New leader of the richest ranking. Who dethroned Elon Musk?

Elon Musk

Elon Musk has just lost the title of the richest man in the world. According to Bloomberg’s calculations, Larry Ellison took his place.

With property worth $ 393 billion, Larry Ellison is currently the richest man in the world. Bloomberg argues that co -founder Oracle pierced Elon Musk after the last violent increase in his company’s share prices. Not without significance will be the fact that this year the Tesla Elon Muska course dropped by 14 percent.

Larry Ellison the richest man in the world

The change in the ranking led by Bloomberg was possible thanks to the publication of the Oracle financial report after multi -billion orders related to the boom for the development of artificial intelligence. In recent months, American technological leaders, headed by Marek Zuckerberg, have announced huge plans related to AI.

Interestingly, his ranking does not intend to change the competitive “Forbes”. Journalists of this title still place Elon Musk at the top of the richest list and value his assets at $ 439 billion. As experts emphasize, the difference is due to another method of valuation of Musk’s private assets, including SpaceX.

Elon Musk lost his politics?

The turmoil around Elon Musk is of course associated with his recent increased political commitment. For some time, the businessman became very much involved with Donald Trump, supporting his campaign and later the beginning of the rule. He even managed the government efficiency department (Doge), which was supposed to cut costs, but met with enormous criticism and did not bring the desired effects.

Musk’s political adventure negatively affected Tesla’s actions, but strengthened SpaceX. The latter company has benefited from simplifying the regulations on space flights, thanks to which it can talk about accelerating many processes and achieving new goals in space.

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