Oracle co-founder Larry Ellison sees wealth halve amid share price decline
Larry Ellison's net worth has fallen by nearly 50% over the past year as Oracle shares face significant downward pressure from investors.
Oracle co-founder Larry Ellison has seen his personal wealth decline by $159 billion over the past 12 months, according to the Bloomberg Billionaires Index. His net worth is now estimated at $164 billion, pushing him to ninth place in global wealth rankings, down from fifth earlier this year.
The decline is primarily tied to Oracle’s stock performance, which has fallen 39% year-to-date. Investor sentiment soured recently when Oracle announced plans to raise $20 billion through new share and bond offerings. This move triggered a sell-off, as shareholders expressed concerns over the company's rising debt burden and the long-term feasibility of its aggressive data center infrastructure expansion for AI projects.
Market analysts suggest the sell-off reflects growing skepticism toward the returns on large-scale AI investments across the technology sector. In addition to financial pressures, Oracle has recently initiated workforce reductions in several teams to streamline operations. The company’s current position marks a stark contrast to late 2025, when it was widely regarded as a primary beneficiary of the generative AI boom.