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Larry Ellison's net worth dropped by $25 billion in a single day. Here's why.

Oracle founder Larry Ellison, 81, lost $25 billion of his fortune in a single day, marking one of the largest single-day wealth declines of the year. The drop, which occurred on Thursday, came after ...
Seeking Alpha

Oracle's plunge wipes out $25B from Larry Ellison's net worth

Larry Ellison's wealth took a big hit on Thursday, with $24.9B wiped off his net worth after Oracle's (ORCL) weak guidance and massive AI spending plans pushed its stock down around 11%. Ellison is ...
New York Post

Oracle stock plunges 12% on AI jitters — shrinking Larry Ellison’s net worth by $34B

Oracle’s stock fell more than 12% on Thursday on growing fears about the software giant’s massive AI spending — shaving more than $30 billion off co-founder Larry Ellison’s fortune. The Texas-based ...
Forbes

Larry Ellison—Losing $31 Billion—Stumbles To No. 3 Richest As Oracle Shares Plummet

Larry Ellison dropped among the ranks of the world’s richest people on Thursday, falling to No. 3 as Oracle’s stock paced its worst single-day rout in nearly a year after the cloud services firm ...
Entrepreneur

Larry Ellison’s Net Worth Dropped By $25 Billion in a Single Day. Here’s Why.

Oracle founder Larry Ellison, 81, lost $25 billion of his net worth on Thursday. The plunge followed Oracle’s latest earnings report, which showed strong year-over-year growth but still fell short of ...