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


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.

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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)



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