Musk Regains Title of World's Richest Person

BlockBeats News, September 11th, Elon Musk's title as the "world's richest person" briefly slipped as he was overtaken by Oracle (ORCL.N) co-founder Larry Ellison.

After Oracle released a very strong financial report on Tuesday night, Ellison's wealth surged by $89 billion on Wednesday, reaching $383.2 billion. Ellison is Oracle's largest individual shareholder. On Wednesday, the growth of his net worth made him the world's richest person for a few hours, briefly surpassing Musk's wealth.

However, as of Wednesday's close, Musk's net worth was $384.2 billion, surpassing Ellison by $1 billion, reclaiming the title of the richest person. (Financial Times)