Forbes Valuation
We estimate Ellison’s net worth at $247.8 billion as of Wednesday, making him the fifth-wealthiest person in the world, behind fourth-place Amazon co-founder Jeff Bezos ($248.8 billion). Ellison, who owns about 41% of Oracle’s shares, fell behind Bezos on Tuesday after his fortune declined by more than $10 billion. His fortune has declined nearly $50 billion in around a week as selloffs around AI and tech rattle markets. Ellison briefly jumped up to the No. 2 spot on the list of world’s wealthiest people last week, when his estimated net worth neared $300 billion.
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Key Background
Oracle reported $57 billion revenue for fiscal 2025 and, like its competitors, has aggressively pushed to develop its cloud and artificial intelligence offerings. The company has hundreds of millions of dollars worth of cloud and AI deals with OpenAI, Meta and Nvidia. Oracle’s stock is up 3.2% on the year, though it has fallen significantly from its record highs recorded last September, when one share cost as much as $328.
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Further Reading
Larry Ellison’s Net Worth Plunges $10 Billion—Falls Behind Bezos To Fifth-Richest (Forbes)
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