Larry Ellison Falls to No. 7 Despite $2.9 Billion Gain as Oracle Shares Rise 2.6%
Updated
Updated · Oxford Mail · Aug 15
Larry Ellison Falls to No. 7 Despite $2.9 Billion Gain as Oracle Shares Rise 2.6%
3 articles · Updated · Oxford Mail · Aug 15
Summary
Forbes moved Larry Ellison down one place to seventh-richest globally even after his fortune rose $2.9 billion to $190.6 billion on Monday.
Jensen Huang’s net worth fell nearly $4 billion to $187.8 billion as Nvidia shares slipped 2.6% to about $218, while Oracle climbed 2.6% to roughly $151.
Oracle stock has risen for three straight days and is up 5.4% over five days, rebounding from a late-July low near $115.
Even with that recovery, Forbes said Ellison’s wealth is little changed from the start of 2026 and still down $2 billion from the end of 2025; Oracle shares remain 23% lower year to date.