Ellison’s Wealth Drops $100B Amid Oracle Decline
Larry Ellison's net worth has decreased by over $100 billion due to a significant decline in Oracle's stock, dropping from a peak of over $300 billion to $192.4 billion, making him the seventh-richest person worldwide. This decline follows a nearly 41% drop in Oracle shares since June 1, amid a broader downturn in tech stocks, while Meta’s stock has risen, boosting Mark Zuckerberg’s net worth. Ellison's fortune has fallen behind Mark Zuckerberg and Jeff Bezos, and Elon Musk remains the world's wealthiest individual.
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