The stock price of former Warriors stadium naming agent soars, founder surpasses Musk with 393 billion yuan

Basketball 8:26am, 11 September 2025 183

Oracle, the world's largest enterprise software company, soared 42% on Wednesday. The company's founder and chairman Larry Ellison's total net worth reached US$393 billion, surpassing Musk's US$385 billion and becoming the world's richest man.

Oracle officially obtained the 10-year naming rights of the Warriors' former home court (Oakland Arena) in 2006, and renewed its contract until 2019. As the Warriors moved to the Chase Center, Oracle did not renew the contract and the stadium name was changed back to the Auckland Arena.

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