The battle among billionaires for bragging rights as the world’s richest person got heated on Wednesday with the surprising surge of an old contender: Larry Ellison.
In a stunning few minutes after markets opened, stock in Ellison’s Oracle rocketed more than a third, enough for him to temporarily wrest the title from its long-time 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, according to…The battle among billionaires for bragging rights as the world’s richest person got heated on Wednesday with the surprising surge of an old contender: Larry Ellison.
In a stunning few minutes after markets opened, stock in Ellison’s Oracle rocketed more than a third, enough for him to temporarily wrest the title from its long-time 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, according to…  Read More ​Business – South China Morning Post