Mark Zuckerberg is no longer the second richest man in the world.
Oracle founder Larry Ellison, 80, has overtaken the Facebook founder to become the world’s second-richest person, with a net worth of $282 billion, per Forbes‘ Real-Time Billionaires List.
His wealth surge “follows Oracle’s strong earnings and growing AI investments, including a $3 billion expansion in Europe and its central role in President Trump’s Stargate initiative, which will channel $500 billion into AI infrastructure,” via Fortune.
He also has a 40% stake in the database company Oracle: the company began in 1977 and is currently up 41% for the year as a result of the AI stocks surging, per the report.
Find out more about the projected $500 billion Stargate project.
Mark is now worth an estimated $243 billion.
Elon Musk remains the richest man in the world, at an approximate $407 billion. His chatbot recently came under fire for spewing antisemitic rhetoric.
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