Oracle’s Larry Ellison Overtakes Bezos & Zuckerberg, Becomes World’s 2nd Richest Person
In a stunning 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 a staggering $258.8 billion, marking a significant jump in his fortune over the past week.
Ellison’s remarkable rise to the second spot on the list is attributed to the impressive rally of Oracle’s stocks over the past week. The company’s shares have surged, contributing to the significant increase in Ellison’s net worth. This development has sent shockwaves through the financial and tech communities, as it marks a significant shift in the pecking order of the world’s richest individuals.
Forbes’ real-time billionaires list has been tracking the net worth of the world’s richest individuals in real-time, providing a snapshot of their current financial situation. According to the latest figures, Elon Musk remains the richest person in the world, with a net worth of approximately $310 billion. However, Oracle’s Larry Ellison has now taken the second spot, leaving Bezos and Zuckerberg behind.
Jeff Bezos, the founder of Amazon, has seen his net worth drop to $203.7 billion, while Mark Zuckerberg, the CEO of Facebook, has a net worth of $123.2 billion. These figures are subject to change, as the list is updated in real-time to reflect changes in the market and the net worth of the individuals.
Oracle’s impressive stock performance has been driven by the company’s strong financial performance and its ability to adapt to the changing landscape of the tech industry. The company has been a leader in the enterprise software space, providing a range of solutions and services to businesses around the world.
Ellison’s remarkable rise to the second spot on the list is a testament to his vision and leadership, as well as the company’s ability to innovate and adapt to changing market conditions. The 80-year-old entrepreneur has been at the helm of Oracle for over three decades, guiding the company through periods of rapid growth and transformation.
For those who may be surprised by Ellison’s sudden rise to the second spot on the list, it’s worth noting that he has been quietly building his fortune over the years. Ellison has been a shrewd investor, with a keen eye for spotting opportunities in the tech industry. He has also been a vocal advocate for the company, often speaking out on issues related to technology and the economy.
In conclusion, Oracle’s Larry Ellison has made a remarkable ascent to the second spot on the list of the world’s richest individuals, surpassing Bezos and Zuckerberg in the process. His net worth is now estimated to be $258.8 billion, making him one of the richest individuals in the world. This development serves as a reminder of the importance of adaptability and innovation in the tech industry, as well as the impact that visionary leaders can have on the economy and society.
