
Meet man who flies military aircraft, owns a private island, much wealthier than Mukesh Ambani, Adani; net worth is Rs..., he is world's second....
Larry Ellison is wealthier than Mukesh Ambani and Gautam Adani combined. (File)
Oracle co-founder Larry Ellison has replaced Meta chief Mark Zuckerberg as the second-richest individual in the world, boasting a net worth of $247.9 billion, which is more than the combined wealth of Indian business tycoons Mukesh Ambani ($109.5 billion), and Gautam Adani ($62.6 billion). Who is Larry Ellison?
Larry Ellison is the co-founder of US multinational tech giant Oracle Corporation. The 80-year-old owns 41 percent of the company's shares, and his wealth has exponentially increased due to a recent surge in Oracle's stock prices. As per Bloomberg, Ellison's wealth surged by a whopping $41 billion in just two days, including $25 billion in a single day last week.
Larry Ellison co-founded Oracle in 1977 as a database software company, and over the years, the firm has transformed into a global cloud computing powerhouse. Ellison, 80, currently serves at the Chairman and CTO at Oracle. Larry Ellison net worth
Owing to the stellar performance of Oracle stocks, Larry Ellison's net worth has surged to $247.9 billion, making him the second wealthiest person globally, behind Tesla CEO Elon Musk– the world's richest man– who has a net worth of $409 billion, according to Forbes Real-Time Billionaires List.
Interestingly, Larry Ellison has more wealth than the total annual GDP of some small countries including, Hungary ($237 billion), Qatar ($222 billion), Ukraine ($205 billion), Nigeria ($188 billion), Morocco ($165 billion) and Kuwait ($153 billion). Larry Ellison's bold and flashy lifestyle
Unlike many billionaires who prefer to lead quieter lives, Larry Ellison is known for bold and flashy lifestyle, which can be gauged from the fact that he is a licensed fighter jet pilot and owns a military aircraft. Ellison likes to live a lavish lifestyle, and even owns a private island in Hawaii.
In 2012, Ellison purchased 98% of Lanai, Hawaii's sixth largest island, for a reported $300 million. Larry Ellison and Elon Musk
Larry Ellison is a close friend of Elon Musk, and is a major investor in Musk's Tesla. 'I don't know how many people know this… but I am a close friend of Elon Musk and a big investor in Tesla,' Ellison revealed in a 2018 interview. The Oracle boss has also come to Musk's defense during several controversies involving the world's richest man.
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