Nobody was in a better mood last week than Larry Ellison – the oracle Co -founder shot up Forbes’ Billionaires ranking List that reaches second place, directly under his close friend Elon Musk.
Ellison’s assets are now at 250.9 billion US Earnings report triggered its shares to bring them.
With about 41% of Oracle’s shares in his name, the Cloud Computing Mogul saw in a few days by over 40 billion US dollars. On Thursday last week, his assets grew by $ 25 billion and rose by another 16 billion US Forbes.
Now Ellison has overtaken the founder of Amazon, Jeff Bezos, who is currently $ 229 billion, and Mark Zuckerberg, who has a net assets of 240 billion US dollars, overtaken in the billionaires club.
The only person he has not yet reached is Elon Musk – Elison’s close friend, who is still the richest man in the world with a wealth of $ 405 billion. There are almost 155 billion US dollars between their net assets, so Ellison has cut out his work for him if he ever hopes to reach number one.
The Oracle Stock Rasing, which Ellison wore a fortune of 250 billion US dollars
Last Wednesday, the afternoon results for the Cloud Computing Company were called “water sheath” moment. It was also a big moment for Ellison’s wallet.
The report shows the total turnover of Oracle for the 2025 financial year by 8%and achieved a whopping 57.4 billion US dollars. The adjusted profit per share of USD $ 1.70 exceeded the expectations of Wall Street and its unprecedented sales of $ 15.9 billion. One day after the publication of these figures, Oracle’s share rose by 13% – and on Friday in the afternoon it rose by another 7% to a record of $ 215 per share.
Ellison, the chairman and CTO of Oracle, then enjoyed an 11-digit increase in net assets. Last Tuesday afternoon, the day before Cloud Computing Titan, Ellison’s net assets were $ 213 billion.
While the 80-year-old entrepreneur is currently feeling at the top of the world, it is not foreseeable where he will be in 2026. The wealth of the billionaire is constantly Schwankt-Bernard Arnault, founder and CEO of luxury fashion house LVMH, at the beginning of 2024 the world’s richest person with $ 231 billion. Today it is thanks to a net assets of 142 billion US Tomby of shares.
TD Cowen Analyst Derrick Wood said From this month, the 2026 financial year will be an “important point of view” for the company’s cloud infrastructure services, which will be stimulated by “massive demand for AI training workloads”. And Ellison himself sees the promise that lies ahead of us.
“The future of Oracle is bright in this new era of the cloud computing. Oracle will be the Cloud database number one,” Ellison said in the The earnings call from Business’ Finaling last Friday. “Oracle is already thriving in this new era of Cloud Computing and AI, and it’s just the beginning.”
Topping Zuckerberg and Bezos, but behind Muschus
Ellison sees the next year as a new border for Oracle, which could mean another large payout for the manager. But even if he takes number one for the richest person in the world, Musk will probably not have hard feelings – after all, they are good friends.
“I’m not sure Tesla“Ellison said during A 2018 telephone conference with analysts.
Ellison and Musk are two peas in a pod – both successful Tech entrepreneurs with large personalities. The Oracle co -founder has repeatedly defended Muschus, against Public counter reaction that he “does not know what he is doing” and said that he “loved” article about the Tesla founder “smoker dope”.
In 2018, Musk Ellison even appointed his Tesla board. Draw review From critics who argued that it was more difficult to maintain objectivity with friends in corporate committees.
