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Larry Ellison dislodges Elon Musk as world’s richest person

Oracle co-founder’s shares rose by 40% in early trading, valuing his fortune at $393bn, just ahead of Musk’s $384bnUS tech billionaire Larry Ellison has overtaken Elon Musk as the world’s richest person after shares in Oracle, the business he co-founded, rocketed in early trading on Wednesday.Ellison’s wealth has surged after the company, in which he owns a stake of 41%, reported better than expected financial results. Continue reading...

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