Jeff Bezos Ousted, Oracle Founder Becomes World's Richest Person in the Tech Sector

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Cindy Mutia Annur 15/06/2023 18:10 WIB

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Oracle founder Larry Ellison is now the world's richest person in the technology sector, according to Forbes Real Time Billionaire data as of June 15, 2023.

The World's 10 Richest People in the Tech Sector (June 15, 2023)

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The World's 10 Richest People in the Tech Sector (June 15, 2023)

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Oracle founder Larry Ellison is now the world's richest person in the technology sector.

According to Forbes Real Time Billionaire data as of June 15, 2023, the 78-year-old has a net worth of US$152.2 billion, or approximately Rp2,276.91 trillion (assuming an exchange rate of Rp14,960 per US$).

Larry Ellison has overtaken Jeff Bezos, who has dropped to second place as the richest person in the technology sector. The Amazon founder now has a net worth of US$149.1 billion.

Across all sectors, Larry Ellison ranks third richest globally. He is behind the owner of electric car company Tesla, Elon Musk, and the owner of luxury fashion conglomerate LVMH, Bernard Arnault.

According to Forbes, Larry Ellison's wealth surged due to a 45% year-to-date (YTD) increase in his software company's stock, driven in part by the development of Oracle's artificial intelligence (AI) technology.

Below is a list of the 10 richest people in the technology sector as of June 15, 2023, according to Forbes:

1. Larry Ellison
* Source of wealth: Oracle
* Country of origin: United States
* Net worth: US$152.2 billion

2. Jeff Bezos
* Source of wealth: Amazon
* Country of origin: United States
* Net worth: US$149.1 billion

3. Bill Gates
* Source of wealth: Microsoft
* Country of origin: United States
* Net worth: US$117 billion

4. Larry Page
* Source of wealth: Google
* Country of origin: United States
* Net worth: US$105 billion

5. Steve Ballmer
* Source of wealth: Microsoft
* Country of origin: United States
* Net worth: US$103.2 billion

6. Sergey Brin
* Source of wealth: Google
* Country of origin: United States
* Net worth: US$99.8 billion

7. Mark Zuckerberg
* Source of wealth: Facebook
* Country of origin: United States
* Net worth: US$97 billion

8. Michael Dell
* Source of wealth: Dell Technologies
* Country of origin: United States
* Net worth: US$58.9 billion

9. Zhang Yiming
* Source of wealth: TikTok
* Country of origin: United States
* Net worth: US$45 billion

10. Jensen Huang
* Source of wealth: NVIDIA
* Country of origin: United States
* Net worth: US$38.4 billion

Editor : Adi Ahdiat

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."