Elon Musk briefly ceded his position as the world’s richest person to Oracle co-founder Larry Ellison, a close ally of US President Donald Trump. According to the Bloomberg Billionaires Index, Ellison’s net worth surged to $393 billion on September 10 (IST), overtaking Musk’s $385 billion. The rise was fueled by Oracle shares soaring over 40%, thanks to strong optimism around its cloud infrastructure business and artificial intelligence (AI) partnerships. However, by the end of the trading day, Oracle’s stock pulled back slightly, trimming Ellison’s gains and restoring Musk to the top spot as the world’s wealthiest individual.
According to Forbes, here are the top 5 billionaires (as of September 11, 2025):
