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Larry Ellison, co-founder of the world's leading technology company Oracle, has surpassed Elon Musk as the richest person in the world.
According to the latest figures, his total wealth has reached $393 billion, a record increase of $101 billion in recent days.
This incredible increase in wealth has pushed him past Tesla and SpaceX founder Elon Musk to the top spot.
Elon Musk is currently worth $385 billion and has now climbed to second place.
The main reason for Ellison's huge rise in wealth is the rapid growth of Oracle and the growing demand for artificial intelligence (AI) in the current era.
Oracle has seen a huge increase in market value in recent years and has made significant advances in artificial intelligence technology, which have directly propelled Ellison's wealth to new heights.
This isn't the first time Elon Musk and Larry Ellison have been close in the wealth race, but this time Ellison has taken the lead and made new history.
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