{"id":938889,"date":"2025-06-16T10:40:43","date_gmt":"2025-06-16T05:10:43","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=938889"},"modified":"2025-06-16T10:40:43","modified_gmt":"2025-06-16T05:10:43","slug":"amazon-founder-jeff-bezos-loses-worlds-second-richest-title-after-8-long-years-to","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/06\/16\/amazon-founder-jeff-bezos-loses-worlds-second-richest-title-after-8-long-years-to\/","title":{"rendered":"Amazon founder Jeff Bezos loses world\u2019s second-richest title after 8-long years to\u2026."},"content":{"rendered":"<p>Amazon founder and former CEO Jeff Bezos has lost his world\u2019s second richest title to Oracle\u2019s Larry Ellison. According to Forbes\u2019s World&#8217;s Billionaires List, Ellison added a staggering $26 billion to his net worth on Thursday &#8211; June 12, pushing his total wealth to $243 billion \u2014 the largest single-day gain by any billionaire. The surge places Ellison ahead of Amazon chairman Jeff Bezos ($227 billion) and Meta CEO Mark Zuckerberg ($239 billion), making him the world\u2019s second-richest person, trailing only Tesla CEO Elon Musk. According to Forbes, Musk has a total worth of $407.3 billion.<\/p>\n<p>The increase in Ellison\u2019s fortune follows Oracle\u2019s blockbuster earnings for the quarter, announced at the investors call earlier this week. The company\u2019s stock soared past $200 for the first time after reporting better-than-expected revenue and profit for the quarter ending in May.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Amazon founder and former CEO Jeff Bezos has lost his world\u2019s second richest title to Oracle\u2019s Larry Ellison. According to Forbes\u2019s World&#8217;s Billionaires List, Ellison added a staggering $26 billion to his net worth on Thursday &#8211; June 12, pushing his total wealth to $243 billion \u2014 the largest single-day gain by any billionaire. The surge places Ellison ahead of Amazon chairman Jeff Bezos ($227 billion) and Meta CEO Mark Zuckerberg ($239 billion), making him the world\u2019s second-richest person, trailing only Tesla CEO Elon Musk. According to Forbes, Musk has a total worth of $407.3 billion. The increase in Ellison\u2019s [&hellip;]<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[87,4,11],"tags":[],"class_list":["post-938889","post","type-post","status-publish","format-standard","hentry","category-it-2-the-times-of-india","category-newspapers","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/938889","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=938889"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/938889\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=938889"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=938889"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=938889"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}