This man may become world richest person in 2025, not Mukesh Ambani, Adani, Elon Musk, Jeff Bezos, Anil Ambani

This man who see his wealth through stock holdings in his database software vendor company hit USD 206.5 billion in a year can beat Elon Musk, Jeff Bezos by snatching the tag of richest person in the world.

Currently, Elon Musk holds the chair of the richest person in the globe, followed by Jeff Bezos and Larry Ellison with Mark Zuckerberg stand in the fourth position. But in the coming months a person can snatch the richest person tag from Elon Musk or whoever will be on the top through stock alone. This businessman’s wealth from his stock in his database software company could reach USD 206.5 billion within a year, based on his 1.1 billion shares and analysts’ price predictions, according to FactSet. That would put him ahead of Tesla chief Elon Musk, Amazon’s executive chair, Jeff Bezos, and Nvidia CEO Jensen Huang in stock value alone. The wealth of Chairman Larry Ellison is growing rapidly. Lets know about Larry Ellison.

In the year 2024, Oracle’s share value made a sharp turn upwards, nearly hitting the 60% mark. This upswing, the mightiest since 1999, can be credited largely to the wave of interest in artificial intelligence charging the technology sector. The shares reached unprecedented heights this month, riding on the back of an impressive fiscal first quarter report. As a result, Ellison enjoyed a brief spell as the world’s second-wealthiest individual, trailing only behind Musk and surpassing Bezos.

According to Bokeh Capital Partners chief investment officer Kim Forrest, Larry has a unique ability to spot whatever’s hot at the moment and he focus a spotlight on it and say, ‘That’s what we’re going to do.’

“He actually did it this quarter, but I’m not sure that what the product line is and why he’s being picked actually go with the future,” she added. Earlier, Kim covered the company as an industry analyst.

Technology stocks surged on AI enthusiasm

Oracle isn’t the only firm reaping the benefits of a robust performance. The tech world as a whole has seen a noticeable uptick, thanks largely to the buzz around artificial intelligence since ChatGPT’s launch in late 2022. Moreover, lower interest rates could result in a boost to profits as borrowing becomes less costly and loans more accessible. This allows businesses to further fuel their expansion efforts. This momentum has already picked up steam, thanks particularly after the Federal Reserve implemented its first reduction in interest rates in over four years just this Wednesday.

Jeff Bezos To Have Second-Greatest Fortune Through Stock

Jeff Bezos, the brain behind Amazon, is anticipated to clinch the status of the world’s second richest person as his shares in the online shopping behemoth surge. Based on predictive data from FactSet, it appears his shares could witness a 16% enhancement, guided by the consensus price target. Such an upswing could supercharge the tech titan’s personal wealth by an additional $27.8 billion, nudging it to an impressive $203.9 billion total, which gets him tantalizingly close to Larry Ellison of Oracle in terms of share value – at a difference of less than $3 billion. So far, Amazon has seen an approximate 25% leap in its shares within this year alone.

The AI world is watching as Nvidia causes waves, commanding Wall Street’s attention and prompting their stock climb by a staggering 135%, following a prior rise of 239% in 2023. Experts from FactSet are anticipating the company’s stock price could soar beyond the $149 threshold within the coming year, marking a potential growth of more than 26% from last Thursday’s closing figures. This growth spurt could significantly bolster CEO Huang’s personal fortune, adding an estimated $27.2 billion to his coffers, elevating his net worth to an impressive $128.7 billion.

Tesla Stock Struggles Could Slash Musk’s Wealth by 11%

A billionaire, Musk, might see his treasure decimated in the near future if Wall Street’s forecasts pan out. His holdings in Tesla are predicted to slide by almost 11%, sliding from an estimated $100.3 billion to something closer to $89.6 billion, according to the Thursday’s closure details. Tesla’s stock has been on a rollercoaster ride lately, what with stepping up rivals and Tesla’s new game plan of cutting prices to up the demand. Since the year’s start, the shares have stooped to approximately a 4% markdown.