Oracle Chairman and CTO Larry Ellison has achieved a remarkable milestone in his illustrious career, surpassing 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 current net worth is estimated to be a staggering $258.8 billion, making him the second richest person globally, behind only Tesla CEO Elon Musk.
Ellison’s fortune reportedly rose significantly over the past week, with Oracle’s stocks rallying sharply. The impressive surge in the company’s stock price has contributed significantly to Ellison’s net worth, propelling him up the ranks of the world’s richest individuals.
Bezos, the founder of Amazon, and Zuckerberg, the co-founder and CEO of Facebook, have long been among the top three richest people in the world. However, Ellison’s remarkable rise to second place is a testament to his enduring success and the continued growth of Oracle, one of the largest and most successful technology companies in the world.
Oracle’s success can be attributed to its diverse range of products and services, including its flagship database management system, as well as its expanding presence in the cloud computing market. The company’s ability to adapt to changing technology trends and its strategic acquisitions have also contributed to its continued success.
Ellison’s rise to second place on the list of the world’s richest people is a remarkable achievement, particularly given his age. At 80, he is one of the oldest billionaires in the world, and his continued success is a testament to his business acumen and vision.
The Forbes real-time billionaires list is widely regarded as the most authoritative source of information on the world’s richest individuals. The list is updated in real-time, reflecting the latest changes in the net worth of the world’s billionaires. The list is based on data from a variety of sources, including stock prices, currency exchange rates, and other financial data.
Ellison’s achievement is a significant milestone in his career, which has spanned over four decades. He co-founded Oracle in 1977 with a small group of colleagues, and has since built the company into a global technology leader. He has also been a driving force behind the development of Oracle’s cloud computing strategy, which has contributed significantly to the company’s growth and success.
The news of Ellison’s rise to second place on the list of the world’s richest people has sent shockwaves through the business and financial communities. Many are hailing his achievement as a testament to his business acumen and vision, as well as the continued success of Oracle.
In conclusion, Larry Ellison’s rise to second place on the list of the world’s richest people is a remarkable achievement, reflecting his enduring success and the continued growth of Oracle. At 80, he is one of the oldest billionaires in the world, and his continued success is a testament to his business acumen and vision.
