Larry Ellison, the co-founder and current Chief Technology Officer of Oracle Corporation, has now ascended to the position of the world’s second-richest person, surpassing Amazon founder Jeff Bezos. This significant shift in wealth rankings occurred yesterday, June 12, 2025, after a remarkable surge in Oracle’s stock price, which rose by 13% to a record high of over $202 per share.
As of today, June 13, 2025, Ellison’s net worth is estimated at approximately $243 billion, placing him ahead of Bezos ($227 billion) and Meta CEO Mark Zuckerberg ($239 billion). Despite this leap, all three remain behind Tesla CEO Elon Musk, whose net worth exceeds $400 billion.
Ellison’s wealth is primarily derived from his substantial stake in Oracle, where he owns about 41% of the company. His rise in the rankings reflects the growing prominence of Oracle in the artificial intelligence sector, as the company expands its cloud computing services to meet the increasing demand for AI infrastructure.
This surge in Ellison’s net worth underscores the dynamic nature of the global wealth landscape, particularly within the technology sector.
