Larry Ellison surpasses Zuckerberg and Bezos, becomes world’s 2nd richest person.

Larry Ellison, the Co-founder and Chairman of Oracle Corporation, has achieved the esteemed status of becoming the world’s second richest individual, surpassing both Meta CEO Mark Zuckerberg and Amazon founder Jeff Bezos. This remarkable ascent in his ranking can be attributed to Oracle’s robust financial performance, leading to a surge in the company’s stock price. As per the most recent real-time billionaire rankings by Forbes on June 15, Ellison’s net worth has surged to a staggering $258.8 billion, positioning him just behind Tesla’s CEO Elon Musk, who retains his position as the world’s wealthiest person with a net worth of $410.8 billion.

Merely two months ago, Ellison held the fourth position in Forbes’ annual billionaire list for April 2025, with a net worth of $192 billion. This substantial gain of approximately $66.8 billion in the span of two months underscores the meteoric rise fueled primarily by Oracle’s stock performance. The stock witnessed a significant uptick on June 13 following the robust financial results announced by the company, with earnings per share of $1.70 and revenue amounting to $15.9 billion, culminating in the shares closing at $200 each.

Oracle has played a pivotal role in the United States government’s endeavor to advance artificial intelligence (AI) development through initiatives such as President Donald Trump’s Project Stargate, in collaboration with OpenAI and SoftBank. Ellison has been an ardent advocate of Oracle’s AI vision, envisioning a future where AI facilitates enhanced monitoring capabilities, potentially driving improvements in public behavior through continuous monitoring and reporting mechanisms.

At the age of 80, Ellison continues to serve as Oracle’s Chairman and Chief Technology Officer, having founded the company back in 1977 and helmed its operations as CEO until 2014. Under his stewardship, Oracle has undergone significant growth, marked by strategic acquisitions including the notable $28.3 billion acquisition of health tech company Cerner in 2021. Ellison’s unprecedented accumulation of wealth has propelled Zuckerberg, aged 43, to the third position with a net worth of $235.7 billion, while Bezos, aged 61, now occupies the fourth spot with a net worth of $226.8 billion. Bezos, currently making headlines for his forthcoming marriage to Lauren Sanchez, has seen a shift in his ranking amidst Ellison’s remarkable financial ascent.

The illustrious investor Warren Buffett, now retired at 94, rounds off the top five wealthiest individuals list with a substantial net worth of $152.1 billion, underscoring the dynamic nature of wealth rankings at the highest echelons of global finance.