Larry Ellison Overtakes Jeff Bezos: The New Era of Tech Titans
Oracle's Larry Ellison Surpasses Jeff Bezos
Larry Ellison, Chairman of Oracle, has secured his place as the second-richest person in the world, unseating Amazon founder Jeff Bezos. Ellison's net worth is now around $206 billion, tracked by Forbes' real-time billionaires list.
The Rise of Ellison's Wealth
- Ellison's wealth accumulation stems from his innovative leadership in enterprise software.
- His strategic acquisitions and investments have transformed Oracle into a significant player in the tech landscape.
Ellison's impressive rise is also linked to a 20% surge in Oracle's stock this September, a trend propelled by the ongoing artificial intelligence boom.
- Significant earnings report last week.
- Increased revenue forecast for fiscal 2026.
Meanwhile, Jeff Bezos now holds a net worth of $203 billion, fluctuating between second and third position since 2016. According to the latest rankings, Mark Zuckerberg occupies the fourth position with $184.6 billion.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.