is a news writer who covers the streaming wars, consumer tech, crypto, social media, and much more. Previously, she was a writer and editor at MUO.
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Elon Musk can no longer claim the title of the world’s richest man — at least for the time being. The net worth of Oracle CTO and co-founder, Larry Ellison, ballooned by $101 billion on Wednesday morning, bringing his total fortune to $393 billion, according to a report from Bloomberg.
Ellison’s fortune soared after Oracle’s latest earnings report suggested that its cloud infrastructure business would rake in a whopping $144 billion over the next four years. Meanwhile, Musk may be on track to become the world’s first trillionaire if Tesla shareholders approve his exorbitant new pay package.