Larry Ellison has surpassed Jeff Bezos and Mark Zuckerberg to become the second-richest billionaire. Oracle’s recent stock spike and the company’s growing involvement in artificial intelligence are the reasons for his quick climb. Larry Ellison’s success shows how quickly good business results and smart investments can change fortunes in the tech industry.
How Larry Ellison Climbed to the Top of the Billionaire List?
Larry Ellison’s fortune increased mostly as a result of Oracle’s June 13 earnings announcement. Oracle exceeded Wall Street’s forecasts by reporting adjusted earnings of $1.70 per share on $15.9 billion in sales. Oracle’s stock price surged to $200 per share after the market closed following the announcement.
Strong investor confidence in Oracle’s long-term expansion, particularly in the AI area, was reflected in this stock jump. As a result, Larry Ellison’s net worth jumped by $66.8 billion in just two months. In April 2025, Forbes had ranked him the fourth richest with $192 billion.
He now ranks second on Forbes’ list of real-time billionaires, which is ahead of Bezos of Amazon and Zuckerberg of Meta.
AI Deals and Government Ties Fuel Growth
Oracle’s participation in the U.S. government’s AI infrastructure initiative, Project Stargate, alongside partners like OpenAI and SoftBank, has further helped increase Larry Ellison’s fortune. This collaboration demonstrates Oracle’s expanding impact in AI research, enhancing investor confidence in the business.
According to the Bloomberg Billionaire Index on June 15, Ellison ranks as the third richest person globally with a net worth of $234 billion. He narrowly overtook Jeff Bezos, whose wealth fell to $233 billion. Elon Musk and Mark Zuckerberg remain first and second on Bloomberg’s list with net worths of $368 billion and $241 billion, respectively.
Microsoft co-founder Bill Gates is the fifth richest with $177 billion. Larry Ellison and his rapid increase in wealth prove how strong earnings and smart tech investments can quickly shift billionaire rankings. Oracle’s success in AI and stock growth continues to push its fortune upward.