Topic signal in Portugal
Updated Aug 4, 2026
larry ellison
Larry Ellison experienced a significant drop in personal wealth due to Oracle's investment in AI, affecting his ranking among the world's richest.
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- Portugal
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- Aug 4, 2026
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- 1K+
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- 1,000%
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Larry Ellison experienced a significant drop in personal wealth due to Oracle's investment in AI, affecting his ranking among the world's richest.
Larry Ellison, co-founder of Oracle and known for his ties to Donald Trump, saw a substantial decrease of about US$ 200 billion in his net worth. This loss was primarily linked to Oracle's investments in artificial intelligence, which impacted the company's stock valuation. Consequently, Ellison fell from his former position and is now ranked eighth among the richest individuals globally, after having briefly surpassed Google founders.
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