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On Thursday, Ellison’s wealth increased by $26 billion, marking the largest daily gain among billionaires.
Jeff Bezos with Lauren Sanchez | Image/X
Larry Ellison, the founder of Oracle, has surpassed Amazon’s Jeff Bezos to become the world’s second richest person, according to Forbes. Ellison’s net worth skyrocketed by an impressive $26 billion, bringing his total wealth to $243 billion.
On Thursday, Ellison’s wealth increased by $26 billion, marking the largest daily gain among billionaires. This surge in net worth allowed him to overtake Amazon chairman Jeff Bezos, who has a net worth of $228 billion, and Meta CEO Mark Zuckerberg, who stands at $239 billion.
With this increase, Larry Ellison now holds the second spot on Forbes’ real-time billionaires list, just behind Tesla CEO Elon Musk, who boasts a total net worth of $407 billion.
Mark Zuckerberg, the 41-year-old co-founder of Facebook, ranks third with $235.7 billion, despite a recent dip in his net worth, as per Forbes Real-Time Billionaire List. Meanwhile, Jeff Bezos, founder of Amazon, holds the fourth position at $226.8 billion, while legendary investor Warren Buffett, at 94, remains one of the oldest and most respected billionaires, ranking fifth with $152.1 billion.
The list also features tech titans like Larry Page and Sergey Brin of Google, holding the sixth and eighth spots respectively, showcasing the enduring influence of internet-based businesses. French fashion tycoon Bernard Arnault, the only non-American in the top 10, ranks seventh with $141.5 billion, representing the luxury goods sector through LVMH.
Rounding out the top 10 are Steve Ballmer of Microsoft and Jensen Huang, CEO of NVIDIA. Huang’s presence reflects the growing dominance of the semiconductor and AI industry, as he boasts a net worth of $123.9 billion, despite a slight decline in recent days.
Tesla and SpaceX CEO Elon Musk saw his net worth climb, gaining nearly $191 million — a sign of recovering investor sentiment following his public apology over controversial tweets about U.S. President Donald Trump. According to Forbes Billionaire Index, his net worth currently stands at $411.4 billion.
A team of writers and reporters decodes vast terms of personal finance and making money matters simpler for you. From latest initial public offerings (IPOs) in the market to best investment options, we cover al…Read More
A team of writers and reporters decodes vast terms of personal finance and making money matters simpler for you. From latest initial public offerings (IPOs) in the market to best investment options, we cover al… Read More
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