Larry Ellison’s Wealth Soars Following Oracle’s Stock Surge
Larry Ellison, the co-founder of Oracle, experienced an unprecedented increase of $26 billion in his net worth on June 12, 2025, as Oracle’s stock price surged dramatically after a robust earnings report. This remarkable gain elevated the 80-year-old billionaire to the second position on Forbes’ real-time billionaires list, surpassing both Jeff Bezos and Mark Zuckerberg. Ellison’s current fortune now stands at $243 billion, placing him just behind Elon Musk, who has a net worth of $407 billion. Driven by heightened investor confidence and Oracle’s stellar financial results, Ellison’s wealth now exceeds the GDP of several countries, underscoring both Oracle’s success in artificial intelligence and Ellison’s lasting impact on the tech industry.
Oracle’s Financial Performance Fuels Ellison’s Rise
On June 12, Oracle’s stock experienced a remarkable surge, contributing to a $26 billion increase in Larry Ellison’s net worth. The 80-year-old tech mogul ascended to the second spot on Forbes’ real-time billionaire rankings, surpassing Jeff Bezos, who has $228 billion, and Mark Zuckerberg, with $239 billion. With Ellison’s net worth now at $243 billion, he trails only Elon Musk, who leads the list with $407 billion. This substantial increase in wealth was primarily driven by Oracle’s impressive earnings announcement, which surpassed Wall Street’s expectations and ignited a wave of investor enthusiasm. As the stock reached record highs, Ellison solidified his position not only as a prominent business leader but also as one of the wealthiest individuals in contemporary history, outpacing the GDP of various smaller nations.
Stock Rally Following Strong Earnings Report
Ellison’s financial leap coincided with Oracle’s stock rally, which propelled its share price to an all-time closing high of $200. Following the release of the company’s quarterly results, Oracle reported adjusted earnings per share of $1.70 and total revenue of $15.9 billion, exceeding analysts’ predictions. Although the stock briefly dipped 13% post-announcement, investor confidence quickly rebounded, driving the stock price upward once more.
Ellison’s Wealth Surpasses National Economies
Recent reports indicate that Larry Ellison’s net worth is not only significant when compared to other billionaires but also outstrips the GDP of several nations, according to estimates from the International Monetary Fund (IMF) for 2025. Countries whose economies fall short of Ellison’s wealth include: Hungary ($237 billion), Qatar ($222 billion), Ukraine ($205 billion), Nigeria ($188 billion), Morocco ($165 billion), and Kuwait ($153 billion). Such comparisons position Ellison in an economic category more akin to sovereign nations rather than just corporate leaders.
Ellison’s Business Ventures and Influence
Larry Ellison has been a prominent figure in the tech sector since co-founding Oracle in 1977. Between 2018 and 2022, he served on Tesla’s board of directors, aligning himself with other notable figures in Silicon Valley. His business endeavors are equally impressive; in 2012, he purchased 98% of Lanai Island in Hawaii for $300 million. Furthermore, he played a significant role in recruiting a star quarterback to the University of Michigan football team, which is particularly noteworthy given his wife’s alumni status at the university. Ellison’s influence extends beyond technology and high-end real estate; in January, he stood alongside US President Donald Trump during the unveiling of Stargate, a strategic AI initiative supported by Oracle, SoftBank, and OpenAI. This project aims to enhance the United States’ competitive edge in artificial intelligence by developing scalable, next-generation infrastructure.
