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Oracle co-founder Larry Ellison has replaced Meta chief Mark Zuckerberg as the second-richest individual in the world boasting a net worth of $247.9 billion which is more than the combined wealth of Indian business tycoons Mukesh Ambani ($109.5 billion) and Gautam Adani ($62.6 billion). Who is Larry Ellison? Larry Ellison is the co-founder of US multinational tech giant Oracle Corporation. The 80-year-old owns 41 percent of the companys shares and his wealth has exponentially increased due to a recent surge in Oracles stock prices. As per Bloomberg Ellisons wealth surged by a whopping $41 billion in just two days including $25 billion in a single day last week. Larry Ellison co-founded Oracle in 1977 as a database software company and over the years the firm has transformed into a global cloud computing powerhouse. Ellison 80 currently serves at the Chairman and CTO at Oracle. Larry Ellison net worth Owing to the stellar performance of Oracle stocks Larry Ellisons net worth has surged to $247.9 billion making him the second wealthiest person globally behind Tesla CEO Elon Musk-- the worlds richest man-- who has a net worth of $409 billion according to Forbes Real-Time Billionaires List. Interestingly Larry Ellison has more wealth than the total annual GDP of some small countries including Hungary ($237 billion) Qatar ($222 billion) Ukraine ($205 billion) Nigeria ($188 billion) Morocco ($165 billion) and Kuwait ($153 billion). Larry Ellisons bold and flashy lifestyle Unlike many billionaires who prefer to lead quieter lives Larry Ellison is known for bold and flashy lifestyle which can be gauged from the fact that he is a licensed fighter jet pilot and owns a military aircraft. Ellison likes to live a lavish lifestyle and even owns a private island in Hawaii. In 2012 Ellison purchased 98% of Lanai Hawaiis sixth largest island for a reported $300 million. Larry Ellison and Elon Musk Larry Ellison is a close friend of Elon Musk and is a major investor in Musks Tesla. I dont know how many people know this... but I am a close friend of Elon Musk and a big investor in Tesla Ellison revealed in a 2018 interview. The Oracle boss has also come to Musks defense during several controversies involving the worlds richest man.