Larry Ellison Surpasses Sergey Brin and Jeff Bezos to Claim Third Position on Billionaire Rich List

Larry Ellison's Net Worth Surges to $302 Billion After Oracle's Stock Price Soars

Oracle's skyrocketing stock price has propelled its founder, Larry Ellison, to the third spot on the Bloomberg billionaire list, ahead of Google co-founder Sergey Brin and Amazon founder Jeff Bezos. According to data, Ellison has also taken the second spot on the Forbes real-time rich list, surpassing Google's Larry Page and trailing only behind Elon Musk.

Oracle's financial performance has been a significant contributor to Ellison's rising net worth. The company reported revenue of $17.2 billion, a 22% year-on-year increase, with cloud revenue reaching $8.9 billion, a 44% YoY rise. This growth is attributed to Oracle's pivot towards supplying computing power for advanced artificial intelligence (AI) models, such as OpenAI's ChatGPT, as noted by Forbes.

As of June 1, Oracle's stock surged 8%, pushing Ellison's net worth to $302 billion, a gain of $21.4 billion, according to Investopedia. As of June 3, the Bloomberg Billionaires Index (BBI) estimates Ellison's net worth at $299 billion, an increase of $51.9 billion compared to the same period last year. Additionally, the Forbes real-time billionaires list places Ellison in second position, with an estimated net worth of $296 billion.

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Ellison's net worth experienced a significant boost in 2025, crossing $400 billion in September, making him only the second person after Elon Musk to reach this milestone. However, his net worth had taken a hit in April 2026, tumbling to $195 billion, placing him in sixth spot.

As the Chairman and Chief Technology Officer of Oracle, Ellison is also the company's largest shareholder, holding a 40% stake in the Austin-based company, as per October 2025 filings. He also owns around 1.4% of Tesla, although he stepped down from the automaker's board in 2022. Ellison's other notable holdings include a near 50% stake in media giant Paramount Skydance, formed through the $28 billion merger between Paramount and Skydance in August 2025.

Born in Chicago, Ellison studied at the University of Illinois at Urbana-Champaign before dropping out and moving to Berkeley, California, where he took a computer programming job at Ampex. He later founded Oracle in 1977, with the company going public on March 12, 1986, just a day ahead of Microsoft. Ellison's extensive real estate portfolio includes luxury properties in Malibu, California; Rancho Mirage, California; Newport, Rhode Island; Woodside, California; and 98% of the Hawaiian Island Lanai.