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Larry Ellison's Net Worth Soars $18 Billion as Oracle Stock Jumps 11%

Jun 12, 2024, 04:30 PM

Larry Ellison, CEO of Oracle, experienced a significant increase in his net worth as Oracle's stock reached an all-time high. Ellison's net worth jumped by $15 billion, with some sources reporting increases of over $17 billion and $18 billion. This surge in wealth is attributed to Oracle's stock rallying by 11%, marking the company's most substantial stock movement since 2021. Ellison's net worth has now surpassed that of Roaring Kitty.