Oracle Stock Collapse Hits Larry Ellison's Wealth: Co-Founder Moves To Fifth Place, Behind Jeff Bezos

Oracle Stock Collapse Hits Larry Ellison's Wealth: Co-Founder Moves To Fifth Place, Behind Jeff Bezos Chris Katje Mon, June 15, 2026 at 5:32 AM GMT+7 5 min read ORCL Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Oracle reported record fourth quarter revenue and beat analyst estimates Wednesday night, but the stock fell on weaker-than-expected guidance. The stock's drop has made co-founder Larry Ellison worth significantly less and falling down the billionaires list. Ellison has been one of the biggest risers and fallers on the world's richest list in recent years. Ellison briefly passed Elon Musk to become the richest person in the world for part of one day in 2025. That title was short-lived, and unlike Musk, who is adding to his net worth in 2026, Ellison is falling behind. On Wednesday, Oracle stock fell after-hours and sent Ellison's wealth down by more than $10 billion. A single bad hire can set a startup back years. Here are the 5 hires founders most often misjudge — and why Still Learning the Market? These 50 Must-Know Terms Can Help You Catch Up Fast According to Forbes, Ellison was worth $247.8 billion on Wednesday night with Oracle shares down 4% after hours. This put Ellison in fifth place, falling behind Amazon.com founder Jeff Bezos, who is worth an estimated $248.8 billion. With Oracle shares down double digits on Thursday, Ellison's wealth is likely to fall even more, but he is likely to remain in fifth place. Sixth place belongs to Michael Dell, who is worth $215.6 billion. Ellison owns around 41% of Oracle stock and is also a shareholder in Tesla Inc and Paramount Skydance, which are down 11.5% and 22.6%, respectively, in 2026. Oracle reported 21% revenue growth in the fourth quarter on a year-over-year basis, with cloud infrastructure revenue up 93% to $5.8 billion. The company is guiding for first-quarter revenue to be up 27% to 29% year-over-year, with cloud revenue up between 57% and 63%. Oracle ended the fourth quarter with remaining performance obligations of $638 billion. See Also: Avoid the #1 Investing Mistake: How Your ‘Safe' Holdings Could Be Costing You Big Time The company affirmed its full-year guidance, which may have contributed to the sell-off in shares. While Ellison’s net worth will be significantly tied to Oracle in future years, assuming he doesn’t sell more of his stake, he is also helping his son David Ellison and Paramount Skydance acquire Warner Bros. Discovery. Ellison is backing the deal and also providing a guarantee of over $40 billion of the deal via equity financing to help alleviate concerns that Paramount had about the capital to acquire the company. The billionaire has also added an investment in the U.S. operation of TikTok, which was part of a necessary agreement by the government for Chinese parent ByteDance to sell-off majority control of the U.S. division. Skip the Regrets: The Essential Retirement Tips Experts Wish Everyone Knew Earlier. Think you're saving enough for your kids? You might be dangerously off — see why Building a resilient portfolio means thinking beyond a single asset or market trend. Economic cycles shift, sectors rise and fall, and no one investment performs well in every environment. That's why many investors look to diversify with platforms that provide access to real estate, fixed-income opportunities, precious metals, and even self-directed retirement accounts. By spreading exposure across multiple asset classes, it becomes easier to manage risk, capture steady returns, and create long-term wealth that isn't tied to the fortunes of just one company or industry. Backed by Jeff Bezos, Arrived Homes makes real estate investing accessible with a low barrier to entry. Investors can buy fractional shares of single-family rentals and vacation homes starting with as little as $100. This allows everyday investors to diversify into real estate, collect rental income, and build long-term wealth without needing to manage properties directly. Immersed is building technology for the future of work through spatial computing. Known for its AR/VR productivity platform that enables users to work across multiple virtual screens, the company has grown to more than 1.5 million users worldwide. Immersed is also developing Visor, a lightweight headset designed specifically for professional productivity, positioning the company at the intersection of remote work, extended reality (XR), and next-generation computing. Fine wine and rare whiskey have historically moved independently of the stock market, making them a compelling alternative asset. Vinovest manages authenticated, insured portfolios of investment-grade wine and whiskey starting at $5,000 — sourcing, storage, and insurance all handled for you. EnergyX is a clean energy technology company focused on direct lithium extraction and refinery technologies for the lithium-ion battery supply chain. Its proprietary DLE syst

Oracle Stock Collapse Hits Larry Ellison's Wealth: Co-Founder Moves To Fifth Place, Behind Jeff Bezos

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