Larry Ellison, Oracle's cofounder, has seen his net worth rise to $250.9 billion, placing him second on Forbes' billionaire list, just behind Elon Musk. This surge of over $40 billion in just days was driven by a substantial increase in Oracle's stock following a strong earnings report that exceeded Wall Street's expectations. Oracle reported an 8% revenue growth for fiscal year 2025, reaching $57.4 billion, which contributed significantly to Ellison's soaring wealth, surpassing that of Jeff Bezos and Mark Zuckerberg.
No one was in a better mood last week than Larry Ellison-the Oracle cofounder shot up Forbes' billionaire rankings list, reaching the number two spot, right below his close friend Elon Musk.
With approximately 41% of Oracle's shares in his name, the cloud computing mogul saw his net worth climb by over $40 billion in a matter of days.
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