In July 2025, Larry Ellison, co-founder and Chief Technology Officer of Oracle Corporation, surpassed Mark Zuckerberg to become the world's second-richest individual, trailing only Elon Musk. This milestone was achieved as Oracle's stock experienced a significant surge, largely driven by the company's advancements in artificial intelligence (AI) and cloud computing.
Oracle's strategic investments in AI infrastructure have been pivotal. In July 2025, the company announced plans to invest $3 billion over the next five years to expand its AI and cloud services in Germany and the Netherlands. This expansion aims to meet the growing demand for AI solutions across various sectors, including public services, automotive, manufacturing, and healthcare. The initiative underscores Oracle's commitment to enhancing digital infrastructure and AI innovation in Europe.
Ellison's substantial wealth is primarily tied to his significant stake in Oracle, which has seen its market value increase due to these strategic investments and the rising demand for AI technologies. The company's focus on AI and cloud computing has positioned it as a key player in the tech industry, contributing to Ellison's financial ascent.
As Oracle continues to invest in AI and cloud infrastructure, its market position is expected to strengthen, potentially further impacting Ellison's net worth and the broader technology sector.