Larry Ellison’s $89 Billion One-Day Wealth Boom Shatters Records

Larry Ellison briefly surpassed Elon Musk to become the world’s richest person Wednesday after a jump in Oracle Corp. shares added a record amount to his fortune.

Larry Ellison

Photographer: David Paul Morris/Bloomberg

Ellison’s wealth soared $89 billion after Oracle reported quarterly results that surpassed analysts’ expectations and said there’s more growth to come.

The increase lifted his total net worth to $383.2 billion, according to the Bloomberg Billionaires Index. It’s the biggest one-day increase ever recorded, and put him ahead of Musk for much of the day before the Tesla Inc. CEO edged back into pole position by $1 billion.

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