# @forbes on Instagram

- **Type:** Image
- **Original URL:** https://www.instagram.com/p/DLkw8P_guLD
- **Gondola URL:** https://gondola.cc/posts/32000186-forbes-instagram
- **Thumbnail:** https://img.gondola.cc/tr:w-,h-,fo-auto/postThumbnails/6f6a26a8c0.jpg
- **Posted:** 2025-07-01T18:00:24.000+00:00
- **Account Owner:** Forbes (@Forbes) — https://gondola.cc/Forbes

## Caption

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)

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## Tags

richest, oracle, larryellison

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