Oxford Billionaire Falls in Worldwide Rich List
Oracle's stock fell 54% since June amid investor concerns over $40 billion in AI infrastructure spending plans, erasing $104 billion from Ellison's net worth.
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5 Articles
Oxford Mail
thisisoxfordshire.co.ukOxford billionaire falls in worldwide rich list
Larry Ellison, the man behind a series of projects across Oxford, has fallen down the ranks to become the seventh richest man in the world.
On the morning of September 10, 2025, Oracle’s 81-year-old founder, Larry Ellison, woke up as the world’s richest man. The company’s quarterly report sent its stock up more than 40 percent in a single day, and Ellison’s fortune made a historic jump of $101 billion on the Bloomberg index. Steven Crozier. The foundation of this fever dream was a five-year, $300 billion cloud infrastructure contract. The client was OpenAI—a startup that has never m…
Oracle shares have fallen more than 50 percent since reaching their peak in September last year, hitting the fortunes of founder Larry Ellison, who is currently playing a leading role in a controversial media merger.
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