NEW YORK (AP) — The battle among billionaires for bragging rights as the world's richest person got heated Wednesday with the surprising surge of an old contender: Larry Ellison.
In a stunning few minutes after markets opened, stock in Ellison's Oracle Corp. rocketed more than a third, enough for him to temporarily wrest the title from its longtime holder Elon Musk and hand it to the software giant's co-founder.
But the stock market is fickle, and Musk was back on top by the end of the day, at least according to Bloomberg, as Oracle gave up a bit of its earlier gains.
For those keeping score, the difference now is a billion, which isn't much given the size of the figures: Musk’s $384.2 billion versus $383.2 billion for Ellison.
The dueling fortunes are so big each could fund the lifest