Reported about 5 hours ago
Elon Musk temporarily lost his title as the world's richest person to Oracle cofounder Larry Ellison after a significant surge in Oracle's stock, which gained $89 billion following a strong earnings report. Ellison's wealth peaked at $383.2 billion, eclipsing Musk's net worth for a few hours. However, by market close, Musk's fortune rebounded to $384.2 billion, reclaiming his title. This fluctuation highlights the volatile nature of wealth among tech billionaires amidst the ongoing AI boom.
Source: YAHOO