Jeff Bezos Loses Second Place On Forbes Billionaires List

Larry Ellison Is Second Richest Person

Amazon mogul Jeff Bezos is third on the world's richest individuals list. Oracle co-founder Larry Ellison took the second spot.

Ellison's Net Worth Rises to $243 Billion

Ellison's net worth is now $243 billion. This information comes from Forbes World Billionaires ranking.

Stock Performance of Oracle Increased Ellison's Wealth

Oracle was better than anticipated in the May quarter. The firm experienced robust growth. Therefore, its share price surged. On Thursday, Oracle's shares rose 13 percent to hit $200 for the first time. Ellison's wealth gained $26 billion on a single day.

Current Billionaire Rankings

  • Elon Musk is still the richest with $407 billion.
  • Larry Ellison is now second with $243 billion.
  • Third is Mark Zuckerberg, with $239 billion.
  • Fourth is Jeff Bezos, with $228 billion.

The numbers are according to the current Forbes World Billionaires list.