Oracle co-founder Larry Ellison has surpassed Amazon founder Jeff Bezos to become the third-richest person in the world.
This shift reflects a broader trend in the global economy where investor confidence in artificial intelligence and cloud infrastructure is rapidly redistributing wealth among the world's most powerful tech executives.
Ellison's ascent follows a significant surge in Oracle's stock price, which recently reached years-high levels [3]. This growth is attributed to the company's strategic pivot and expansion into AI and cloud services, which have attracted substantial investor interest [1, 5].
According to reporting from early June, Ellison's net worth has reached $302 billion [2]. This financial milestone allowed him to move past both Bezos and Google co-founder Sergey Brin in the global rankings [1, 2].
While most reports place Ellison in the third position, some financial outlets have offered conflicting data regarding his exact rank. One report suggested he may have climbed as high as second place by overtaking Bezos and Mark Zuckerberg [6]. Other historical data from late 2025 had previously listed Larry Page in the third-place spot [7].
Despite these discrepancies in ranking, the primary driver remains the valuation of Oracle. The company's ability to integrate AI into its database and cloud offerings has created a massive valuation spike for Ellison's holdings [1, 5]. This trend underscores the volatility of billionaire rankings, which fluctuate based on daily market movements of a few key stocks.
Ellison's rise highlights the current market preference for infrastructure providers that power the AI revolution—a sector where Oracle has aggressively competed against larger rivals.
“Larry Ellison has surpassed Amazon founder Jeff Bezos to become the third-richest person in the world.”
The shift in wealth from e-commerce and consumer-facing tech to cloud infrastructure suggests a market pivot. While Amazon remains a dominant force, the immediate financial gains are currently favoring companies that provide the underlying hardware and software required for artificial intelligence deployment.
