Oracle Co-Founder Rockets to World’s Richest After Stock Soars - Tech Titan Dethrones Bezos

Oracle's legendary co-founder just claimed the global wealth crown—and Wall Street didn't see it coming.

The Silicon Valley veteran's fortune exploded overnight as Oracle stock ripped to unprecedented heights. Forget steady climbs—this was a vertical launch that left analysts scrambling and legacy finance players shaking their heads.

How It Happened

Oracle's shares didn't just rally—they went supernova. The surge wasn't fueled by hype but by brutal execution: enterprise cloud contracts landing like thunderbolts, AI infrastructure deals snapping up market share, and legacy systems getting bulldozed by next-gen architecture.

Wall Street's 'Surprise'

Meanwhile, traditional finance desks are left staring at Bloomberg terminals—apparently shocked that building actual tech that prints cash still works better than financial engineering. Who knew?

Bottom line: When real technology meets real revenue, even the richest list gets rewritten. Sometimes the old guard still knows how to disrupt.

As for Ellison, his stake in Oracle is estimated at 42.9%, according to Oracle’s 2022 SEC filing. Other reports put it at 41.24%.

As of mid-September 2025, the firm’s circulating supply of shares is 2.81 billion, of which Ellison controls 1.15 billion.

The jump in quotes from $241.5 to $338.5 has seen his fortune rise by $89 billion to $383.2 billion, according to Bloomberg data.

In the ranking of the richest people of the publication, he briefly surpassed billionaire Elon Musk, but by the end of the day on September 10, the latter regained the position of leader. The latter’s fortune is estimated at $384.2 billion.

According to Forbes, in turn, the gap between Musk and Ellison is much larger:

“AI is changing everything,” Ellison said in a statement.

He also highlighted the 1529% growth in cloud infrastructure revenue (OCI), which was made possible by big customers like Amazon, Google and Microsoft.

Earlier, we reported on Oracle’s involvement in the ambitious Stargate project. This is a joint venture between OpenAI, Softbank and Oracle aimed at developing AI infrastructure in the US with an investment of $500 billion.

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