Larry Ellison has seen his net worth plummet by over $47 billion in under a week, dropping from second to fifth richest globally. This significant loss is attributed to a broader selloff in technology and AI stocks, with Oracle shares experiencing a substantial decline ahead of its earnings report.
Larry Ellison has seen his net worth plummet by over $47 billion in under a week, dropping from second to fifth richest globally. This significant loss is attributed to a broader selloff in technology and AI stocks, with Oracle shares experiencing a substantial decline ahead of its earnings report.
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