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Larry Ellison Loses $24 Billion As Oracle Shares Slide
甲骨文甲骨文(US:ORCL) Forbes·2025-10-18 02:25

ToplineLarry Ellison, the world’s second-richest person, had roughly 24billioncutfromhisnetworthassharesofhisOracletumbledonFriday,despiteexecutivesprovidingrevenuegrowthforecaststhatwereapplaudedbyWallStreet.Oracle’schairmanchallengedElonMuskfortheworld’srichesttitlefollowingarecord−breakingrallylastmonth.Copyright2025TheAssociatedPress.AllrightsreservedKeyFactsSharesofOracledroppedabout724 billion cut from his net worth as shares of his Oracle tumbled on Friday, despite executives providing revenue growth forecasts that were applauded by Wall Street. Oracle’s chairman challenged Elon Musk for the world’s richest title following a record-breaking rally last month.Copyright 2025 The Associated Press. All rights reservedKey FactsShares of Oracle dropped about 7% to around 291 by Friday afternoon, pacing what would be the s ...