Larry Ellison surpasses Bezos and Zuckerberg to become second richest due to Oracle's success.

From Yahoo Finance: 2025-06-13 22:31:00

Larry Ellison, co-founder and chairman of Oracle Corporation, has become the world’s second-richest person, surpassing Jeff Bezos and Mark Zuckerberg. Ellison’s net worth jumped by $26 billion to $243 billion, overtaking Bezos and Zuckerberg. This surge came after Oracle’s stock hit a record high following a strong earnings report, with Deutsche Bank analyst Brad Zelnick calling it a “watershed” moment. Analyst Derrick Wood predicts Oracle’s fiscal 2026 will be a major turning point, driven by a surge in demand for AI training workloads. Oracle’s success can be attributed to its strategic positioning in the global AI race, reflected in its recent financial results and upbeat outlook.



Read more at Yahoo Finance: Larry Ellison Overtakes Jeff Bezos, Mark Zuckerberg To Become World’s Second Richest Amid Oracle’s ‘Watershed’ Moment