Oracle Slump Pushes Larry Ellison Down in Billionaire Rankings

Larry Ellison, co-founder and executive chairman of Oracle Corporation, has slipped in the rankings of the world’s richest individuals following a steep drop in Oracle’s stock value. Earlier in September 2025, Ellison enjoyed a meteoric rise in net worth—temporarily surpassing peers as the richest person globally—thanks to an AI-fueled rally in Oracle shares.

Key Highlights

• Oracle’s sharp stock decline caused Larry Ellison’s net worth to fall, pushing him down billionaire rankings.
• Larry Page overtook Ellison as Oracle’s valuation dropped, highlighting volatility in tech-driven wealth and markets.

However, that gain has now been largely reversed. Oracle’s recent weakness has cost Ellison approximately US$130 billion in personal wealth. As a result, his ranking on the Bloomberg Billionaires Index has fallen. Larry Page, co-founder of Alphabet Inc., has overtaken Ellison and moved into the #2 spot. Ellison now sits in third place with a net worth of about US$253.3 billion, while Page holds around US$256.9 billion.

The shifts in wealth reflect the highly volatile nature of tech stocks, especially those tied to artificial intelligence and cloud infrastructure. Oracle’s earlier surge—which saw it sign large AI contracts and raise expectations for future growth—met investor enthusiasm that reversed once momentum stalled.

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Although Larry Ellison’s fortune remains enormous, the quick reversal underscores how rapidly fortunes can change in this tech-driven era. It also serves as a reminder that the rankings of ultra-wealthy individuals are not static but closely tied to the performance of the companies in which they hold substantial stakes.

If you like, I can include a breakdown of the key drivers behind Oracle’s rise and fall (e.g., contract announcements, market expectations, stock performance) for further context.