Oracle Stock Surge Boosts Larry Ellison's Net Worth By $18 Billion, But He Still Lost Wealth In 2026

Core Insights - Oracle Corporation's shares surged over 13% to $162.78 after beating analyst estimates for third-quarter financial results, significantly boosting co-founder Larry Ellison's net worth [1][2]. Financial Performance - Oracle's stock gained $15.01 following strong results and guidance, contributing to a substantial increase in Ellison's wealth [2]. - Despite the recent surge, Oracle's shares are still down 16% year-to-date, which is a major factor affecting Ellison's overall wealth [5]. Wealth Impact - Larry Ellison added $17.37 billion to his wealth on the day of the stock surge, bringing his total increase to $17.79 billion for that day alone [2]. - As of Wednesday, Ellison's net worth is estimated at $218 billion, still trailing behind Mark Zuckerberg at $231 billion [4]. - Ellison's wealth has declined by approximately $30 billion since the beginning of the year, marking one of the largest declines among the world's richest individuals [6].