Larry Ellison briefly tops Elon Musk as world's richest person

Oracle co-founder Larry Ellison briefly surpasses Elon Musk as the world's richest person, with a fortune of $393 billion. Ellison's wealth spike was fueled by Oracle's shares surging over 40% due to positive outlooks for its cloud infrastructure and artificial intelligence businesses. Despite the brief lead, Musk regained the top spot after a drop in Oracle's share price. Musk's position as the richest person was notable prior to this shift, and he continues to be in the spotlight due to his ambitious targets and Tesla's performance amid challenges in the electric vehicle market.