Reported about 7 hours ago
Larry Ellison has surpassed Mark Zuckerberg to become the second richest person in the world, with a net worth of $257 billion compared to Zuckerberg's $247 billion, as reported by the Bloomberg Billionaire Index. This change resulted from a significant increase in Oracle's stock, leading to a $60 billion gain for Ellison this year. He owns approximately 40% of Oracle and recently announced a $3 billion investment in AI and cloud infrastructure. The list of the top 10 richest individuals includes tech leaders like Elon Musk, Jeff Bezos, and Steve Ballmer, all benefiting from the AI boom.
Source: YAHOO