Oracle Co‑Founder Larry Ellison Becomes World’s Second‑Richest Person After $40 Billion Surge

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Oracle Co‑Founder Larry Ellison Becomes World’s Second‑Richest Person After $40 Billion Surge

Oracle Co‑Founder Larry Ellison Becomes World’s Second‑Richest Person After $40 Billion Surge

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Oracle co‑founder Larry Ellison has surged past Jeff Bezos and Mark Zuckerberg to become the world’s second‑richest individual, with a net worth reaching approximately \$258.8 billion, according to Forbes. His wealth skyrocketed by an estimated \$40 billion over two days thanks to a sharp rally in Oracle’s stock—up 13% on strong Q4 earnings and another 7% mid‑week—as the company outperformed expectations on cloud and AI infrastructure demand. The dramatic gain vaulted Ellison—who holds around 41% of Oracle and serves as CTO and executive chairman—past Bezos (about \$227 billion) and Zuckerberg (\$239 billion). He now ranks just behind Elon Musk, whose wealth stands above \$400 billion. Net Worth Post-Surge: \~\$258.8 billion. One-Day Gain: +\$26 billion on June 12 alone. Drivers: Strong...

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