Sunday, 24 August, 2025
From “Complete Gibberish” to Billionaire Success: Cloud Computing Fills Larry Ellison’s Fortune
Oracle founder Larry Ellison once dismissed cloud computing as “complete gibberish,” yet today, that very domain has vaulted him to the position of the second-richest person globally, beating Jeff Bezos and Mark Zuckerberg with a staggering net worth of $288 billion—according to Bloomberg. The meteoric rise is attributed to Oracle’s booming cloud infrastructure business—fueled by soaring AI demand and partnerships with major players like OpenAI and xAI.
Read full story at Economic Times