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. The 80-year-old’s current net worth is estimated to be a staggering $258.8 billion, making him the second richest person in the world, behind only Tesla CEO Elon Musk.
Ellison’s fortune reportedly rose after Oracle’s stocks rallied over the past week, with the company’s shares surging by over 10%. This remarkable surge in value has catapulted Ellison to the second spot on the list, leaving Bezos and Zuckerberg in his wake.
Forbes’ real-time billionaires list is widely regarded as the most authoritative measure of the world’s richest individuals. The list is compiled using data from a variety of sources, including financial statements, stock prices, and other market data.
Ellison’s remarkable rise to the top of the list is a testament to his enduring success as a business leader. As the co-founder and CTO of Oracle, Ellison has played a key role in the company’s growth and development over the past several decades. Under his leadership, Oracle has become one of the largest and most successful technology companies in the world.
Bezos, the founder of Amazon, had previously held the second spot on the list, with a net worth of around $206 billion. Zuckerberg, the co-founder and CEO of Facebook, had been in third place, with a net worth of around $134 billion. Both Bezos and Zuckerberg have been among the world’s richest individuals for many years, but Ellison’s recent surge has seen him overtake them in the rankings.
It’s worth noting that Ellison’s net worth is still a significant distance behind that of Elon Musk, who has held the number one spot on the list for several months. Musk’s net worth is estimated to be over $300 billion, making him the richest person in the world.
Ellison’s rise to the second spot on the list is a significant milestone in his career, and it’s a testament to his enduring success as a business leader. Despite being 80 years old, Ellison remains actively involved in Oracle’s operations, and his leadership has been instrumental in the company’s continued growth and success.
The news of Ellison’s rise to the second spot on the list has sent shockwaves through the business and financial communities. Many experts are predicting that Ellison’s net worth will continue to grow in the coming months and years, as Oracle’s stock price is expected to continue to rise.
In conclusion, Larry Ellison’s recent surge in net worth has seen him become the world’s second richest person, behind only Elon Musk. His remarkable rise to the top of the list is a testament to his enduring success as a business leader, and it’s a reminder of the importance of perseverance and hard work in achieving success.
