India, Sept. 10 -- Larry Ellison now has a net worth that rivals that of Elon Musk, the world's richest person, on divergent fortunes for their companies.

His fortune soared $70 billion after Oracle Corp. reported quarterly results that surpassed expectations and said there's more growth to come. The increase lifted his total net worth to $364 billion, within striking distance of Musk who sits at $384 billion, according to the Bloomberg Billionaires Index.

If Ellison's gain remains when trading begins on Wednesday, it'll be the biggest one-day increase ever recorded by the index.

Musk became the world's richest person for the first time in 2021 before losing the title to Amazon.com Inc.'s Jeff Bezos and LVMH's Bernard Arnault. He recla...