Larry Ellison, co-founder of Oracle, experienced a record-breaking $26 billion surge in his net worth on June 12, 2025, after Oracle’s stock skyrocketed following strong earnings. The monumental gain propelled the 80-year-old billionaire to the second spot on Forbes’ real-time billionaires list, surpassing Jeff Bezos and Mark Zuckerberg, with a total fortune now standing at $243 billion just behind Elon Musk’s $407 billion. Fueled by investor optimism and Oracle’s impressive financial performance, Ellison’s wealth has now outgrown the GDP of several nations. His rise reflects not only Oracle’s momentum in AI but also Ellison’s enduring influence in global tech.
Oracle’s stock surge boosts Larry Ellison’s net worth to $243 billion becoming world’s second richest
Oracle co-founder Larry Ellison witnessed a staggering $26 billion surge in his net worth on Thursday, June 12, driven by a sharp rally in Oracle’s stock price. The massive single-day gain catapulted the 80-year-old tech mogul to the second position on Forbes’ real-time billionaires list, overtaking Jeff Bezos ($228 billion) and Mark Zuckerberg ($239 billion). According to the reports, Larry Ellison’s net worth now stands at $243 billion, placing him just behind Elon Musk, who leads the list with a net worth of $407 billion. The leap in Ellison’s wealth was fueled by Oracle’s impressive earnings report, which exceeded Wall Street expectations and sparked a wave of investor confidence. With the stock hitting record highs, Ellison reaffirmed his dominance in the tech industry, not just as a business leader but as one of the wealthiest individuals in modern history, surpassing even the GDP of several small countries.The jump in Ellison’s wealth followed Oracle’s after-earnings rally that pushed its stock to an all-time closing price of $200. During the Wednesday afternoon announcement, Oracle logged better-than-expected quarter-ending financial results. The company had $1.70 of adjusted earnings per share and $15.9 billion of revenue, beating Wall Street estimates. Although it dipped 13% briefly after the report’s release, investor confidence returned strongly, powering the upward path.
Ellison’s net worth surpasses national economies
According to the ET reports, Ellison’s net worth today is not only staggering in comparison to single billionaires but it surpasses the total GDP of a number of nations, the IMF suggests in its 2025 estimates. These are the countries whose economies fall short of Ellison’s wealth:
- Hungary – $237 billion
- Qatar – $222 billion
- Ukraine – $205 billion
- Nigeria – $188 billion
- Morocco – $165 billion
- Kuwait – $153 billion
Such a comparison puts Ellison in a fiscal league more similar to that of sovereign states than corporate bosses.
Larry Ellison’s business and personal ventures
Ellison, Oracle’s co-founder in 1977, has been a household name in the tech industry for decades. From 2018 to 2022, he was a member of the board of directors at Tesla, aligning himself with the largest Silicon Valley names.His own business enterprises are equally impressive. In 2012, Ellison bought 98% of the island of Lanai in Hawaii for $300 million. He also was instrumental in bringing a star quarterback to the University of Michigan football team his wife, Kere Zhu, being an alumnus of the university.Ellison’s influence also goes beyond tech investment and high-end real estate. In January, he stood at the side of the US President Donald Trump when he unveiled Stargate, a strategic AI effort supported by Oracle, SoftBank, and OpenAI. The venture aims to grow the US’s competitive advantage in artificial intelligence by developing scalable next-generation infrastructure.Also Read | Scale AI founder Alexandr Wang joins Meta for AI research: Who is he and why is Zuckerberg investing on his $29 billion startup
