
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.
Ellison’s fortune reportedly rose after Oracle’s stocks rallied over the past week, a significant boost that propelled him to the second spot on the billionaires list. This is a remarkable achievement for the tech industry veteran, who has been a dominant figure in the world of technology for decades.
Forbes’ real-time billionaires list is a closely watched indicator of the net worth of the world’s richest individuals. The list is updated in real-time, taking into account the fluctuations in the stock market, currency exchange rates, and other financial factors that impact the net worth of these billionaires.
Ellison’s rise to the second spot on the list is a testament to his shrewd business acumen and Oracle’s impressive financial performance. The company has been a leader in the enterprise software industry for decades, and its stock has been a steady performer over the years.
Bezos, the founder of Amazon, has been the richest person in the world for several years, but Ellison’s surge in net worth has pushed him to the second spot. Bezos’ net worth is estimated to be around $252.8 billion, according to Forbes.
Zuckerberg, the co-founder and CEO of Facebook, rounds out the top three on the list, with a net worth of around $125.4 billion. Zuckerberg’s net worth has been impacted by the ongoing controversy surrounding Facebook’s handling of user data and the company’s struggles to maintain its dominant position in the social media landscape.
Ellison’s rise to the second spot on the list is a significant achievement, not just for him, but also for Oracle. The company has been a major player in the enterprise software industry for decades, and its continued success is a testament to its ability to adapt to changing market conditions and technology trends.
In recent years, Oracle has made significant investments in cloud computing, artificial intelligence, and other emerging technologies. These investments have paid off, as the company has seen significant growth in its revenue and profits.
Ellison’s net worth is estimated to be around $258.8 billion, making him one of the richest people in the world. He has been a dominant figure in the tech industry for decades, and his success is a testament to his shrewd business acumen and Oracle’s impressive financial performance.
In conclusion, Oracle’s Larry Ellison has surpassed billionaires Jeff Bezos and Mark Zuckerberg to become the world’s second richest person behind Tesla CEO Elon Musk. His net worth is estimated to be around $258.8 billion, according to Forbes’ real-time billionaires list. This is a remarkable achievement for the tech industry veteran, who has been a dominant figure in the world of technology for decades.