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 behind Tesla CEO Elon Musk, according to Forbes’ real-time billionaires list. The 80-year-old’s current net worth is estimated to be $258.8 billion, it stated. His fortune reportedly rose after Oracle’s stocks rallied over the past week.
Ellison’s remarkable rise to the second spot on the list marks a significant milestone in his illustrious career. As the co-founder and CTO of Oracle, Ellison has been instrumental in guiding the company’s growth and success. Under his leadership, Oracle has become one of the largest and most successful technology companies in the world.
Bezos, who has held the second spot on the list for several years, has seen his net worth decline slightly due to his divorce and the decline in Amazon’s stock price. Zuckerberg, who has also been a contender for the second spot, has also seen his net worth decline slightly due to the decline in Facebook’s stock price.
Ellison’s rise to the second spot is not only a testament to his business acumen and leadership skills but also a reflection of Oracle’s continued success and growth. Oracle’s stock has been on a tear over the past year, with the company’s revenue and profits growing consistently.
Oracle’s success can be attributed to its diverse range of products and services, including its cloud infrastructure, software, and hardware. The company has also made significant investments in emerging technologies such as artificial intelligence, machine learning, and blockchain.
Ellison’s net worth has been estimated to be $258.8 billion, making him the second richest person in the world. He is followed by Elon Musk, who has a net worth of $293.3 billion. The top 10 richest people in the world, according to Forbes, are:
- Elon Musk – $293.3 billion
- Larry Ellison – $258.8 billion
- Jeff Bezos – $193.5 billion
- Mark Zuckerberg – $123.3 billion
- Bill Gates – $113.3 billion
- Warren Buffett – $102.3 billion
- Amancio Ortega – $85.4 billion
- Bernard Arnault – $84.5 billion
- Carlos Slim Helú – $74.4 billion
- Michael Bloomberg – $73.3 billion
Ellison’s rise to the second spot on the list is a testament to his enduring success and his ability to adapt to changing market conditions. As Oracle continues to grow and evolve, it will be interesting to see how Ellison’s net worth continues to fluctuate.
In conclusion, Larry Ellison’s rise to the second richest person in the world is a remarkable achievement that underscores his business acumen and leadership skills. As Oracle continues to grow and evolve, it will be interesting to see how Ellison’s net worth continues to fluctuate.
