Larry Ellison, the founder of Oracle, faced a staggering $14 billion decline in his wealth as the company’s shares dropped nearly 5% recently. Despite this setback, Ellison has seen his net worth soar by an impressive $144 billion this year, firmly establishing him as the world’s second-richest individual. His total wealth is currently estimated at around $336 billion according to Bloomberg, while Forbes values it slightly higher at approximately $350.6 billion.
The fluctuation in Ellison’s wealth underscores the volatility inherent in the technology sector, where rapid changes in stock prices can lead to significant overnight losses or gains. Oracle shares recently experienced a downturn, resulting in a loss that has notably impacted Ellison’s fortune. This decline comes after a brief period in September 2025 when Ellison momentarily held the title of the richest person globally, fueled by Oracle’s success in securing major artificial intelligence (AI) cloud contracts with industry giants such as OpenAI and Meta.
Despite the recent drop in shares, there remains optimism about Oracle’s future. Several analysts have raised their stock price targets, with some projecting Oracle’s cloud infrastructure revenue to increase significantly—from an anticipated $18 billion this fiscal year to reaching as high as $144 billion in upcoming years. This bullish sentiment among analysts highlights the company’s potential in the burgeoning AI-driven cloud services market.
While Elon Musk currently retains his place as the wealthiest person in the world with a net worth around $486 billion, Ellison’s recent financial journey showcases not only the highs and lows of the tech industry but also the enduring faith investors have in the future growth of AI technologies. As Oracle navigates through these fluctuations, the persistent demand for innovative solutions positions it as a formidable player in the tech landscape.