00:00Oracle co-founder Larry Ellison became the world's richest person Wednesday
00:04after a surge in Oracle stock pushed his net worth to $393 billion, surpassing Elon Musk.
00:12The boost came on the heels of a blockbuster earnings report fueled by massive AI-related orders,
00:19while Tesla shares have fallen 14% this year.
00:23Depending on the valuation method, some trackers like Forbes still have Musk on top,
00:29but Ellison's gain highlights the staggering scale of his fortune,
00:33enough to fund the entire population of Florida for a year at median U.S. income.
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