A day increase of 16 billion, worth 135.7 billion US dollars! Why did he become the 5th richest man in the world?

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Wang Ye said financial news: Benefiting from the world's largest enterprise-level software company - Oracle (Oracle) earnings report and financial tests better than expected, just on Friday (10th), Oracle stock price jumped 16%.

The company's stock price soared, and the company's founder, Larry Ellison, rose in value, adding nearly $16 billion in just one day, and eventually soared to $135.7 billion.

$135.7 billion, what is that concept?

This is already the fifth richest man in the world, even surpassing the other two founders of Google, Sergey Brin and Larry Page, who are worth $126.3 billion and $121.7 billion, respectively, in addition, Ellison's personal value is even close to that of Microsoft's founder, Bill Gates (all the 4th richest man).

It is worth mentioning that at the end of last year, Ellison's personal value was only $82.2 billion, and now, his personal value has soared to $120.6 billion.

So the question arises: Why has Ellison's personal value soared to the point of becoming the world's 5th richest man?

In fact, there are two main reasons behind this, specifically:

First, as mentioned above, as Oracle's largest shareholder, Oracle's stock price has soared, and naturally Ellison's personal value has soared.

According to specific data, as the chairman, Ellison currently holds 1.14 billion shares of Oracle, and with the second large increase in Oracle's personal stock price in 20 years, so eventually his personal wealth will rise.

Second, Ellison's personal wealth has soared, in addition to the 59% rise in his own Oracle stock price, in addition, his Tesla (Tesla) shareholding is also an important driver.

In fact, as early as the end of 2018, Ellison became an independent director of Tesla, and as early as 3 years ago, Ellison "bet" on Tesla, in addition, since the end of 2018, Ellison has invested $1 billion in Tesla stock.

Wang Ye said that Finance has previously reported that in the past 3 years, Tesla's market value has soared by nearly 1300%, while Ellison's Tesla holdings are currently worth $16 billion.

Of course, Tesla's stock price has recently pulled back slightly, but so far this year, Tesla's stock price has still risen by 44%.

What do you think about that? What do you think Ellison's personal worth will be next?

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