Oracle founder and chairman Larry Ellison has become the world's second-richest person, surpassing Jeff Bezos, with a net worth of $206 billion.

This comes after Oracle's stock surged following earnings that exceeded expectations, driven by the company's involvement in the Al boom. Ellison's wealth increased by $8.1 billion, while Bezos's net worth stands at $203 billion. Elon Musk remains the richest person, valued at $251 billion.

Oracle's growth is tied to its role in building data centers for generative Al, contributing to a 20% rise in its stock.