Business & Earnings

Ellison’s Net Worth Down Nearly $50 Billion In A Week

Topline Larry Ellison’s fortune declined by more than $10 billion on Tuesday, dropping him behind Jeff Bezos to the No. 5 spot among the wealthiest as Oracle shares stumbled amid another broad decline for tech stocks. The Oracle co-founder was recently ranked the world’s second-richest person.

Business & Earnings coverage from Forbes.

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Topline Larry Ellison’s fortune declined by more than $10 billion on Tuesday, dropping him behind Jeff Bezos to the No. 5 spot among the wealthiest as Oracle shares stumbled amid another broad decline for tech stocks. The Oracle co-founder was recently ranked the world’s second-richest person.

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