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Zuckerberg Overtakes Ellison as Richest After Meta Surge

6/30/2026

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Story summary
  • Larry Ellison (Oracle co-founder) fell to seventh-richest behind Mark Zuckerberg (Meta CEO) after Oracle shares slipped and Meta shares rose.
  • Meta shares rose 2.6%, lifting Zuckerberg’s net worth by $5 billion to $194.1 billion, above Ellison’s $192.4 billion.
  • Oracle reported quarterly revenue of $19.2 billion, earnings per share $2.11 and cloud infrastructure revenue up 93%, while its FY2027 sales guidance of $90 billion disappointed investors, according to analyst Adam Crisafulli.