Larry Ellison Surpasses Jeff Bezos as World's Second-Richest Person as Oracle Shares Surge on AI Boom

Oracle shares rose more than 5% on Monday, making Chairman Larry Ellison the world’s second-richest person, surpassing Amazon founder Jeff Bezos. Since Friday’s close. Ellison’s net worth jumped more than $8 billion to over $200 billion since Friday's close, compared to Bezos' more than $200 billion net worth. Tesla CEO Elon Musk remains the richest, with over $250 billion. The stock is up 20% for the month, driven by Oracle’s role in the AI boom and strategic cloud partnerships.