Oracle’s Larry Ellison just rocked the billionaires club—a $40 billion gain has made him the second-richest man, ahead of Bezos and Zuckerberg

• Oracle cofounder Larry Ellison is now the second-richest person in the world, after his cloud-computing business’s stocks soared last week. The chairman’s net worth surged by more than $40 billion, outpacing the wealth of Jeff Bezos and Mark Zuckerberg and reaching a high of $250.9 billion. But he’ll have a hard time topping the riches of his close friend Elon Musk, who sits on a cool $405.8 billion fortune.

No one was in a better mood last week than Larry Ellison—the Oracle...