Oracle’s AI Surge: How Larry Ellison Became Even Richer
Larry Ellison, the co-founder of Oracle, has just hit a personal wealth record! This year, his fortune has skyrocketed by tens of billions, all thanks to Oracle’s stock soaring because of the AI boom. It’s like a game-changer, shaking up the rankings of the world’s richest folks and bringing Ellison closer to the likes of Elon Musk.
It looks like Oracle’s amazing journey into becoming a top cloud computing player has really boosted their stock. With Ellison owning a big chunk of the company, his wealth is now super connected to the exciting AI race, and it’s working out great for him!
Key Takeaways
- Record Fortune: Oracle co-founder Larry Ellison’s wealth has soared to a new record high, driven by the exceptional performance of Oracle’s stock.
- AI and Cloud Growth: The surge is fueled by Oracle’s major successes in the booming artificial intelligence and cloud infrastructure sectors, where it has signed several multi-billion dollar deals.
- Wealth Gap Narrows: Ellison’s gains have significantly narrowed the wealth gap between him and other top billionaires, including Tesla’s Elon Musk, whose fortune has seen more volatility.
- Market Re-evaluation: The trend reflects Wall Street’s growing recognition of Oracle as a critical player in the AI infrastructure arms race, alongside giants like Microsoft and Google.
Oracle’s AI Bet Pays Off for its Founder
Oracle (ORCL) shares have really taken off this year, jumping over 40%! That’s pushed the company’s market value to new heights. As a result, Ellison, who’s the biggest shareholder and Chief Technology Officer, has seen his personal wealth skyrocket.
According to the latest figures from the Forbes Real-Time Billionaires list, Ellison’s net worth has now crossed the $180 billion mark. This cements his position in the upper echelon of the world’s wealthiest individuals and reflects a market that is increasingly bullish on Oracle’s strategic direction.
Cloud Deals Fuel Record Growth
The primary driving force behind this growth is the Oracle Cloud Infrastructure (OCI) division. Initially perceived as a distant competitor to Amazon AWS and Microsoft Azure, OCI has successfully established a significant niche by providing the immense computational power necessary for training and executing large AI models.
As reported by outlets like Reuters, Oracle has secured major, multi-billion dollar contracts with leading AI companies, including Elon Musk’s own xAI. These clients are drawn to OCI’s performance capabilities, turning Oracle into essential infrastructure for the AI revolution and driving record revenues.
The Billionaire Leaderboard Reshuffles
Ellison’s ascent is causing ripples on global wealth indexes. While still trailing the top spots, his consistent gains stand in contrast to the fortunes of other tech titans, which are often tied to more volatile assets.
Closing the Gap on Elon Musk
Most notably, the wealth gap between Ellison and Tesla CEO Elon Musk has shrunk considerably. Musk’s net worth, while still higher, is heavily dependent on the performance of Tesla (TSLA) stock, which has faced market headwinds and increased competition in the electric vehicle sector.
This dynamic, closely watched by publications like the BBC, highlights a key shift in the tech landscape. While consumer-facing tech has seen volatility, the foundational business of providing the computing power for AI has become one of the most stable and lucrative sectors, benefiting Ellison immensely.
Oracle’s remarkable transformation from a legacy database company to a central pillar of the modern AI economy is evident in this trend. Its founder is reaping the financial rewards of this transformation.
Also read, Wall Street Hits Record Highs—But Is This Rally Built on Fake Hope?.
FAQs
1. How did Larry Ellison get so rich?
Larry Ellison co-founded the software company Oracle in 1977 and has served as its CEO and now CTO. His immense wealth comes primarily from his large ownership stake (over 40%) in the company he helped build.
2. Why is Oracle’s stock price going up?
Oracle’s stock is surging due to explosive growth in its cloud infrastructure (OCI) division. The company is winning multi-billion dollar contracts to provide the essential computing power for major artificial intelligence companies, placing it at the center of the AI boom.
3. Is Larry Ellison richer than Elon Musk?
As of September 2025, Elon Musk remains wealthier than Larry Ellison. However, due to the strong performance of Oracle’s stock and the volatility of Tesla’s, the wealth gap between the two tech billionaires has narrowed significantly this year.
4. What is Oracle’s role in the AI industry?
Oracle provides the critical, high-performance cloud infrastructure that AI models require. Companies building and training large language models (LLMs) and other AI applications rent massive amounts of computing power from providers like Oracle, making them a foundational part of the AI ecosystem.
Jason Brooks is a senior financial journalist and market analyst at ReadBitz.com, where he serves as a trusted guide to the fast-paced and complex world of stocks and finance. With a sharp eye for market trends and a commitment to data-driven reporting, he delivers daily news and analysis designed to empower investors, traders, and business leaders with the clarity needed to navigate the global economy.