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Oracle co -founder Larry Elison is now the second richest person in the world, After the stock of his business in the cloud, they calculated last week. The chairman’s net value has grown by more than $ 40 billion, ahead of Jeff Bezos and Mark Zuckerberg’s wealth and reached $ 250.9 billion tall. But it will be difficult for him to lead the wealth of his close friend Elon Musk, who sits at a cool happiness of $ 405.8 billion.
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No one was in a better mood last week by Larry Elison – the co -founder of Oracle Forbes List of the billionaire ranking, reaching the number two place, just under his close friend Elon Musk.
Ellison’s net value is now worth $ 250.9 billion after Oracle’s recent report caused his shares to jump.
With approximately 41% of Oracle’s shares in his name, the cloudy-computers saw that his net value was climbing over $ 40 billion in a few days. On Thursday last week, his wealth increased by $ 25 billion and increased by another $ 16 billion on Friday: easily two of the largest everyday swells in billionaire net value this week, according to Forbes.
Now Elison is ahead of Amazon founder Jeff Bezos, who currently costs $ 229 billion, and Mark Zuckerberg, who has a net worth $ 240 billion, at the billionaire club.
The only person he has not yet headed is Elon Musk – Elison’s close friend, who is still the most wealthy man with $ 405 billion in wealth. There is almost $ 155 billion a difference between their net nets, so Elison has shortened his work if he ever hopes to reach number one.
Last Wednesday, the report on the afternoon profits was called a “water” moment for the cloud calculation company. It was also a big moment for Ellison’s wallet.
The report shows that Oracle’s total revenue for the fiscal year 2025 increased by 8%, reaching a huge $ 57.4 billion. The corrected profit of $ 1.70 per share outperforms Wall Street’s expectations, along with its unprecedented $ 15.9 billion sales. One day after these figures were released, Oracle’s reserves increased by 13% – and by mid -afternoon Friday, it grew by another 7% to a record of $ 215 per share.
Elison, chairman and CTO of Oracle, subsequently enjoyed an 11-digit jump in net value. Last Tuesday afternoon, the day before the cloudy-complex titan will release his profit report, Ellison’s Net Worth amounts to $ 213 billion.
While the 80-year-old entrepreneur can feel at the top of the world at the moment, it does not say where it will be in 2026. The wealth of billionaires is hesitant all the time-Bernard Arno, founder and CEO of Luxury Fashion House LVMH, was the world’s richest personality in early 2024. Today, it is in seventh place with a net value of $ 142 billion, thanks to the collapsing shares.