Has Larry Ellison Surpassed Zuckerberg and Bezos to Become the World’s 2nd Richest?
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Synopsis
Larry Ellison's remarkable rise to become the second richest person in the world has shocked many, eclipsing tech giants Mark Zuckerberg and Jeff Bezos. His wealth surge follows Oracle's impressive earnings, showcasing the company's solid position in the tech industry. What does this mean for the future of Oracle and its AI initiatives?
Key Takeaways
- Larry Ellison is now the world’s second richest person.
- His net worth has risen to $258.8 billion.
- Oracle's stock surged following strong earnings.
- Ellison has played a key role in AI initiatives.
- He continues to lead Oracle at the age of 80.
New Delhi, June 15 (NationPress) Larry Ellison, Co-founder and Chairman of Oracle Corporation, has ascended to the position of the world’s second richest individual, surpassing Meta CEO Mark Zuckerberg and Amazon founder Jeff Bezos.
This remarkable leap in his wealth ranking follows a robust earnings report from Oracle, which significantly boosted the company’s stock price.
As per the latest updates from Forbes’ real-time billionaire rankings on June 15, Ellison’s net worth has climbed to $258.8 billion, placing him just behind Tesla CEO Elon Musk, who holds the title of the world’s richest person with a net worth of $410.8 billion.
Only two months prior, Ellison ranked fourth on Forbes’ annual billionaire list published in April 2025, with a net worth of $192 billion.
His wealth has surged by approximately $66.8 billion within this short span, primarily driven by the increase in Oracle’s stock value.
On June 13, Oracle's stock experienced a significant rise following the announcement of impressive financial results.
Oracle reported earnings of $1.70 per share, supported by revenues of $15.9 billion. The shares closed at $200 each.
Recently, Oracle has played a pivotal role in the U.S. government’s initiative for AI development under President Donald Trump’s Project Stargate, collaborating with OpenAI and SoftBank.
Ellison has actively shared his vision for Oracle’s AI capabilities, proposing that AI could usher in a new era of oversight, where technology plays a vital role in enhancing public behavior through continuous monitoring and reporting.
At the age of 80, Ellison continues to serve as Oracle’s Chairman and Chief Technology Officer. He established the company in 1977 and held the position of CEO until 2014.
Under his guidance, Oracle has expanded through numerous significant acquisitions, including the $28.3 billion acquisition of health technology firm Cerner in 2021.
With this substantial increase in wealth, Ellison has now pushed Zuckerberg, aged 43, to third place with a net worth of $235.7 billion.
Meanwhile, Bezos, who is 61, has dropped to fourth with $226.8 billion, and is currently in the spotlight due to his forthcoming marriage to Lauren Sanchez.
Legendary investor Warren Buffett, now retired at 94, completes the top five richest individuals with a net worth of $152.1 billion.
Point of View
It's essential to recognize the remarkable journey of Larry Ellison, whose innovations and leadership in Oracle have positioned him among the world's wealthiest. His recent leap in wealth signifies not only personal success but also underscores the pivotal role that technology companies play in shaping the global economy. NationPress remains committed to providing nuanced insights into such transformative events.
NationPress
15/06/2025
Frequently Asked Questions
How did Larry Ellison become the second richest person?
Larry Ellison's wealth surged due to Oracle's strong earnings report, which significantly increased the company's stock price.
What is Larry Ellison's current net worth?
Larry Ellison's net worth currently stands at $258.8 billion.
Who are the top three richest people now?
As of now, the top three richest individuals are Elon Musk, Larry Ellison, and Mark Zuckerberg.
What role does Oracle play in AI development?
Oracle is actively involved in AI development, collaborating with the U.S. government under Project Stargate.
What significant acquisitions has Oracle made?
One of Oracle's major acquisitions was the $28.3 billion purchase of health tech company Cerner in 2021.
