Oracle Q2 Shock Wipes $33 Billion From Larry Ellison's Fortune — Puts Paramount's Warner Bid In Spotlight

Oracle Corp (NYSE:ORCL) co-founder and chief technology officer Larry Ellison is one of the richest people in the world, so rich that he even surpassed Elon Musk briefly for the title of richest person in the world earlier this year. A drop in Oracle's share price on Thursday has Ellison feeling the heat.Oracle stock is among today’s weakest performers. Why is ORCL stock falling?Ellison's Wealth DropsEllison owns around 41% of Oracle’s shares, a software company he co-founded in 1977.That stake in Oracle an ...