Oracle co-founder and CTO Larry Ellison’s net worth has been growing, placing him among the sky-high ranks of fellow billionaires Elon Musk, Jeff Bezos and Mark Zuckerberg.
His estimated net worth stood at $208 billion as of Friday evening, according to Forbes. At that level of wealth, he was sandwiched between Musk, the richest with a net worth of $264 billion, and Mark Zuckerberg, the third-wealthiest at $206 billion, on the outlet’s real-time global wealth tracker.
Bezos was not far off the Meta Platforms CEO, with Forbes estimating his fortune was worth $204.4 billion. Ellison experienced a more than $33 billion surge in his net worth during September, the outlet reported Tuesday. Compared to early October of last year, it has reportedly increased by tens of billions of dollars. His holding in Oracle is a major contributor to his net worth.
Informa Connect Academy recently forecasted Oracle’s market capitalization could climb to $1 trillion by 2030 if it continues on its current trajectory. It was $471.139 billion as of Friday.
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Larry Ellison becomes world's second-richest man, dethroning Jeff Bezos as Oracle stock surgesOracle chairman Larry Ellison is now the second-richest person in the world, with a net worth of $209 billion.
Read more »
Oracle's Larry Ellison briefly tops Jeff Bezos to become world's second-richest personOracle is on pace for its best week since 2021, and the rally lifted founder Larry Ellison's net worth past Jeff Bezos for a brief period on Friday.
Read more »
DIA announces the launch of Lumina and a partnership with StacksDecentralized Information Asset (DIA), a trustless Oracle network, unveiled its new Oracle architecture, “Lumina,” on Thursday.
Read more »
Oracle Meets AWS: New Partnership Delivers Best Of Two Cloud WorldsOracle and AWS launched Oracle DatabaseAWS, allowing customers to access Oracle Autonomous Database and Oracle Exadata Database Service directly on AWS infrastructure.
Read more »
Oracle billionaire Larry Ellison will control Paramount after Skydance deal: filingThe Oracle founder is backing his son’s $8 billion proposal to buy out Shari Redstone’s controlling interest in Paramount Global.
Read more »
Oracle's Larry Ellison beats Zuckerberg, Arnault to become world's third-richest personToday's Business Headlines: 9/16/24
Read more »