Jun 20, 2025 06:42 PM IST Larry Ellison has surpassed Jeff Bezos and Mark Zuckerberg to turn out to be the second richest man globally, with a fortune of $250.9 billion. A tech firm co-founder has overtaken Jeff Bezos and Mark Zuckerberg to turn out to be the second richest man on the planet after his enterprise’s inventory rose, making him $40 million richer, in line with report by Fortune. The 80-year-old tech titan co-founded Oracle in 1977 as a database software program firm. (X/@BizHustlez) Thanks to the booming success of Oracle’s cloud computing enterprise, Larry Ellison’s fortune has now reached $250.9 billion, in line with Forbes, putting him simply behind Tesla and SpaceX CEO Elon Musk, who leads with $405.8 billion. Oracle’s robust earnings report despatched its inventory hovering. With Ellison proudly owning practically 41% of the corporate’s shares, his wealth jumped by $25 billion in a single day and grew by one other $16 billion shortly after. Meanwhile, Amazon founder Jeff Bezos is presently price $229 billion, and Meta CEO Mark Zuckerberg holds a internet price of $240 billion. Who is Larry Ellison?The 80-year-old tech titan co-founded Oracle in 1977 as a database software program firm. Over the many years, it grew into a world cloud computing powerhouse, usually making him part of the world’s high 10 richest record. Ellison is thought for his daring character and indulgent life-style. In 2012, he purchased 98% of Lanai, Hawaii’s sixth-largest island, for about $300 million. He’s additionally a licensed pilot and owns navy plane. Despite being one of many world’s richest individuals, Ellison famously took only a $1 base wage for years, counting on large bonuses and inventory choices. Friendship with Elon Musk“I am not sure how many people know, but I’m very close friends with Elon Musk, and I’m a big investor in Tesla,” Ellison stated in 2018, the yr Musk named him to Tesla’s board. He has publicly defended Musk amid controversies, together with backlash over the billionaire’s behaviour. He as soon as reportedly invited him to “dry out” at his Hawaii property after reviews of his alleged drug use.
