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Larry Ellison is $18 billion richer after Oracle shares rally the most since 2021
ORCLOracle(ORCL) CNBC·2024-06-12 18:26

Larry Ellison, chairman and co-founder of Oracle Corp., speaks during the Oracle OpenWorld 2017 conference in San Francisco on Oct. 1, 2017. Oracle Chairman Larry Ellison is $18 billion richer after the software maker he founded in 1977 forecast double-digit revenue growth for the fiscal year, putting the stock on pace for its sharpest rally since 2021. Ellison owns about 1.15 billion Oracle shares, equal to around 42% of the company's outstanding stock. With Wednesday's increase, he now has a net worth of ...