Larry Ellison surpasses $400 billion: second only to Musk in net worth

In the global billionaire landscape, Oracle co-founder Larry Ellison has marked a new chapter in his extraordinary financial career. According to data released by Jinse Finance based on Forbes’ real-time billionaire rankings, Ellison’s net worth has reached $401.9 billion, experiencing an impressive daily increase of $110 billion, or 37%. With this milestone, Ellison has become the second person in history to surpass $400 billion in personal wealth.

Comparison with Elon Musk

Although reaching this extraordinary peak, Ellison’s net worth remains below Elon Musk’s, who currently holds an estimated wealth of $440.4 billion. Musk, CEO of Tesla and founder of SpaceX, remains firmly the world’s richest person according to Forbes’ calculation methods.

Differences in valuation systems

However, the billionaire rankings are not uniform. Different calculation methods lead to significantly different results. According to the latest data from Bloomberg Billionaires Index, Larry Ellison’s net worth has reached $393 billion, enough to surpass Musk’s estimated $385 billion. In this perspective, Ellison would be the richest person on the planet.

This discrepancy between the two sources illustrates how global wealth valuation heavily depends on the employed calculation methods, highlighting the importance of considering multiple sources when analyzing the net worth of billionaires worldwide.