"The Oracle cofounder's fortune grew by an unmatched $195 billion in 2025, reaching $388 billion at Monday's close, per the Bloomberg Billionaires Index. That figure exceeds the $385 billion market value of Bank of America, which generated over $100 billion of revenue and $27 billion of net income last year, and ranks among the world's 30 most valuable public companies. Ellison, Oracle's chairman and tech chief, is the world's second-wealthiest person after Tesla and SpaceX CEO Elon Musk, who's worth $452 billion."
"Ellison owns about 41% of Oracle's stock, which has soared 97% this year to record highs. Investors expect Oracle to play a critical role in building the infrastructure needed to power the AI boom. Oracle's contract backlog grew by over 350% year on year last quarter to $455 billion, as it struck huge deals with AI giants such as ChatGPT maker OpenAI."
Larry Ellison's net worth rose roughly $195 billion in 2025 to about $388 billion, exceeding Bank of America's $385 billion market value. Ellison ranks as the world's second-wealthiest person after Elon Musk and is far wealthier than other tech billionaires like Mark Zuckerberg and Jeff Bezos. Ellison owns about 41% of Oracle, whose stock has climbed 97% this year amid expectations that Oracle will supply critical AI infrastructure. Oracle reported a contract backlog up over 350% to $455 billion and projects cloud infrastructure revenue to grow substantially by 2030. Ellison's stake and Oracle's share surge have quintupled his wealth in three years.
Read at Business Insider
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