On Nov. 24, 2025 Google cofounder Larry Page jumped past Oracle founder Larry Ellison to become the world’s second-richest person, a change driven by a fresh surge in Alphabet’s stock as investors piled into AI winners. This is not some accident of bookkeeping — it’s the market rewarding companies that actually build the future.
Alphabet shares opened the day roughly 5.8% higher, trading around $317 after a weeklong rally that has shocked complacent pundits. Page’s net worth swelled into the mid-250 billions as Alphabet’s market moves translated directly into personal wealth, while Ellison’s fortune eased as Oracle shares slipped.
The rally is plainly tied to Alphabet’s AI momentum — including the commercial success and investor excitement around its new Gemini 3 model and stronger-than-expected results from Google Cloud — proof that innovation still moves markets. Wall Street is finally pricing in real product wins and revenue, not woke press releases or virtue-signaling.
Conservatives should celebrate this outcome: entrepreneurs and engineers taking risks, building high-value products, and creating wealth that fuels investment and jobs. Instead of demonizing success, we ought to demand policies that protect innovators from punitive taxation and endless regulatory harassment that would drive these geniuses offshore.
Don’t forget how quickly these rankings can flip in a volatile market; tech fortunes can surge or ebb on a single earnings beat or product reveal, and Ellison only rose to prominence earlier this year thanks to his company’s AI positioning. Market dynamism — not envy — determines winners, and that instability is the engine of gains for ordinary Americans who benefit from innovation and employment.
The broader lesson is simple and patriotic: America prospers when we let markets reward merit and back the cutting-edge. Policymakers who posture about “fairness” by punishing the successful with wealth taxes or crippling regulation will strangle the very engines that produced this triumph.
Hardworking Americans should be proud that U.S. firms and founders are still leading the global technology race, delivering tools that increase productivity and national power. Don’t let the elites on the left turn this into a morality play about greed — this is the payoff for daring, ingenuity, and a free-market system that still works when it’s allowed to.
