Oracle’s Larry Ellison Overtakes Bezos & Zuckerberg, Becomes World’s 2nd Richest Person
In a shocking turn of events, Oracle Chairman and CTO Larry Ellison has surpassed billionaires Jeff Bezos and Mark Zuckerberg to become the world’s second richest person, according to Forbes’ real-time billionaires list. At the age of 80, Ellison’s net worth has risen to an astonishing $258.8 billion, placing him behind only Tesla CEO Elon Musk.
The sudden surge in Ellison’s fortune can be attributed to Oracle’s stocks rallying over the past week. The company’s shares have seen a significant increase in value, resulting in a substantial boost to Ellison’s net worth. This remarkable turn of events has sent shockwaves through the business and financial communities, with many experts left wondering what factors contributed to Oracle’s sudden success.
Ellison’s ascension to the number two spot on the richest people in the world list is a testament to his remarkable business acumen and leadership skills. As the co-founder, chairman, and CTO of Oracle, Ellison has been instrumental in the company’s growth and success. Under his guidance, Oracle has become one of the largest and most successful technology companies in the world.
Larry Ellison’s journey to becoming the world’s second richest person is a remarkable one. Born in 1944, Ellison dropped out of the University of Chicago at the age of 20 to pursue a career in business. He co-founded Oracle in 1977 with two other partners, and the company quickly gained popularity for its innovative database management systems.
Throughout his career, Ellison has been known for his ruthless business tactics and his ability to adapt to changing market conditions. He has been involved in several high-profile feuds with competitors, including a long-standing rivalry with Microsoft founder Bill Gates.
Despite his tough exterior, Ellison has also been known for his philanthropic efforts. He has donated millions of dollars to various charitable causes, including education and healthcare organizations. In 2010, he donated $250 million to the University of California, San Francisco to establish theLarry Ellison Foundation.
Ellison’s rise to the number two spot on the richest people in the world list is a significant milestone in his career. He has long been one of the most successful and influential figures in the technology industry, and his success is a testament to his hard work and dedication.
The fact that Ellison has surpassed both Bezos and Zuckerberg to become the world’s second richest person is a remarkable achievement. Bezos, the founder of Amazon, has long been one of the richest people in the world, with a net worth estimated to be over $200 billion. Zuckerberg, the co-founder and CEO of Facebook, has also been one of the richest people in the world, with a net worth estimated to be over $100 billion.
Ellison’s success is a reminder that, in the world of business, anything is possible with hard work, determination, and a bit of luck. His rise to the top of the richest people in the world list is a testament to his remarkable business acumen and leadership skills, and it will be interesting to see what the future holds for him and Oracle.
In conclusion, Larry Ellison’s ascension to the number two spot on the richest people in the world list is a remarkable achievement. His success is a testament to his hard work, determination, and business acumen, and it will be interesting to see what the future holds for him and Oracle.
