Larry Ellison, the 79-year-old co-founder of Oracle Corporation, has overtaken Elon Musk to become the second-richest person in the world, with a net worth of $152.2 billion, according to Bloomberg’s Billionaires Index .
His rise follows a dramatic surge in Oracle shares, driven by investor optimism around the company’s aggressive pivot toward AI cloud infrastructure and enterprise software.
📈 Wealth Breakdown
- Net worth: $152.2 billion (as of June 13, 2025)
- Main source: ~40% stake in Oracle Corp
- Recent gain: Oracle stock jumped 9.5% after a strong quarterly report and bullish AI forecasts
- Assets: Includes a Hawaiian island, Tesla shares, and private real estate holdings
🔄 Who Did He Overtake?
Ellison edged past Elon Musk, whose net worth has declined to $149 billion due to falling Tesla shares and reduced SpaceX valuations. Musk had previously held the No. 2 or No. 1 spot consistently since 2021.
Top 3 Global Billionaires (June 2025):
- Jeff Bezos – $207.6B
- Larry Ellison – $152.2B
- Elon Musk – $149B
🧠 Why Ellison Is Climbing
- AI Infrastructure: Oracle’s partnerships with NVIDIA, TikTok, and OpenAI boosted demand for its cloud and database services.
- Legacy Software Dominance: ERP and database platforms remain central to enterprise operations worldwide.
- Efficient Expansion: Oracle’s capital-light strategy and selective AI investments fueled rapid growth without excessive overhead.
🌍 What It Means for Oracle & Tech
- Investor sentiment: Confidence in traditional tech companies adapting to AI trends is growing.
- Oracle’s market cap: Has exceeded $400 billion, up nearly 30% YTD
- Silicon Valley’s power shift: Ellison’s resurgence contrasts with Musk’s volatile net worth, reflecting different industry risk profiles
✅ Final Takeaway
With a $152 billion fortune, Larry Ellison is now the 2nd richest person globally, a testament to Oracle’s transformation into an AI-powered enterprise tech giant. His wealth surge underscores how legacy tech can still dominate the innovation curve.
