A significant change has occurred in the list of the world’s richest individuals. Jeff Bezos, who previously held the second position, has now slipped down the rankings. Taking his place is 80-year-old Larry Ellison, co-founder of Oracle. Elon Musk continues to hold the number one spot as the richest person globally.
Who is Larry Ellison?
Larry Ellison is the founder of the software giant Oracle. On Thursday, June 12, 2025, Ellison’s fortune witnessed a sharp increase, propelling him past Jeff Bezos in global wealth rankings. In a single day, his net worth rose by a staggering USD 26 billion. Over the past 24 hours alone, it increased by USD 13 billion, surpassing even Meta CEO Mark Zuckerberg.
What is Larry Ellison’s Net Worth Now?
Thanks to this dramatic surge, Larry Ellison’s total net worth has now reached USD 258.8 billion. In comparison, Jeff Bezos’ wealth stands at USD 226.8 billion, while Mark Zuckerberg’s fortune totals USD 235.7 billion. Elon Musk remains the richest person in the world, with a net worth of USD 410.8 billion. With this shift, Zuckerberg is now the third richest, and Bezos moves down to the fourth spot.