Oracle co-founder Larry Ellison becomes the world’s second richest man


Summary

  • Oracle co-founder Larry Ellison surpasses Bezos and Zuckerberg to become the richest person in the world
  • His $275.9 billion wealth dollar was driven by Oracle’s booming cloud and AI business, and stock rose 32% in June
  • Ellison’s net worth rose by more than $56 billion in June, close to Elon Musk

Among the richest individuals in the world, Larry Ellisonco-founder and chairman Oraclehas officially risen to become the second richest man in the world. Driven by the success of Oracle’s cloud computing business, this huge climb has made Ellison’s wealth more than those Amazon Founder Jeff Bezos and Yuan CEO Mark Zuckerberg.

Ellison’s net worth has experienced a staggering surge, with an estimated $275.9 billion as of July 2025. This impressive growth, including more than $56 billion since early June, is largely attributed to a significant increase in Oracle’s stock price, which is a significant increase in Oracle’s stock price, which is actually 32% in June, thanks to strong revenue coverage and Accelrise free free files and has won demand from Accelers. AI Solutions and cloud infrastructure.

This new ranking will lead Ellison to a firm fall behind Tesla and SpaceX CEO Elon Muskthey currently occupy the top spot. Meanwhile, Mark Zuckerberg Forbes Real-time billionaires ranking.

Ellison is an 80-year-old Tech Titan who co-founded Oracle in 1977, and his company evolved from a database software company to a global cloud computer. His large amount of ownership stake (almost 41% of Oracle’s stock) directly translates the company’s financial victory into his personal wealth. This achievement underscores the dynamic nature of the elite destiny of the tech industry, where innovations in areas such as AI and Cloud Services can quickly reshape the global wealth landscape.



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *