Elon Musk has retaken his title of world’s richest person from Larry Ellison

Ellison’s 41% stake in Oracle jumped in value to nearly $400 billion at one point on Wednesday, catapulting him past Musk, whose net worth was $383 billion at Tuesday’s close, per the Bloomberg Billionaires Index. However, Oracle shares receded from their peak, closing 36% higher at about $328 on Wednesday. Ellison’s net worth ultimately rose about $89 billion to end the day at $383 billion,Ellison cemented his position as the biggest wealth gainer this year with a $191 billion increase as of Wednesday’s close. Musk led the list of greatest wealth losers with a $48 billion decline this year. Those shifts in fortunes reflect Oracle stock rising 97% and Tesla stock sliding 14% since the start of January.The pair remained far ahead of Meta CEO Mark Zuckerberg and Amazon cofounder Jeff Bezos, in third and fourth place with net worths of $264 billion and $252 billion respectively at Wednesday’s close, per the wealth index. What is your take on Elon Musk’s determination and energy to lead ?