Overview
- Ellison’s net worth jumped by $26 billion, lifting him past Jeff Bezos and Mark Zuckerberg to claim the world’s second-richest position.
- Oracle shares climbed over 13%, reaching an all-time high after the company reported $15.9 billion in quarterly revenue and $1.70 in adjusted earnings per share.
- Deutsche Bank dubbed the results a “watershed moment” for Oracle and TD Cowen forecast a major inflection point in its cloud infrastructure service in fiscal 2026.
- Owning roughly 41% of Oracle, Ellison’s personal fortune is highly sensitive to the company’s stock performance.
- Tesla CEO Elon Musk remains the world’s richest person with an estimated net worth of about $411 billion.