The Fox News Bret Baier broadcaster explores how technology changes how the world works in a special report.
The increase in the shares of Oracle pushed the co -founder Larry Ellson clear value Top of tens of billions of dollars in the last two days and puts it at the top of the CEO of Tesla Elusk as the richest person in the world.
The software giant shares increased in the trading after hours after issuing profits that include a significant increase in sales and pointed to the ups in Oracle Cloud.
I sent positive news Oracle stocks More than 32 % higher in hours after hours and pre-market trading-gains that lasted after the opening of the market, with Oracle increased more than 39.6 % until Wednesday morning.
Ellison has about 1.16 billion shares in the company, which amounts to about 41 % of the suspended Oracle shares. Ellison’s net value jumped about $ 111 billion from 11 am.
Larry Ellison outperforms Oracle over Mark Zuckerberg as the second most dangerous in the world
The value of the co -founder of Oracle Larry Ellson increased by more than $ 100 billion this week until Wednesday. (Justin Sullivan / Getty Emokires / Getty Emoz)
Ellison’s net gains allowed him to overcome musk as the richest person in the world.
Musk received decisive progress before Oracle’s share jumped after Tuesday hours, with a net value of about 384 billion dollars, he said Bloomberg is a billionaire index.
Ellison began on Tuesday about $ 294 billion, while the increase in shares in the post -watches of its wealth paid about 70 billion dollars.
Larry Ellison from Oracle joins the exclusive Wealth Club club after $ 26 billion
The co -founder of Oracle Larry Ellison speaks at an event at the White House, where President Donald Trump looks at the Roosevelt room on January 21, 2025. (Andrew Harnik / Getty Images)
Increasing the shares of Oracle in a trade inside today, Wednesday, puts Elison before Musk as the richest person in the world.
The net value of Musk witnessed a big leap in late last year from about 262 billion dollars in the beginning of November to more than $ 414 billion at the beginning of January.
| index | protection | last | Changing | % Change |
|---|---|---|---|---|
| Orcl | Oracle Corp. | 338.40 | +96.84 |
+40.09 % |
| Timing | Tesla Inc. | 354.65 | +7.68 |
+2.21 % |
Larry Ellson of Oracle is richer and rich in musk, Bezos, and Zuckerberg
He has returned to about 322 billion dollars amid a segment in Tesla shares due to late sales and incredible guidance amid the participation of political musk and its role in Trump administration.
The departure of musk from the administration stimulated a modest recovery to nearly $ 384 billion.
Get Fox Business on the Go by clicking here
The pure value of both Musk and Elison is closely related to the price of Tesla and Oracle, respectively.
https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2023/09/0/0/Larry-Ellison-Oracle-speech.jpg?ve=1&tl=1
Source link