The advance of artificial intelligence in the global market has placed Larry Ellison, founder of Oracle, at the top of the billionaires: he is now the second richest man in the world, with estimated equity of $ 251 billion, according to Bloomberg’s index.
Only by 2025, his fortune grew about $ 60 billion, driven by the appreciation of 41% of Oracle’s shares and the company’s protagonism in one of the largest AI projects in history.
Oracle is one of the founders of the Stargate project, an initiative of the Trump administration that provides investments of up to $ 500 billion in artificial intelligence infrastructure over the next four years. The megaproject also includes giants such as Softbank, OpenAi and MGX, as well as technological partnerships with ARM, Microsoft and Nvidia.
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At the end of the fiscal year, in May, Oracle reported a revenue of $ 15.9 billion in the fourth quarter, up 11% over the previous year. The volume of pending contracts fired 41%, reaching US $ 138 billion, signaling strong future demand for the company’s services, especially in cloud and AI.
Despite optimism, analysts keep a cautious look. In a recent report, Goldman Sachs reiterated neutral recommendation for Oracle papers, citing the risks of compressed margins in the face of intensive AI investment cycles. “The company may face pressure on free cash flow,” said the analysis.
Nvidia and also drive huang
Another name benefited by the AI boom is Jensen Huang, CEO of Nvidia, who reached $ 149 billion in heritage, surpassing Warren Buffett ($ 141 billion). The chip manufacturer is a key piece in the AI ecosystem and sees its semiconductors as a gold standard for training of generative models.
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Amid the exponential growth of his fortune, Ellison has announced that he is reformulating his commitment to Giving Fescege, a movement created by Bill Gates and Warren Buffett. Although he maintains the promise of donating 95% of his wealth, he decided to focus on the contributions in the Oxford -based Ellison Institute of Technology (EIT), which invests in health, food safety and clean energy.
“I am reformulating my commitment to Giving Pretge to do more – focusing on my resources at the Institute. I believe this will increase our chances of delivering practical solutions to the problems of hunger, health and climate change,” said Ellison in a post on network X.
(With information from Fortune)
