Larry Ellison beats Google’s Sergey Brin, Amazon’s Jeff Bezos to 3rd spot on billionaire rich list as Oracle stock soars

Data showed Oracle’s rising stock prices pushed its founder Larry Ellison into third place on Bloomberg’s billionaires list, ahead of Google co-founder Sergey Brin and Amazon founder Jeff Bezos. The tech mogul also ranked second on Forbes’ real-time rich list, ahead of Google’s Larry Page and behind Elon Musk.

Oracle generated $17.2 billion in revenue, up 22% year-on-year, while cloud revenue increased by 44% to $8.9 billion. According to Forbes, the company has reaped the benefits of pivoting to providing computing power for advanced artificial intelligence (AI) models such as OpenAI’s ChatGPT.

What is Larry Ellison’s net worth?

According to Investopedia, on June 1, Oracle shares rose 8%, pushing Ellison’s net worth to $302 billion (up $21.4 billion). As of June 3, the Bloomberg Billionaires Index (BBI) shows his wealth was estimated at $299 billion; This means an increase of $51.9 billion compared to the previous year.

Moreover, data from Forbes’ real-time billionaires list puts Ellison in second place, ahead of Larry Page, with an estimated net worth of $296 billion. Oracle’s Chairman and chief technology officer has seen his net worth soar in 2025 after Oracle jumped on AI optimism in September.

His net worth that month exceeded $400 billion; making him the second person to reach this milestone after Elon Musk (Tesla, SpaceX). According to the Forbes report, Oracle’s stock gains in May are considered a positive development for Ellison, who has seen his net worth fall to $195 billion (sixth place) in April 2026.

Who is Larry Ellison? President of technology giant Oracle

The founder and former CEO of Oracle (he resigned in September 2014), he is currently the company’s Chairman and CTO. He is also the largest shareholder of the Austin-based company (Texas), with October 2025 records showing a 40% stake, according to a Bloomberg profile.

Ellison also owns about 1.4% of Tesla, according to the company’s 2022 filing, but left the automaker’s board that same year. He added that there have been no updates on his holdings in the EV company since then.

The 81-year-old actor also owns nearly 50 percent of the media giant Paramount Skydance, which was established with the $28 billion merger between Paramount and Skydance in August 2025.

Ellison, who grew up in Chicago, attended the University of Illinois at Urbana-Champaign, from which he moved to Berkeley, California, and took a job programming computers at Ampex, according to the BB report. He later founded Oracle in 1977, and the company went public on March 12, 1986, just one day before Microsoft.

Bloomberg noted that he owns luxury real estate in Malibu, California (estate), Rancho Mirage, California (home and private golf course), Newport, Rhode Island (Astor Beechwood Mansion), Woodside, California (6th-century Japanese feudal architectural estate), and 98% of the Hawaiian Island of Lanai.

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