s $455 billion backlog in AI demand signals that Ellison’s reign at the top might not be a fluke.
This isn’t about chasing the latest woke buzzword; it’s about meeting a genuine market need that powers everything from startups to giants like OpenAI. Conservatives should cheer this kind of free-market success over government meddling any day.
What’s striking is how Oracle has positioned itself as indispensable in the AI race, a far cry from the empty promises of tech firms more focused on diversity quotas than deliverables.
Ellison’s wealth surge is a testament to what happens when you let markets, not mandates, drive progress. It’s a refreshing slap in the face to those who think bureaucracy is the answer to innovation.
So, while Musk may have been dethroned for now, the real story here is how Ellison and Oracle are rewriting the rules of wealth and power in tech.
This isn’t just a numbers game; it’s a signal that focusing on substance over spectacle still wins in America. Let’s hope more companies take note before the next earnings report shakes up the leaderboard again.