• Home
  • Business News
  • Larry Ellison becomes world’s No. 2 billionaire, pushing Jeff Bezos to fourth
Image

Larry Ellison becomes world’s No. 2 billionaire, pushing Jeff Bezos to fourth

WhatsApp Group Join Now
Telegram Group Join Now
Instagram Group Join Now


Jeff Bezos, founder and executive chairman of Amazon, is no longer among the top three richest individuals in the world. Oracle co-founder Larry Ellison has leapfrogged both Bezos and Meta CEO Mark Zuckerberg to become the world’s second-richest person, following a sharp rally in Oracle shares.

According to the Forbes Billionaires List, Ellison’s net worth surged to $258.8 billion, placing him ahead of both Bezos, whose wealth is estimated at $227 billion, and Zuckerberg, at $235.7 billion. Ellison now trails only Tesla and SpaceX CEO Elon Musk, who remains the world’s richest person with a net worth of $410.8 billion.

Warren Buffett ranks fifth with $152.1 billion, followed by Google co-founder Larry Page at $144.7 billion.

Bezos first ascended to the position of the world’s second-richest person in 2017 after a rally in Amazon’s stock pushed his net worth to $75.6 billion, surpassing that of investment legend Warren Buffett.

However, this isn’t the first time Bezos has lost the No. 2 spot. In October 2024, he briefly slipped behind Zuckerberg when the Meta CEO’s fortune jumped to $206.2 billion, slightly ahead of Bezos’ $205.1 billion at the time.


Meanwhile, Elon Musk continues to dominate the billionaire rankings. Earlier this week, his net worth rose by $191 million, reaching $411.4 billion. The gain came shortly after Musk issued a public apology to U.S. President Donald Trump, following a period of tense exchanges on social media platform X (formerly Twitter). The apology reportedly followed a phone conversation between the two.Musk had drawn criticism after labeling a Trump-endorsed bill as “The Big Ugly Bill” and resigning from a government advisory role. The fallout led to a string of contentious posts—some of which were later deleted.Also Read: 10 midcap stocks with more than 20 buy Calls: Analysts see up to 25% upside

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)



Source link

Releated Posts

These 4 stocks consistently decreasing quarterly EPS

WhatsApp Group Join Now Telegram Group Join Now Instagram Group Join Now Decreasing EPS The continuous decline in…

ByByAjay jiJun 16, 2025

US stocks open higher as oil prices ease, Fed meeting in focus

WhatsApp Group Join Now Telegram Group Join Now Instagram Group Join Now Wall Street’s main indexes opened higher…

ByByAjay jiJun 16, 2025

RBI issues draft norms on Rupee Interest Rate Derivatives

WhatsApp Group Join Now Telegram Group Join Now Instagram Group Join Now The Reserve Bank of India on…

ByByAjay jiJun 16, 2025

Reliance Industries sells 85 lakh shares of Asian Paints for Rs 1,876 cr

WhatsApp Group Join Now Telegram Group Join Now Instagram Group Join Now Billionaire Mukesh Ambani-led Reliance Industries on…

ByByAjay jiJun 16, 2025

Leave a Reply

Your email address will not be published. Required fields are marked *

Scroll to Top