Archive · 15 Jun 2025
Oracle Co-founder Larry Ellison Second Richest at $258.8 Billion
Larry Ellison, who helped start Oracle, is now the second richest person in the world!
His money increased a lot recently because Oracle, the company he works for, did really well and made lots of money.
Oracle's stock went up after they shared good news about how much money they earned.
Ellison's wealth is now over $250 billion.
Oracle's revenue went up a lot because more people are using cloud services.
Oracle co-founder Larry Ellison's net worth reached $258.8 billion in June 2025, making him the second richest person.
Ellison's net worth increased by $66.8 billion last week.
The surge in wealth follows Oracle's strong Q4 earnings report, which beat expectations.
Oracle's total quarterly revenues jumped 11% year-on-year to $15.9 billion, driven by cloud services.
Oracle shares closed nearly 7.6% higher after the earnings announcement.
- Who
- Larry Ellison and other billionaires like Mark Zuckerberg and Elon Musk.
- What
- Larry Ellison became the second richest person.
- When
- In June 2025, after Oracle's strong earnings report.
- Where
- Worldwide rankings.
- Why
- Due to a rise in Oracle's stock price following a strong earnings report.
- Rank
- 2nd Richest
- Person
- Larry Ellison
- Net Worth
- $258.8 Billion
- Company
- Oracle
- Oracle Revenue Q4 FY24-25
- $15.9 Billion
- Oracle Share Price Increase
- 7.6%
- Oracle CEO
- Safra Catz
