Oracle CTO Larry Ellison Beats Mark Zuckerberg To Become World's Second-Richest Person-but He Already Had Winning Property Portfolio
Briefly

Larry Ellison's net worth now stands at $251.2 billion, surpassing Mark Zuckerberg's and making him the second richest person globally. This increase of $59 billion since July 2024 is mainly from his 40% stake in Oracle, whose stock price has doubled due to the AI boom. Zuckerberg experienced a $3.59 billion decrease in his fortune, despite still seeing $43.4 billion in growth this year. Both Ellison and Zuckerberg prioritize significant investments in real estate, utilizing LLCs and trusts for privacy regarding their property portfolios.
Larry Ellison's net worth has surpassed $251.2 billion, overtaking Mark Zuckerberg to become the second richest person in the world. His wealth primarily stems from a 40% stake in Oracle.
Ellison has gained $59 billion since July 2024, attributed to Oracle's stock doubling amid an AI boom, while Zuckerberg's fortune dropped by $3.59 billion.
Read at SFGATE
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