David Ellison's Paramount Skydance is the leading contender to acquire Warner Bros. Discovery, despite an initial offer being rejected. The potential deal could be worth up to $74 billion, making it the largest in the media industry in the last decade.
Elon Musk, the founder of Tesla and SpaceX, has become the first person in the world whose net worth has reached $500 billion. His fortune stands at $499.1 billion as of October 1, 2025, surpassing Larry Ellison by $150 billion.
Elon Musk spent about $1 billion to acquire Tesla shares, which led to a nearly 6% rise in the electric car manufacturer's securities. Investors reacted positively to this move, seeing it as Musk's faith in the future of the business.
Larry Ellison's fortune grew by $101 billion, reaching $393 billion. This allowed him to become the richest person in the world for the first time, surpassing Elon Musk.
Pop Mart CEO Wang Ning, creator of the Labubu toy, ranked 86th in the Bloomberg Billionaires Index. His fortune has grown more than threefold, reaching 27.5 billion US dollars.
Larry Ellison for the first time took second place among the world's richest people, surpassing Mark Zuckerberg. This happened after the rise in Oracle Corp shares, which increased his fortune to $251.2 billion.
