Bloomberg reports Ellison is now world’s second richest person
Oracle founder and Lanai majority landowner Larry Ellison has overtaken Mark Zuckerberg, who owns a large estate on Kauai, to become the world’s second-richest person with a net worth of $251 billion — up nearly $60 billion in 2025 — according to Bloomberg News.
Elon Musk remains the richest person in the world despite recent losses.
Ellison’s wealth comes largely from his 40% stake in database company Oracle, which he launched in 1977 and is up 41% for the year to date, with a huge rally over the past fortnight.
Like Nvidia’s CEO Jensen Huang, Ellison’s wealth has ballooned as policy continues to favor artificial intelligence stocks.