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There's a New Second-Richest Person in the World

UNITED STATES, JUL 15 – Larry Ellison's net worth rose $4.7 billion in one day as Oracle's AI-driven stock surged, placing him just ahead of Mark Zuckerberg with $251 billion, Bloomberg reports.

  • On July 16, 2025, Oracle co-founder and chief technology officer Larry Ellison surpassed Meta CEO Mark Zuckerberg, reaching a net worth of US$251.2 billion.
  • Following ChatGPT’s launch, shares have surged 90% since April, while Oracle’s stock jumped 5.7% on July 15 when US easing of semiconductor export rules, Bloomberg reported.
  • Yesterday Oracle announced a $3 billion investment in Germany and the Netherlands, and secured tens of billions in cloud and data centre deals with OpenAI.
  • Following Ellison’s leap, he overtook Zuckerberg to become the second-richest person on the Bloomberg index, while Elon Musk remains top with US$357.8 billion.
  • On Tuesday, Ellison said he will focus his Giving Pledge on the Ellison Institute of Technology, founded in 2023 for health, agriculture, clean energy, and AI.
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Larry Ellison overtakes Mark Zuckerberg in the Bloomberg ranking of the super-rich. The 80-year-old is benefiting from the rapid increase in Oracle shares. The Meta boss is looking for something.

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There's a new second-richest person in the world

Larry Ellison, co-founder and chief technology officer for Oracle, is now the second-richest person on Earth.

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Bloomberg broke the news in United States on Tuesday, July 15, 2025.
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