September 10th must have hit Elon Musk hard when he heard the news that he was no longer the richest man in the world. Larry Ellison, Oracle’s co-founder, knocked him out of the top spot, possibly leaving him in tears.
Meanwhile, the reaction of Elon’s ex-best friend, Trump, may not contain even an ounce of sadness. He was likely smirking and thinking about his next Truth Social rant on McDonald’s order.
Ever since the two got into a public spat, they may not feel empathetic towards each other’s struggles. Musk even went ahead to start his new political party, announcing it on Independence Day.
Everyone knows Trump and Musk have been at odds since they disagreed the big, beautiful bill. Musk had argued it undermined his work at DOGE. Furthermore, Trump removed EV mandates impacting Musk’s Tesla business.
Elon Musk just lost his title as world’s richest person – CNN. So the richest man in the world owns Paramont + and CBS. That doesn’t seem like a good idea it feels a lot like Russia. https://t.co/AnXiR4mnlE
— Peter O’Fallon (@PeterOFallon1) September 10, 2025
Larry Ellison, who owns 40% of the company, gained $101 billion as the stock price increased exponentially. This brought his fortune to $393 billion while Musk’s wealth was at $385 billion. However, this was a short-lived title for Ellison.
By the end of the day the share prices got down again, putting Musk back at the world’s richest person, the title he has had for almost a year now. In the next few months, Musk could also reach trillionaire status, a first, thanks to a new hefty pay check.
In 1990, this guy lost $790 MILLION of his net worth in 6 months.
Cooked books, fraudulent products, SEC knocking on the front door.
Last week, he stole Elon Musk’s title as RICHEST man in the world.
Here’s how Larry Ellison turned $2,000 → $400B+ software empire:🧵 pic.twitter.com/9SpI07MKvK
— Fox Lorber (@foxlorber) September 17, 2025
Musk plans to colonize Mars while also expanding Tesla to add to his current net worth. However, Tesla’s shares are unpredictable as their values dipped earlier this year.
RICHEST MAN IN THE WORLD:
Elon Musk has lost his title as the world’s richest person to Larry Ellison, the co-founder of Oracle and an ally of US President Donald Trump. pic.twitter.com/E4KkNver3o— Aludaonline (@aludaonline) September 10, 2025
With the news, Trump may have been thrilled seeing Larry at the top as he has been a MAGA ally. So Musk helped secure funds for the campaign for Trump, and Ellison may end up doing the same when the time comes.
Ellison has also promised to make US’ AI infrastructure as he appeared with OpenAI’s Sam Altman and SoftBank’s Masayoshi Son about the new project. Trump has also supported Ellson as he responded, ‘I’d like Larry to buy it, too,’ when the rumor of Musk buying TikTok was going on.
