Elon Musk Pulls a Remontada to Reclaim World’s Richest Crown from Larry Ellison

Elon Musk just pulled a Remontada in the billionaire league, losing his crown for a few hours only to snatch it back before the ref could even blow the whistle.

According to Bloomberg, Oracle co-founder Larry Ellison briefly overtook Musk on Wednesday, riding a surge in Oracle’s stock that momentarily catapulted him to the very top of the world’s rich list. For a hot second, Ellison was the striker who came off the bench and stunned the crowd with a surprise goal, his net worth spiking by about $101 billion in a single day, reaching roughly $393 billion, compared to Musk’s $385 billion.

But billionaires don’t play fair. By the market’s close, the ball had bounced back into Musk’s court. Tesla’s boss reclaimed his No. 1 spot, with Ellison slipping just behind him again. In football terms, Musk basically conceded early, regrouped, and then scored a last-minute winner to remind everyone why he’s still captain of this very elite squad.

Ellison, of course, isn’t exactly walking away empty-handed. The Oracle chairman has seen his fortune balloon this year thanks to investors betting big on the company’s AI and cloud potential. But Musk’s wealth, tied heavily to Tesla, SpaceX, and xAI, remains as volatile as a Champions League knockout match.

One thing is certain: the billionaire table is starting to look less like a fixed leaderboard and more like a Premier League title race, with sudden swings, surprise goals, and the occasional VAR check. For now, Elon Musk has reclaimed his spot at the top. But with fortunes shifting as fast as transfer rumors, don’t be surprised if the whistle blows again, and another name flashes on the scoreboard.