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Larry Ellison's Wealth Surges by $4.21 Billion in 24 Hours

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Larry Ellison's Wealth Surges by $4.21 Billion in 24 Hours

Larry Ellison, co-founder and largest shareholder of Oracle, experienced a net worth increase of $4.21 billion in just 24 hours, bringing his total fortune to approximately $217 billion, as reported by the Bloomberg Billionaires Index. As of September 9, 2026, this increase represents a 2% rise from the previous day, although it is still $30 billion, or 12.1%, less than his wealth at the beginning of the year.

Ellison owns over 40% of Oracle, making it his primary asset. A change in Bloomberg's methodology for accounting pledged shares previously resulted in a significant one-day increase of about $33 billion in July 2025.

His wealth fluctuations have been influenced by the artificial intelligence boom and Oracle's plans to raise between $45 billion and $50 billion for cloud infrastructure expansion. Ellison, who briefly became the world's richest person in September 2025, has also committed to philanthropy, signing the Giving Pledge in 2010 to donate at least 95% of his wealth.

Plus234Feed summary based on reporting from Nairametrics. Read the original report below.

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