Who is Larry Ellison, the one who became the second in the top of the richest people in the world
Larry Ellison, the founder and technological director of Oracle, at the White House on January 21, when President Donald Trump announced an investment of $ 500 billion in the development of the necessary infrastructure, photo: Andrew Harnik / Getty Images / Profimedia Images
Although it still remains firm in the first place in the billionaire world ranking, Elon Musk is now closely followed by Larry Ellison, who has accelerated considerably in this race. The wealth of the Oracle co-founder has exceeded the threshold of $ 300 billion, according to the Bloomberg index, after raising over $ 100 billion in a year, and the technological mogul has now reached the second place in the billionaire, reports AFP and News.ro.
On August 19, 2025, Larry Ellison's wealth was $ 302 billion, compared to the 375 billion dollars of Tesla and Spacex, who saw his wealth losing over $ 57 billion since the beginning of the year.
After surpassing Mark Zuckerberg and Jeff Bezos, two other podium orders, Larry Ellison today occupy the second place in the richest people in the world.
Most of the wealth of the 81-year-old man comes from a 41% stake in the American Oracle technology company, specialized in software and databases, whose co-founder is and has registered an increase of almost 50% on Wall Street since the beginning of the year.
After almost forty years in the position of general manager, Larry Ellison has given up this position in 2014 and has since held the position of president and technological director.
Old supporter of Donald Trump
Founded in 1977 in Silicon Valley, the company specialized from the beginning in the management of databases, then revolutionized the sector in the mid -2010, becoming a major actor in the “cloud computing” field.
Larry Ellison has never hidden his immense ambition, saying in the late 1990s that he would make Microsoft's company out, then promising that he will detonate Amazon in the Cloud.
The eccentric entrepreneur, raised in a folk neighborhood in Chicago after being abandoned at the age of several months by his mother, is an unusual figure in the world of technology.
Larry Ellison is a long -term republican supporter and has been close to Donald Trump from his first presidential campaign in 2016, to the point of detaching Oracle cadres in the transition team before the real estate promoter entrance.
As a long-time supporter of Donald Trump, Larry Ellison has made an advance compared to other great technology chiefs to make a place in the restricted circle of the American president, who had laudative words-comparable to those that Donald Trump used for Elon Musk before the relationship between the two.
Involved in the gigantic project AI “Stargate”
The Oracle co -founder was thus involved in several important files of the Trump presidents. In 2020, Donald Trump appealed to him to find a solution to the Tiktok issue, giving the blessing of an agreement that provides for a participation by Walmart and Oracle.
Although the transaction failed, Oracle was chosen by the Chinese platform as the only cloud service provider in the United States, under Washington's pressure. In the spring of 2025, he again entered the race for the acquisition of American activities of Tiktok.
The multimiliardar is also involved in the giant infrastructure project for artificial intelligence “Stargate”, announced with great fast at the White House in January.
About $ 500 billion are announced in this project for the construction and management of data centers, which represents a major accelerator for Oracle. The company today owns less than 5% of the world market, away from Google, Microsoft and Amazon trio, which controls almost two-thirds.
Phase character, Larry Ellison has spent hundreds of millions of dollars to purchase luxury properties, including a private golf course and an area inspired by Japanese feudal architecture in California.
He also bought almost the entire Hawaiian island of Lanai, the sixth largest island in the American archipelago of Pacific, for $ 300 million, in 2012.
