Jakarta, Pintu News – The race for the title of the world’s richest person recently reached a dramatic point when Larry Ellison briefly edged out Elon Musk. The unprecedented rise in Oracle Corporation shares was the main driver.

Today, three outstanding stocks – Oracle (ORCL), Tesla (TSLA), and NVIDIA (NVDA) – are key to wealth that surpasses even the GDP of some countries. Elon Musk and Larry Ellison’s wealth continues to fluctuate along with their companies’ phenomenal stock performance.

Oracle’s performance has astonished many analysts with an annual increase of 98.67%. High demand for artificial intelligence infrastructure and the growth of cloud computing have driven this significant increase. Oracle’s CEO, Safra Catz, revealed that the company had signed four contracts worth billions of dollars with three different customers in the first quarter.
This caused RPO’s contract backlog to increase by 359% to $455 billion. Oracle’s stock rise has shifted the title of the world’s richest man into Ellison’s hands, with the company’s market capitalization exceeding $920 billion. This places Oracle as one of the ten companies with the largest market value today. Oracle’s nearly 100% annualized performance far surpasses most of its competitors.
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Tesla stock is an important component in determining who the richest individuals in the world are. Although Tesla has experienced higher volatility compared to Oracle’s steady performance in recent months, Tesla’s stock price of $347.79 per share reflects market sentiment towards electric vehicles in general and the production goals pursued by the company.
Elon Musk’s wealth fluctuates daily based on the movement of Tesla stock, which has been the main driver of his wealth for years. The company’s market valuation continues to represent hundreds of billions of dollars of wealth creation, despite facing some recent challenges.

NVIDIA’s transformation into an artificial intelligence powerhouse has also yielded significant results, with the company recording an impressive 32.07% annualized performance. The semiconductor giant’s 10-year annualized performance of 78.12% shows how continued wealth creation has driven valuations to levels unimaginable just a few years ago.

Ben Reitzes of Melius Research commented on Oracle’s revenue, “We’ll be talking about this for a long time.” Oracle’s CEO, Safra Catz, emphasized the company’s dominance, “Clearly, we’ve had a great start to the year as Oracle has become the premier place for AI workloads.”

The battle for the title of the world’s richest man reflects broader market trends, with AI-focused companies getting premium valuations at the moment. These three stocks have fundamentally changed the global distribution of wealth, creating wealth that surpasses the economic output of most countries.
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