Larry Ellison, at 80 years old, has made headlines by skyrocketing to the position of the world’s second-richest individual, amassing an astonishing $40 billion in just seven days. His new net worth stands at $250.9 billion, surpassing prominent tech billionaires Jeff Bezos and Mark Zuckerberg.
As reported by Fortune Magazine, Ellison is the co-founder and largest shareholder of Oracle Corporation, holding 41% of the company's shares. The recent surge in Oracle’s stock price—fueled by impressive growth in cloud computing services—significantly boosted his fortune within a remarkably short span.
In a single day, Ellison’s wealth jumped by an incredible $25 billion, and within a few days, it climbed another $16 billion. This rapid increase propelled him just behind Elon Musk, who currently leads with a net worth of $405.8 billion.
Zuckerberg's fortune now totals approximately $240 billion, while Amazon founder Jeff Bezos has around $229 billion, placing both of them below Ellison on the global billionaire rankings. Ellison launched Oracle in 1977 as a database software company, which has since evolved into a dominant player in cloud technology.
Beyond business, Ellison is known for his lavish lifestyle. He owns a private island in Hawaii, pilots military aircraft as a licensed pilot, and continues to expand his influence in the tech industry. His wealth now surpasses the GDP of numerous nations, including Hungary, Qatar, Ukraine, and Kuwait.
Based on IMF 2025 forecasts, countries with GDPs lower than Ellison’s net worth include Hungary ($237 billion), Qatar ($222 billion), Ukraine ($205 billion), Nigeria ($188 billion), Morocco ($165 billion), and Kuwait ($153 billion).
Throughout his career, Ellison has served on the board of Tesla (from 2018 to 2022), purchased a Hawaiian island for $300 million, and contributed to record-breaking recruitment efforts at the University of Michigan, his wife Kere Zhu’s alma mater.
In January, he appeared alongside President Donald Trump to unveil Stargate, a joint venture between Oracle, SoftBank, and OpenAI aimed at accelerating the United States’ AI initiatives.
