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Larry Ellison Returns to Third Place in Forbes' Billionaires Ranking
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Oracle founder and chairman Larry Ellison has moved back into third place on the Forbes list of the world's richest people, after overtaking Amazon founder Jeff Bezos. Ellison's rise in wealth is directly linked to a 6% increase in Oracle's share price, which, in turn, was caused by a strategic agreement signed around TikTok's US business. According to reports, the Chinese platform's owner, ByteDance, has signed an agreement under which Oracle, …
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