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Larry Ellison, Oracle co-founder, has surpassed Elon Musk as the world's richest person. Ellison's net worth surged by $101 billion to $393 billion following Oracle's strong Q1 earnings, driven by soaring demand for its AI-related data center capacity. Oracle's stock jumped 40% on news of multibillion-dollar contracts with AI customers. This marks the biggest one-day wealth increase ever recorded by Bloomberg's Billionaire Index. Musk previously held the title, losing it briefly to others in the past.

Prepared by Christopher Adams and reviewed by editorial team.