Oracle shares rose more than 5% on Monday, making Chairman Larry Ellison the world’s second-richest person, surpassing Amazon founder Jeff Bezos. Since Friday’s close. Ellison’s net worth jumped more than $8 billion to over $200 billion since Friday's close, compared to Bezos' more than $200 billion net worth. Tesla CEO Elon Musk remains the richest, with over $250 billion. The stock is up 20% for the month, driven by Oracle’s role in the AI boom and strategic cloud partnerships.
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00:00It's Benzinga, and here's what's on the block.
00:02Oracle shares rose more than 5% on Monday, making Chairman Larry Ellison the world's
00:07second richest person, surpassing Amazon founder Jeff Bezos.
00:11Ellison's net worth jumped more than $8 billion to over $200 billion since Friday's
00:16close, compared to Bezos' more than $200 billion net worth.
00:20Tesla CEO Elon Musk remains the richest with over $250 billion.
00:25The stock is up 20% for the month driven by Oracle's role in the AI boom and strategic
00:29cloud partnerships.
00:30For all things money, visit Benzinga.com.