Elon Musk has lost his crown of “world’s richest person” to Oracle cofounder Larry Ellison. Ellison’s wealth increased by $101 billion as of 10:10 am in New York after Oracle Corp. reported quarterly results that exceeded expectations, Bloomberg noted.
The fortune of Ellison, a college dropout, is now $393 billion, greater than Musk’s $385 billion, according to the Bloomberg Billionaires Index.
Musk had been the world’s richest for four years running.
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