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Oracle founder and potential TikTok overlord Larry Ellison’s current net worth is estimated at $393 billion, making him the second-richest person in the world in 2025, only behind Elon Musk. His fortune has grown rapidly due to massive gains in Oracle ...
Oracle co-founder Larry Ellison on Wednesday became the world’s richest person, surpassing Tesla chief Elon Musk, after a dramatic surge in his wealth. According to Forbes’ real-time billionaire rankings, Ellison’s fortune rose by $101 billion ...
Investors will eye the following financial results, due late Wednesday, for insight into the artificial-intelligence boom: 🔎 Oracle (ORCL): The software maker's earnings will offer a window into its debt-fueled spending spree.
Oracle is establishing itself as a key player in the artificial intelligence sector, securing contracts with major tech companies. The company announced its future "world headquarters" will be located on a new 70-acre campus in Nashville, Tennessee.
The costs of Oracle’s AI data center expansion is becoming clear—and Wall Street isn’t happy. The software and cloud firm, which until recently was a solid moneymaker, said Wednesday it burned through $10 billion in cash in the November quarter thanks to a big ramp-up in capital expenditures on
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min A company tied to Larry Ellison ...
Larry Page’s fortune shot up by $8.7 billion on Monday. The primary driver of his wealth surge was his 3.2 percent stake in Alphabet.
Finally convinced it is time to step aside, company founders often decide it takes two people to fill their big shoes—despite the mixed record of companies led by co-CEOs. Spotify’s Daniel Ek is the latest entrepreneur to be succeeded by a pair of ...