In a spectacular surprise, Larry Elison, the founder of Oracle, succeeded in extracting the world's wealthy list, devastated by a year-long domination of Ellon Massachs, CEO of Tsula and Space X.
According to Bloomberg ' s billionaire index, the Alison ' s fortune jumped by $101 billion to $393 billion in the afternoon of Wednesday, after Oracle announced quarterly results that exceeded expectations, reflecting the continued growth of its work through large partnership contracts with leading companies such as OpenAI and Infedia.
Elison is 81 years old and is one of the most prominent figures in the technical world, where he holds the position of Chairman and Technical Director of the Governing Council in Oracle, whose wealth depends heavily on the shares of his company, which has risen by 45% since the beginning of the year, to register an additional 41% increase in one day, the largest ever in the history of the company.
With this remarkable progress, Alison has exceeded the $385 billion Massacre, recording the largest daily increase in wealth in the history of the Bloomberg Index.
On the other hand, shares have suffered a 13% decline since the beginning of the year; however, it is expected that Massachusetts will have substantial financial incentives that they may pay to become the first trillionaire in the world, if they can achieve their ambitious goals.
It should be noted that Mask received the title of the world ' s richest man for the first time in 2021, but competed at the forefront with other personalities such as Jeff Pisus and Bernard Arnault. Although he lost the title several times, he regained his place at the summit last year and held it for more than 300 days.
In this way, the current landscape in the world of money and business reflects the instability of the rich, where things change at an amazing speed, will Elison be able to keep his new place, or will the business world see another transformation soon?
