{"id":299,"date":"2026-06-02T23:45:20","date_gmt":"2026-06-02T23:45:20","guid":{"rendered":"https:\/\/coasttocoastmoverss.com\/?p=299"},"modified":"2026-06-02T23:45:20","modified_gmt":"2026-06-02T23:45:20","slug":"larry-ellison-becomes-second-richest-in-the-world-surpasses-bezos-brin-and-page-in-2-days","status":"publish","type":"post","link":"https:\/\/coasttocoastmoverss.com\/?p=299","title":{"rendered":"Larry Ellison Becomes Second Richest In The World\u2014Surpasses Bezos, Brin And Page In 2 Days"},"content":{"rendered":"
\n

Key Background<\/h2>\n

The AI boom is simultaneously minting and shaving fortunes at the top of the rankings, and Ellison and Page sit on opposite sides of the trade. Oracle has recast itself from a database software company into a supplier of the raw computing power running advanced AI models like ChatGPT. The market has rewarded its AI efforts richly. The cost of building that infrastructure, by contrast, has punished the companies footing the bill. Alphabet, whose stock anchors the fortunes of Page and Brin, has guided to 2026 capital spending of roughly $180 billion to $190 billion\u2014about double its 2025 outlay and well beyond Wall Street\u2019s expectations. The pressure intensified Monday, when Alphabet said it would raise $80 billion through a stock sale, including a $10 billion investment from Berkshire Hathaway, to keep funding the buildout. Alphabet CEO Sundar Pichai pointed to compute capacity in the company\u2019s most recent earnings call as the constraint that worries him most.<\/p>\n

Read more Intuit Becomes S&P 500\u2019s Worst Performer This Year: Here\u2019s Why<\/a><\/p>\n

Big Number<\/h2>\n

$725 billion. That\u2019s the combined capital expenditure the four largest cloud operators\u2014Alphabet, Microsoft, Meta and Amazon\u2014are on course to spend, primarily on artificial intelligence, this year. The number doubles last year\u2019s spend, and analysts expect it to surpass $1 trillion. It is the wave lifting Oracle and weighing on its peers in equal measure.<\/p>\n

Read more Trump\u2019s $1.8 Billion Anti-Weaponization Fund Is Dead, Blanche Says<\/a><\/p>\n

Tangent <\/h2>\n

Ellison, 80, is a Tesla shareholder and longtime ally of Musk, whose estimated $826 billion fortune towers nearly three times above his. Ellison edged past Musk to claim the top spot briefly in September 2025, topping a $400 billion fortune. Ellison also owns 98% of Hawaiian Island Lanai and has backed his son David Ellison\u2019s Skydance and Paramount, and the combined entities\u2019 $110 billion winning bid to acquire Warner Bros.<\/p>\n

Read more DHS Won\u2019t Pull Customs Officers From Newark Airport\u2014But Keeps Plan For Other Blue Cities<\/a><\/p>\n

<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

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