US tech titans Elon Musk, Mark Zuckerberg and Jeff Bezos are taking a prominent place in the new Trump era, but another player from another era -- Oracle boss Larry Ellison -- is making a surprise return.

The world could soon see its first trillionaires, with five individuals projected to reach the milestone within the next decade if current trends persist, according to Oxfam's annual inequality report released Sunday reported CNN Business.

What is Larry Ellison's net worth in 2025? What are the secrets behind the 80-year-old from New York City, who is currently considered the second-wealthiest man in the world behind

Washington (AFP) – US tech titans Elon Musk, Mark Zuckerberg and Jeff Bezos are taking a prominent place in the new Trump era, but another player from another era -- Oracle boss Larry Ellison ...

WASHINGTON: US tech titans Elon Musk, Mark Zuckerberg and Jeff Bezos are taking a prominent place in the new Trump era, but another player from another era – Oracle boss Larry Ellison – is ...

A tech selloff led by Chinese AI developer DeepSeek erased $108 billion from the wealth of the world’s richest, with Nvidia’s Jensen Huang losing $20.1 billion. Despite losses, some like Zuckerberg and Bezos saw their fortunes rise significantly amid the AI boom.

DeepSeek AI, a cost-effective language model from China, outshines ChatGPT with fewer resources and lower costs. The tech-sector giants collectively experienced a loss of $94 billion in wealth, accounting for about 85% of the total drop in the Bloomberg index.

Nvidia's Huang, Oracle's Ellison and ex-Binance CEO CZ were hit hard, though Meta's Zuckerberg and Amazon's Bezos escaped unscathed The world's 500 richest people, led by Nvidia Corp. co-founder Jensen Huang,

The sell-off was triggered by Chinese AI developer DeepSeek, whose model requires less than $6 million worth of computing power from Nvidia H800 chips.

After DeepSeek R1's impressive performance, global tech-sector titans as a group saw $94 billion of wealth evaporate — roughly 85 per cent of the Bloomberg index's total decline.

On Monday, the global tech market took a significant hit, with the collective wealth of the world’s 500 richest individuals plummeting by $108 billion. The primary driver of this loss was a sudden market shift triggered by DeepSeek,

The rise of Chinas DeepSeek AI assistant has sent shares of Western tech companies tumbling The worlds 500 richest people lost a t