Oracle’s Larry Ellison Overtakes Bezos & Zuckerberg, Becomes World’s 2nd Richest Person
In a remarkable 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, a significant increase from his previous net worth.
Ellison’s fortune reportedly rose after Oracle’s stocks rallied over the past week, resulting in a significant boost to his net worth. Oracle’s stock price has been on the rise in recent weeks, driven by the company’s strong financial performance and its growing presence in the cloud computing market.
Ellison’s rise to the second spot on the billionaire’s list is a testament to his successful career and his ability to build a successful company. He co-founded Oracle in 1977 with Bob Miner and Ed Oates, and has since grown the company into one of the largest and most successful technology companies in the world.
Under Ellison’s leadership, Oracle has made significant investments in cloud computing, artificial intelligence, and other emerging technologies. The company has also expanded its presence in various industries, including healthcare, finance, and government.
Ellison’s net worth is not the only impressive aspect of his career. He is also known for his philanthropic efforts, particularly in the area of education. He has donated millions of dollars to various educational institutions and organizations, and has also established the Ellison Foundation, which provides grants to various charitable organizations.
In addition to his business and philanthropic endeavors, Ellison is also known for his personal life. He is a passionate sailor and has won several awards for his sailing prowess. He is also a long-time resident of Hawaii and has been involved in various environmental and conservation efforts in the state.
Ellison’s rise to the second spot on the billionaire’s list is a reminder of the importance of hard work, determination, and strategic decision-making. His success is a testament to the power of entrepreneurship and the impact that one person can have on the world.
In conclusion, Oracle’s Larry Ellison has made a remarkable comeback, surpassing Jeff Bezos and Mark Zuckerberg to become the world’s second richest person behind Elon Musk. His net worth of $258.8 billion is a testament to his successful career and his ability to build a successful company. Ellison’s philanthropic efforts and personal life are also noteworthy, and serve as a reminder of the importance of giving back to the community and living a balanced life.
