Billionaire Larry Ellison loses $194 billion in one year as oracle stocks fall

American technology billionaire and Oracle co-founder Larry Ellison has seen a staggering $194 billion decline in his net worth over the past year, according to the Bloomberg Billionaires Index. His wealth has plummeted from an estimated $372 billion to a current $178 billion, marking a 52.1% reduction. Ellison, 82, currently ranks 8th on the list of the world's richest individuals.

His fortune is largely tied to Oracle Corporation, the enterprise software company he co-founded in 1977. Oracle's share price dropped by 59.03% year-on-year, falling from $313.00 to $128.23 between October 16, 2025 and October 16, 2026. Bloomberg's wealth breakdown shows that a majority of Ellison's estimated $178 billion fortune comes from his publicly traded holdings in Oracle.

The billionaire also holds a 1.4% stake in electric vehicle manufacturer Tesla, though this ownership has not been updated since he left the company's board in June 2022. Three-quarters of Ellison's Oracle holdings have been pledged as collateral against personal debt. Despite a historic rally in Oracle shares in September 2025 that briefly made Ellison the world's richest person, his net worth has since fallen to $217 billion.