By forbes.com
Publication Date: 2025-12-04 00:00:00
Topline
Oracle Chief Executive Larry Ellison became the world’s second-richest person on Thursday, taking over the rank from Google co-founder Larry Page, as the week-long rally in shares of Google parent Alphabet cooled.
The Oracle chairman fell in the rankings of the world’s richest during a week-long rally in shares of the Google parent company.
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Important facts
Shares of Oracle rose 2% to around $212 at about 12:35 p.m. EST, leading to a 3.3% gain on Wednesday following the company’s initial public offering announced Second quarter results would be released on Tuesday, December 10th.
Shares of Alphabet fell 1% to just over $316, paring earlier gains, after the stock rose 84% from Aug. 1 to Sept. 10, then hit an all-time high of $345.72.
Market indices were largely unchanged in early afternoon.
Forbes rating
Ellison’s estimated net worth rose to $264.8 billion after rising $5.2 billion on Thursday. That puts him ahead of Page, whose fortune is estimated at $259.7 billion after a $2.4 billion decline. Fellow…
