Sunday, 24 August, 2025
Oracle’s Cloud: The “Gibberish” That Made Larry Ellison the No. 2 Richest Man

Oracle co-founder Larry Ellison once dismissed cloud computing as “complete gibberish,” yet today that very technology has propelled him to the position of the world’s second-richest person, surpassing Jeff Bezos and Mark Zuckerberg with a net worth of $288 billion. Oracle’s booming cloud infrastructure business—supercharged by surging demand from AI-driven computing, and anchored by massive investments and partnerships with firms like OpenAI—drives this meteoric rise.
Read full story at Economic Times