Larry Ellison, co-founder of Oracle, has surged to second place on Bloomberg’s Billionaires Index, with a net worth of $251 billion (€215.4B) — behind only Elon Musk. His fortune has grown by over $50 billion since the start of 2025, fueled by the booming demand for Artificial Intelligence (AI) infrastructure. In the past 24 hours alone, Ellison added $4 billion to his wealth.
Ellison, who owns 41% of Oracle, has benefited as the company positions itself at the core of the AI revolution. Oracle was founded in 1977, and now, at age 80, Ellison is reaping the rewards of the company’s aggressive push into next-gen cloud and AI technologies.
Recently, Oracle announced a $3 billion investment in Europe over the next five years — $2B in Germany, and the rest in the Netherlands — aimed at expanding its cloud infrastructure. The company is also a key partner in Stargate, a proposed $500 billion U.S. AI initiative co-founded with SoftBank and OpenAI, intended to bolster the country’s technological edge.
As AI continues to reshape industries, Ellison’s early bets on cloud and data infrastructure are paying off at scale — turning Oracle into one of the era’s top AI beneficiaries.
Related News