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Oracle's Larry Ellison overtakes Mark Zuckerberg as world's second-richest person

Larry Ellison, the co-founder and chief technology officer of software giant Oracle, surpassed Meta's Mark Zuckerberg as the second-richest person in the world.Ellison, 80, has a net worth of $251 billion, according to Bloomberg Billionaires Index. His wealth has increased by $59 billion this year. Zuckerberg, the creator of Facebook, is a close third. Oracle's shares rose 5.7% on Tuesday following news that the U.S. will allow chipmakers Nvidia and Advanced Mico Devices Inc. to export some semiconductors to China. Last month, Ellison added $26 billion to his net worth due to the rise in Oracl

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