5 Key Takeaways: Larry Ellison Overtakes Mark Zuckerberg as World's Second-Richest Man
Briefly

Larry Ellison's net worth has surged to $257 billion, placing him ahead of Mark Zuckerberg and making him the second wealthiest individual in the world. This significant increase of $59 billion since July 2024 is primarily due to the strong growth of Oracle's stock price. While Ellison has overtaken Zuckerberg, he remains behind Elon Musk, the longstanding richest person. Both tech billionaires are also real estate investors, with Ellison's properties valued at $793 million and Zuckerberg's at $289 million, utilizing LLCs and trusts to manage their holdings' privacy.
Ellison's wealth, estimated at $257 billion as of July 17, has soared by $59 billion since July 2024, largely due to the impressive growth of Oracle's stock price.
Ellison's net worth has reached $257 billion, surpassing Zuckerberg and positioning him as the second-richest person globally.
Both Ellison and Zuckerberg prioritize real estate investments, with Ellison's property portfolio valued at $793 million, including properties in Malibu, Lanai, North Palm Beach, Newport, and San Francisco.
Ellison still trails behind Elon Musk, who has been the richest person in the world for several years now.
Read at SFGATE
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