Larry Ellison, right, was propelled past fellow tech billionaire Elon Musk, left, yesterday to take the crown as the world’s richest person.The value of the Oracle co-founder’s stake in the software group was worth $387bn alone after its shares rose more than 40 per cent following bumper results. Musk’s worth is about $384bn, Bloomberg’s Billionaire Index says.Oracle’s rapid growth caught traders by surprise after it said revenue from its infrastructure unit would jump from $18bn this year to $144bn in five years — nearly 60 per cent higher than the $91bn that Wall Street had expected.Before yesterday’s surge to $334, Oracle’s share price had already gained more than 40 per cent this year. Its market value rose from $466bn at the start of the year to $943bn yesterday.
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