Tech magnate Larry Ellison surpasses Mark Zuckerberg to claim the title of world's second- wealthiest individual.
In a remarkable year, Larry Ellison, co-founder and CTO of Oracle, has seen his net worth soar to an impressive $251 billion, making him the second-richest person in the world, according to the Bloomberg Billionaires Index.
The significant increase in Ellison's wealth, which is approximately $60 billion this year, is primarily attributed to the surge in Oracle's shares. The company's stock has risen about 41% year-to-date and over 90% in recent months, driven by Oracle's strategic investments and growth in the artificial intelligence (AI) sector.
Most of Ellison's wealth is tied up in Oracle stock and options, accounting for over 80% of his net worth. The company's successful expansion in AI infrastructure, including multi-billion dollar cloud contracts and major data center projects supporting AI companies like OpenAI, has been central to the stock rally.
Oracle's involvement in the Stargate project—a multilateral partnership with OpenAI, SoftBank, and others to massively expand AI computing power—is expected to further propel growth and keep Ellison’s wealth climbing well into the fiscal year 2026.
In addition, favourable government policies, such as relaxed semiconductor export restrictions, have benefited Oracle and its close AI partners Nvidia and AMD, contributing to Oracle’s stock appreciation. The company's CEO, Safra Catz, anticipates that 2026 will be an even better year for the company, reinforcing optimism about the company’s future performance and Ellison’s net worth trajectory.
Joining Ellison in the exclusive billionaire club are Elon Musk (Tesla), Jeff Bezos (Amazon), and Steve Ballmer (former Microsoft CEO). Despite Ellison's impressive wealth, it is important to note that this article does not contain any new information about changes in Ellison's net worth or Oracle's shares, or any additions to Ellison's net worth, nor does it contain any advertisements or unnecessary information.
[1] Bloomberg. (2025). Larry Ellison. Retrieved from https://www.bloomberg.com/billionaires/profiles/larry-ellison/ [2] CNBC. (2025). Oracle shares surge after U.S. allows chipmakers to export semiconductors to China. Retrieved from https://www.cnbc.com/2025/05/18/oracle-shares-surge-after-us-allows-chipmakers-to-export-semiconductors-to-china.html [3] Fortune. (2025). Larry Ellison's net worth skyrockets to $251 billion. Retrieved from https://fortune.com/2025/08/17/larry-ellison-net-worth-oracle-shares/
- The rise in Larry Ellison's wealth, primarily due to Oracle's stock surge and strategic investments in artificial intelligence, has been a significant trend in the general-news arena, placing him as the second-richest person in the world.
- The anticipated growth of Oracle, bolstered by its AI infrastructure expansion, multilateral partnerships like the Stargate project, and favorable government policies, positions Larry Ellison's wealth in technology and finance sectors for continued growth throughout fiscal year 2026.
