NewKerala.com

Key Points

Oracle co-founder Larry Ellison has dramatically risen to become the world's second richest person, surpassing tech titans Mark Zuckerberg and Jeff Bezos. His wealth surge of $66.8 billion in just two months is primarily driven by Oracle's strong financial performance and strategic AI investments. At 80, Ellison remains a pivotal figure in technology, serving as Oracle's Chairman and Chief Technology Officer. His remarkable financial trajectory underscores the continued dynamism of tech industry leadership and personal wealth creation.

Key Points: Larry Ellison Overtakes Zuckerberg Bezos in Billionaire Wealth Surge

  • Oracle's strong earnings drive Ellison's massive wealth increase
  • Ellison ranks second globally behind Elon Musk
  • Company's AI developments contribute to financial success
  • Tech billionaire maintains active role at 80
2 min read

Larry Ellison becomes world's 2nd richest person​, surpasses Zuckerberg and Bezos

Oracle's Larry Ellison jumps to world's 2nd richest person, gaining $66.8B in two months with soaring tech stocks and AI investments.

"AI will bring a new era of monitoring, where technology will help improve public behaviour - Larry Ellison"

New Delhi, June 15

Oracle Corporation's Co-founder and Chairman, Larry Ellison, has now become the world's second richest person, overtaking Meta CEO Mark Zuckerberg and Amazon founder Jeff Bezos.

This big jump in his ranking comes after a strong earnings report from Oracle, which pushed the company's share price higher.

According to Forbes' real-time billionaire rankings updated on June 15, Ellison's net worth rose to $258.8 billion, putting him just behind Tesla CEO Elon Musk, who remains the world's richest person with a net worth of $410.8 billion.

Just two months ago, in Forbes' annual billionaire list released in April 2025, Ellison was in the fourth spot with a net worth of $192 billion.

This means he has gained around $66.8 billion in only two months, mainly due to the rise in Oracle's stock.

The company's stock saw a big jump on June 13 after it reported strong financial results.

Oracle posted earnings of $1.70 per share on revenue of $15.9 billion. The shares closed at $200 each.

Oracle has recently played a key role in the United States government's push for AI development under President Donald Trump's Project Stargate, alongside OpenAI and SoftBank.

Ellison has been vocal about Oracle's AI vision, even suggesting that AI will bring a new era of monitoring, where technology will help improve public behaviour through constant recording and reporting.

At 80, Ellison still serves as Oracle's Chairman and Chief Technology Officer. He founded the company in 1977 and served as its CEO until 2014.

Under his leadership, Oracle has grown through several major acquisitions, including the $28.3 billion purchase of health tech company Cerner in 2021.

With this sharp rise in wealth, Ellison has pushed Zuckerberg, 43, to the third spot with a net worth of $235.7 billion.

Bezos, 61, now ranks fourth with $226.8 billion. He is currently in the news due to his upcoming marriage to Lauren Sanchez.

Legendary investor Warren Buffett, now retired at 94, rounds off the top five richest list with $152.1 billion.

- IANS

Share this article:

Reader Comments

R
Rahul K.
Impressive growth for Oracle! But I wonder how much of this AI monitoring vision aligns with privacy rights. In India, we've seen both benefits and concerns with Aadhaar. Hope tech billionaires consider ethical implications. 🤔
P
Priya M.
Amazing to see an 80-year-old still leading tech innovation! In our culture, we respect elders' wisdom. Maybe Silicon Valley could learn something from our joint family values. Ellison proves age is just a number! 👴💻
A
Arjun S.
$66 billion in 2 months?! That's more than many Indian states' budgets. While impressive, such wealth concentration raises questions. Hope some of this money goes to solving real problems like climate change.
S
Sneha R.
Oracle has many Indian employees and clients. Good to see their success indirectly benefits our economy too. Maybe next time an Indian will top this list - Ambani or Adani? 😊
V
Vikram J.
The AI monitoring idea sounds scary - reminds me of Black Mirror episodes. In India we value our freedom. Technology should empower, not control people. Hope our government keeps this in mind while adopting such tech.
N
Neha P.
Interesting to see tech fortunes fluctuate so rapidly. Just shows how volatile this sector is. Meanwhile in India, traditional businesses like Tata have shown more stable growth over decades. Different paths to success!

We welcome thoughtful discussions from our readers. Please keep comments respectful and on-topic.

Leave a Comment

Minimum 50 characters 0/50