The 80-year-old co-founder and chief technology officer (CTO) of the US-based huge IT multinational company Oracle, Larry Ellison, saw his net worth soar by billions of dollars this week, reaching $258.8 billion in June 2025.

Ellison became the second-richest billionaire in the world after surpassing Meta CEO Mark Zuckerberg, according to data gathered from the Forbes Billionaire List. Compared to the $192 billion levels listed in the 2025 World's Billionaires List, Larry Ellison's net worth increased by $66.8 billion to reach its current level of $258.8 billion last week.

Larry Ellison owns more than 40 percent of the tech company, according to Bloomberg data. He also owns real estate, including Hawaii's Lanai Island, Elon Musk's Tesla, a sailing team, a tennis tournament, and other businesses.

With the most recent adjustment, Ellison's wealth increased by $13.9 billion, making him the third richest billionaire in Bloomberg's Billionaire Index. Larry Ellison had a $234 billion net worth, which was less than that of Mark Zuckerberg and Elon Musk, according to the report.

Following the release of an earnings report that exceeded the expectations of Wall Street analysts, the billionaire CTO's net worth skyrocketed.

The IT Company’s quarterly revenues increased 11% year over year to $15.9 billion, according to the Q4 2024–25 fiscal figures. This growth was mostly driven by a 14% increase in cloud services and license support fees, which came to $11.7 billion. The net income was $3.4 billion, and the earnings per share were $1.19. According to CEO Safra Catz, FY25 was a great year, and FY26 is expected to see even more growth.

According to Oracle Chairman and CTO Larry Ellison, multi-cloud database revenue from Amazon, Google, and Azure had a 115% increase from Q3 to Q4. After a robust rally following the release of better-than-expected fourth-quarter results on June 11, 2025, Oracle shares ended the day up about 7.6% at $215.22. Oracle's stock has returned more than 295% over the previous five years, with a gain of more than 52% in the most recent year. Shares have increased 23.26% during the previous five sessions and 29.63% so far this year. MarketWatch data shows that the stock had a 52-week high of $216.60 and a low of $118.86.