Oracle founder Larry Ellison topped the list of the world’s richest people for the first time
For the first time, the founder of Oracle Corporation, Larry Ellison, topped the ranking of the world’s richest people, overtaking Elon Musk, who held the first position for almost a year. This is reports Bloomberg.
The 81-year-old Ellison’s fortune increased by $101 billion after the release of Oracle Corp.’s quarterly report, which exceeded analysts’ forecasts and confirmed the company’s continued growth.
According to the Bloomberg billionaires index, his capital reached 393 billion dollars. This became the largest one-day increase in wealth in the entire history of the rating. For comparison, Elon Musk’s fortune is currently estimated at $385 billion.
Larry Ellison is an American entrepreneur, founder and chairman of Oracle Corporation. For the first time, his name appeared in the Forbes ranking in 1986, when his fortune was estimated at 185 million dollars. During the dotcom peak in 2000, his fortune reached $48 billion.
In September 2012, they already amounted to 44 billion, which secured him the third place in the USA. In 2024, Ellison overtook Bill Gates and Warren Buffett to become the world’s second-largest billionaire and for the first time surpassed the $200 billion mark. As of July 2025, his fortune was estimated at approximately $262.2 billion.
