Oracle cofounder Larry Ellison is now the second-richest person in the world, after his cloud-computing business’s stocks soared last week. The chairman’s net worth surged by more than $40 ...

Oracle shares rose to a record high on Thursday, moving co-founder Larry Ellison ahead of a pair of other ultra-rich tech leaders for the spot of world's second-richest person.

Oracle shares have jumped 63% in 2024 and are headed for their best year since 1999, adding more than $75 billion to Larry Ellison’s net worth.