### Larry Ellison's Meteoric Rise: From Tech Innovator to Second Richest Man Larry Ellison, co-founder of Oracle Corporation, has recently experienced a staggering increase in his net worth, adding $40 billion in just two days. This surge has propelled him to a total net worth of $258 billion, making him the second richest person in the world, surpassing notable figures like Jeff Bezos and Mark Zuckerberg. The dramatic rise in Ellison's wealth is attributed to a significant rally in Oracle's stock following the company's impressive quarterly earnings report, which exceeded Wall Street expectations. This event marks a pivotal moment in the tech industry, showcasing the impact of strong financial performance on individual wealth in the billionaire rankings. ### Breakdown of Larry Ellison's Wealth Surge 1. **Stock Performance and Earnings Report** - Oracle's stock surged by approximately 20% after the company reported adjusted earnings of $1.70 per share on revenue of $15.9 billion, significantly beating market expectations [https://www.financialexpress.com/world-news/oracles-larry-ellison-overtakes-bezos-zuckerberg-after-one-day-26-billion-gain-becomes-worlds-second-richest-person/3880042]. 2. **Comparison with Other Billionaires** - Ellison's net worth now stands at $258.8 billion, placing him just behind Elon Musk, who has a net worth of $410.8 billion. This shift has resulted in Jeff Bezos and Mark Zuckerberg being pushed to third and fourth places, respectively [https://www.latestly.com/socially/technology/oracles-larry-ellison-becomes-worlds-second-richest-person-following-elon-musk-surpasses-jeff-bezos-and-mark-zuckerberg-6929149.html]. 3. **Historical Context** - This change marks a significant milestone as it ends Bezos's eight-year reign as the second richest person in the world [https://timesofindia.indiatimes.com/technology/tech-news/amazon-ceo-jeff-bezos-loses-worlds-second-richest-title-after-8-long-years-to-/articleshow/121828946.cms]. ### Supporting Data on Ellison's Wealth Increase - **Net Worth Before Surge**: Approximately $218 billion before the earnings report [https://www.financialexpress.com/world-news/oracles-larry-ellison-overtakes-bezos-zuckerberg-after-one-day-26-billion-gain-becomes-worlds-second-richest-person/3880042]. - **Net Worth After Surge**: $258.8 billion, reflecting a $40 billion increase in just two days [https://www.latestly.com/socially/technology/oracles-larry-ellison-becomes-worlds-second-richest-person-following-elon-musk-surpasses-jeff-bezos-and-mark-zuckerberg-6929149.html]. - **Stock Price Increase**: Oracle's stock rose by 20% following the earnings announcement, contributing significantly to Ellison's wealth [https://www.forbes.com/sites/dereksaul/2025/06/13/larry-ellison-40-billion-richer---surpassing-bezos-and-zuckerberg---as-oracle-stock-mounts-big-rally]. ### Conclusion: A New Era for Larry Ellison In summary, **Larry Ellison's recent financial leap to become the second richest person in the world underscores the volatile nature of wealth in the tech industry**. The following points encapsulate the key takeaways: 1. **Earnings Report Impact**: Oracle's strong quarterly performance directly influenced stock prices and Ellison's net worth. 2. **Billionaire Rankings Shift**: Ellison's rise has reshuffled the billionaire rankings, with significant implications for Bezos and Zuckerberg. 3. **Market Dynamics**: This event highlights the critical role of market performance and investor sentiment in determining individual wealth. As the tech landscape continues to evolve, Ellison's position may serve as a bellwether for future trends in the industry [https://techstory.in/larry-ellison-surges-to-worlds-second-richest-overtaking-jeff-bezos-and-mark-zuckerberg].