Reported 7 months ago
Oracle's founder Larry Ellison's net worth jumped from $138 billion to $152 billion in a day due to the success of his company in cloud applications, making him the seventh-richest person globally. His wealth growth is attributed to Oracle's strong demand for AI services and collaborations with companies like OpenAI and Google. Other tech giants like Microsoft's Steve Ballmer and Alphabet's Sergey Brin have also seen increases in wealth due to AI advancements, with the collective wealth growth in the tech industry reaching over $150 billion this year.
Source: YAHOO