Zuckerberg’s Net Worth Rises to $194.1 Billion, Overtaking Ellison at $192.4 Billion

Larry Ellison's net worth stood at $192.4 billion on June 29, placing him behind Mark Zuckerberg at $194.1 billion in global wealth rankings. @Forbes reported that Ellison's fortune had exceeded $300 billion on June 1, when Oracle shares reached an intraday high of $250.

Oracle shares fell nearly 41 percent from that June 1 peak through June 29 and dropped nearly 20 percent in the week ending June 26.

The stock rose 0.3 percent on June 29. Meta shares advanced 2.6 percent the same day, adding $5 billion to Zuckerberg's net worth. Ellison ranked as the world's second-richest person earlier in June before slipping to fifth and then seventh.

Jeff Bezos held $251 billion and Elon Musk held $976.7 billion on June 29. Oracle reported quarterly revenue of $19.2 billion and earnings per share of $2.11 for the period ending on or before June 5. Cloud infrastructure revenue grew 93 percent in that quarter.

The company reiterated its estimate of $90 billion in total revenue for fiscal year 2027.