Larry Ellison, co-founder and chief technology officer of Oracle, has become the world's second-wealthiest person for the first time, surpassing Meta CEO Mark Zuckerberg. According to the Bloomberg Billionaires Index, Ellison's net worth has surged to approximately $257 billion, fueled by a nearly 90% increase in Oracle's share price over the past three months and gains exceeding $60 billion in 2025 alone. Ellison holds about 41% of Oracle's shares, which contributed significantly to his wealth accumulation, including roughly $56 billion earned in June. The rise in Oracle's stock is largely attributed to the company's intensified investments in artificial intelligence and strategic deals involving OpenAI and the U.S. government. At 80 years old, Ellison's ascent to the second spot on the global wealth list reflects the growing market value of technology firms focused on AI. His financial leap has been noted alongside his longstanding support for Elon Musk. This milestone marks a notable shift in the rankings of the world's richest individuals, with Ellison overtaking Zuckerberg, who previously held the second position.