Larry Page Becomes World's 2nd Richest Billionaire Behind Alphabet's AI Rally

Forbes

Google cofounder Larry Page passed Oracle’s Larry Ellison on Monday to become the world’s second-richest person, as parent firm Alphabet’s stock continued a weekslong rally fueled by AI momentum.  Read the full story on Forbes: https://www.forbes.com/sites/tylerroush/2025/11/24/larry-page-becomes-no-2-richest-bumping-larry-ellison-as-alphabet-shares-rally/  Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1  Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:  https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript  Stay Connected Forbes newsletters: https://newsletters.editorial.forbes.com Forbes on Facebook: http://fb.com/forbes Forbes Video on Twitter: http://www.twitter.com/forbes Forbes Video on Instagram: http://instagram.com/forbes More From Forbes:  http://forbes.com  Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.

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00:00Google co-founder Larry Page passed Oracle's Larry Ellison on Monday to become the world's

00:05second richest person, as parent firm Alphabet's stock continued a weeks-long rally fueled by

00:11AI momentum. Shares of Alphabet advanced 5.8% as trading opened Monday, following an 8.4% rally

00:19for the stock last week. Oracle shares fell 1.5% after the stock's roughly 12% plunge over the

00:26previous two trading sessions. Page, who co-founded Google with Sergey Brin in 1998, has a net worth

00:33estimated at $255 billion after increasing by $8.7 billion on Monday. Page's wealth has grown

00:42exponentially over the last five years, rising from $50.9 billion in 2020 to just over $144 billion

00:51to start 2025. Ellison's net worth has similarly accelerated this year after becoming the second

00:57person to be worth $400 billion, though his fortune has dropped in value as Oracle shares have declined

01:04in recent weeks, bringing Ellison's net worth to an estimated $248.8 billion. Alphabet shares have

01:12rallied 67% since hitting a low on August 1st. Meanwhile, Oracle shares have plummeted by 43%

01:19since a nearly 36% surge on September 10th. Alphabet's stock appears to have benefited from

01:26recent optimism for the company's AI business in recent weeks. Warren Buffett's Berkshire Hathaway

01:31disclosed a nearly $5 billion stake in Alphabet earlier this month, marking one of the firm's rare bets

01:38into tech behind the larger Apple stake. Alphabet also released its latest AI model, Gemini 3,

01:45last week in an announcement that fueled a 6% rally for the stock. The company disclosed a 34%

01:52boost in cloud revenue through its third quarter last month, as Alphabet topped $100 billion in

01:58quarterly revenue for the first time. Oracle, however, has declined alongside NVIDIA, Broadcom,

02:05and other mega-cap firms in recent weeks as fears of an AI bubble have risen. Bank of America,

02:10in a survey of global fund managers released last week, reported that 45% of investors viewed an

02:16AI bubble as a top risk. More investors have started trading against Oracle's stock as part

02:22of a broader bet against the AI trade, according to Bloomberg. For more on this story, check out

02:27the article at the link in the description.

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