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Oracle Boss Larry Ellison Just Suffered a Historic Wealth Collapse

Summary by BizToc
In September 2025, Larry Ellison was briefly the richest person in the world. Oracle (ORCL) stock surged on reports of a $300 billion computing deal linked to OpenAI’s Stargate project, and Ellison’s fortune peaked near $393 billion. A year later, Oracle shares have fallen about 62% from their…

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The founder and CEO of tech company Oracle views AI as the future heart of the global economy, and data as the necessary oxygen. Oracle's international network of data centers is intended to form the circulatory system. But with the enormous sums Larry Ellison is investing in this, he is taking a gamble that could turn out disastrously.

·Amsterdam, Netherlands (Kingdom of the)
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Oracle co-founder Larry Ellison has seen a nearly $194 billion drop in his total wealth. Ellison, who briefly held the title of the world's richest person in September 2025, has fallen to eighth place on the list of the world's wealthiest individuals with his fortune declining to approximately $182 billion. So, what are the reasons behind this significant drop in Larry Ellison's wealth?

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Nairametrics broke the news on Monday, October 19, 2026.
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