Larry Ellison Becomes Third-Richest Man As Oracle Shares Hit Year’s High—Passing Bezos And Brin

Ellison Passes Bezos and Brin—No. 3 Richest As Oracle Hits High

Topline Oracle shares hit a 2026 intraday high Monday, extending a furious late-May rally that has recast the database pioneer as a marquee AI-infrastructure player and boosted the fortune of cofounder Larry Ellison, who holds roughly 40% of the company. Key Facts Oracle traded as high as $233.72 Monday, after surging about 11% Friday to cap software’s strongest month since 2001. The stock has been pivoted from a mature software vendor into a …

Larry Ellison Becomes Third-Richest Man As Oracle Shares Hit Year’s High—Passing Bezos And Brin

Oracle's AI-fueled rally just reshuffled the billionaire rankings.

Oracle Shares Jump as AI Cloud Bets Head Toward Another Test

Oracle soared 10.84% Friday to $225.78, capping a 17.5% weekly surge as traders piled into AI infrastructure stocks. Wall Street’s software index jumped over 6% as AI demand fears faded. Oracle’s remaining performance obligations hit $553 billion, up 325% year over year. Risks remain: high AI infrastructure costs, reliance on OpenAI, and scrutiny over TikTok data. Fiscal Q4 results land mid-June. The post Oracle Shares Jump as AI Cloud Bets Head…