Larry Ellison, the co-founder of Oracle, has now become the world’s richest person, surpassing Elon Musk. His rise in wealth is closely linked to Oracle’s fast growth in the AI and cloud computing industry.
One of the main reasons behind this success is Ellison’s ability to secure a large supply of Nvidia GPUs, which are essential for powering artificial intelligence. This move helped Oracle gain a strong position in cloud services, an area where the company had long struggled to compete with major players like Amazon and Microsoft.
Recently, Oracle signed a record-breaking $300 billion agreement with OpenAI to provide data center capacity. This announcement boosted investor confidence and caused Oracle’s stock to rise sharply, adding billions to Ellison’s fortune.
Ellison’s success also reflects his close partnership with Nvidia’s CEO Jensen Huang, whose company has become the global leader in AI chips. Together, these connections and strategies have positioned Oracle as a serious competitor in the world of artificial intelligence and advanced cloud infrastructure.
By combining smart investments, strong partnerships, and a clear vision, Larry Ellison has not only reshaped Oracle’s future but also secured his spot at the very top of the global wealth rankings.
