Get all your news in one place.
100's of premium titles.
One app.
Start reading
Fortune
Fortune
Emma Burleigh

Oracle’s Larry Ellison just rocked the billionaires club—a $40 billion gain has made him the second-richest man

Larry Ellison (Credit: Phillip Faraone / Getty Images)
  • Oracle cofounder Larry Ellison is now the second-richest person in the world, after his cloud-computing business’s stocks soared last week. The chairman’s net worth surged by more than $40 billion, outpacing the wealth of Jeff Bezos and Mark Zuckerberg and reaching a high of $250.9 billion. But he’ll have a hard time topping the riches of his close friend Elon Musk, who sits on a cool $405.8 billion fortune.

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.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.