World’s richest man: Larry Ellison beats Elon Musk
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Elon Musk will continue to be the world's richest man for the foreseeable future, especially if he adds another trillion dollars to his bank account.
Based on his current ownership of 13% of the company, Musk's Tesla shares are worth about $140 billion. Musk has argued that he needs at least 25% of voting control of Tesla to prevent the company from being taken over as it develops highly sensitive and powerful artificial intelligence technology and robots.
Oracle’s breakout year shot the net worth of Larry Ellison to over $350 billion, making him neck and neck with Elon Musk for the world’s richest person. But it’s also soaring the pocketbook of the tech firm’s CEO,