Wired: Ellison Claims Richest Man Title

[ Thanks to Dave
for this link. ]

“What a crappy day for Bill Gates. First word gets out that the
feds want to bust up his company, then a bunch of analysts
downgrade his stock, which tanks, and then …. Then, the capper —
he loses his title as world’s richest man to his number one
swaggering nemesis, Larry Ellison.”

“That’s right — as we predicted last week, Larry Ellison has
bested Gates to become the world’s big financial banana, at least
for the moment.”

“As of market close Monday, Ellison’s 689,706,050 shares of
Oracle were worth a hair less than $50 billion. Gates 740,964,300
shares of Microsoft, meanwhile, dwindled in value to $49.4 billion
— pushed down in no small part by the antitrust assault Ellison
helped orchestrate.”


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