Larry Ellison Surpass Jeff Bezos, Becoming Stunning World’s Second-Richest After Elon Musk

By /

Larry Ellison has surpassed Jeff Bezos to become the world’s second-richest person, thanks to Oracle’s stock surge driven by AI demand.

Larry Ellison Surpass Jeff Bezos

In a significant shift among the world’s wealthiest individuals, Larry Ellison, the founder and chairman of Oracle, has surpassed Jeff Bezos to become the world’s second-richest person. According to Forbes real-time billionaires list, Ellison’s fortune soared by $8.1 billion in recent days, bringing his net worth to an astonishing $206 billion. This marks the first time in recent memory that Ellison has climbed past Bezos, whose net worth is currently estimated at $203 billion.

While Ellison’s newfound status is noteworthy, the title of the world’s richest person still firmly belongs to Elon Musk, whose fortune sits at $251 billion. Musk, the CEO of Tesla, SpaceX, and X (formerly Twitter), has maintained his spot at the top despite fluctuations in the tech sector.

Oracle’s Role in the AI Boom

Larry Ellison’s rise in wealth is largely tied to Oracle’s recent stock surge, which has benefited from the growing demand for artificial intelligence (AI) technologies. In recent months, Oracle has positioned itself as a key player in the AI revolution, driving investor confidence and boosting its market performance. The company’s stock has risen sharply, with a notable 20 percent increase in just one month.

The surge in Oracle’s stock can be attributed to several key factors. For one, Oracle has continued to beat earnings expectations, which has reassured investors of the company’s growth trajectory. Last week, Oracle released its quarterly earnings report, which exceeded analysts’ predictions and further enhanced its fiscal 2026 revenue forecast. This announcement led to a surge in investor enthusiasm, pushing Oracle shares to new highs.

The growing demand for generative AI—a technology that powers tools like ChatGPT and other AI-driven applications—has also been a major contributor to Oracle’s success. Ellison has actively spoken about the company’s investments in building data centers that are equipped to handle the exponential increase in demand for cloud infrastructure and AI applications. This positioning within the AI sector has enabled Oracle to attract major customers and partners looking to capitalize on AI-driven innovations.

Larry Ellison: A Tech Pioneer and Visionary

Larry Ellison, who owns just under 40 percent of Oracle, has been a central figure in the tech industry for decades. He founded Oracle in 1977, building it into one of the world’s largest software companies, specializing in database management systems, cloud solutions, and enterprise software.

Ellison’s strategic focus on cloud computing and now AI has continued to set Oracle apart from its competitors. While Ellison stepped down as CEO of Oracle in 2014, he remains an influential force in the company as its chairman and chief technology officer (CTO). His vision for Oracle’s future, particularly in its role as a leader in cloud infrastructure and AI, has propelled the company to new heights.

Apart from Oracle, Ellison also played a notable role in Tesla, where he served on the company’s board of directors until 2022. This connection with Elon Musk—who is now the only person richer than Ellison—further highlights Ellison’s deep involvement in the tech world.

Jeff Bezos Slips to Third Place

While Jeff Bezos is no longer the world’s second-richest individual, he still remains one of the most influential figures in global business. As the founder of Amazon, Bezos transformed the e-commerce landscape and built one of the most valuable companies in the world. His current net worth stands at $203 billion, putting him just behind Ellison in the billionaire rankings.

Bezos, who stepped down as Amazon’s CEO in 2021 to focus on other ventures, including his space company Blue Origin, has seen fluctuations in his wealth primarily tied to Amazon’s stock performance. While Amazon remains a tech powerhouse, its stock has faced some challenges amid broader market trends, allowing Ellison to surpass Bezos in the rankings.

What’s Next for Oracle and Larry Ellison?

As Oracle continues to benefit from the AI boom, Larry Ellison’s net worth is likely to grow further. The company’s investments in AI infrastructure and cloud solutions have positioned it to thrive in the evolving tech landscape. Oracle’s expansion into cloud services—a sector traditionally dominated by Amazon Web Services (AWS) and Microsoft Azure—has allowed it to capture a larger market share, particularly with businesses looking for reliable AI-backed solutions.

Moreover, Ellison’s leadership and his emphasis on AI-related growth strategies suggest that Oracle is poised to remain a dominant force in the tech industry for years to come. As more businesses integrate AI into their operations, the demand for Oracle’s solutions is expected to increase, providing Ellison with further opportunities to solidify his position among the world’s wealthiest individuals.

Looking Ahead

Larry Ellison’s ascent to the position of the world’s second-richest person marks a major milestone, not just for him personally but also for Oracle as a company. His rise underscores the significance of Oracle’s role in the AI revolution and its success in capturing investor confidence. As the AI boom continues to reshape the tech industry, Ellison’s leadership in guiding Oracle’s growth will be closely watched by industry observers and investors alike.

While Elon Musk remains firmly at the top, Ellison’s recent success demonstrates the immense potential of Oracle in the ever-expanding world of artificial intelligence and cloud computing. As Ellison dethrones Jeff Bezos, the competition among tech billionaires for the top spots will only become more interesting.

Read Next:

error: Content is protected !!
Scroll to Top