Larry Ellison becomes second-richest person after Oracle's stock rise

Ellison has surpassed Mark Zuckerberg following Oracle's impressive stock performance.

Larry Ellison claims spot as second-richest person after Oracle's surge

Larry Ellison, founder of Oracle, is now the second-richest individual globally with a net worth of $251 billion, outpacing Mark Zuckerberg. This financial milestone was largely driven by Oracle's stock surge of 41% this year, gaining nearly $60 billion in 2025 alone. The growth of AI stocks, influenced by favorable market policies, has significantly contributed to Ellison's wealth as he maintains a 40% stake in Oracle. Recent announcements of a $3 billion investment in cloud services and a focus on AI infrastructure bolster Oracle's position in the tech sector. However, analysts express caution regarding possible risks in Oracle's investments, indicating concerns about its long-term financial performance. Ellison also plans to amend his commitment to the Giving Pledge while launching the Ellison Institute of Technology to address global challenges like healthcare and climate change.

Ellison's rise reflects broader trends in the technology sector, especially the escalating significance of artificial intelligence. His wealth reflects not just personal achievement but also a strategic positioning within a rapidly changing market. As Oracle invests more heavily in AI infrastructure, the company's partnerships with entities like OpenAI and SoftBank signal a robust strategy to lead in this domain. Nevertheless, the mixed sentiments from analysts caution about overextending investments in low-margin areas, highlighting a delicate balance between growth and sustainable financial health. Ellison's shift in philanthropic focus also speaks to a growing recognition of business leaders' roles in addressing urgent social issues.

Highlights

Ellison's ascent in wealth and influence underscores a pivotal moment in the tech landscape.