There’s a new number two richest in the world: #LarryEllison. The cofounder and chairman of software giant Oracle is $56 billion richer than he was at the start of June, thanks to a 32% jump in #Oracle’s stock price to an all-time high, after the company reported better than expected quarterly revenue and profits on June 11. That boosted Ellison’s net worth to an estimated $262 billion as of early on July 1, making him the world’s second richest person for the first time since December. See our updated ranking of the 10 #richest people on earth as of July 1, 2025 at 12 a.m. Eastern time at the link in our bio. (Photos: Chip Somodevilla via Associated Press; Jamel Toppin for Forbes; Timothy Archibald for Forbes; Ethan Pines for Forbes)