Larry Ellison's net worth exceeds $200 billion

Oracle founder Larry Ellison has seen his net worth rise above $200 billion, overtaking Nvidia CEO Jensen Huang to become the seventh-wealthiest person in the world. The surge follows a 7% increase in Oracle's stock price, which reached approximately $155 per share. Ellison owns roughly 40% of the company.

While Nvidia's stock also saw gains, Jensen Huang's estimated net worth sits at $198 billion, largely driven by his stake in the chip designer. Oracle has recently positioned itself as a significant player in the AI ecosystem by providing cloud computing services to frontier AI firms, including a notable deal with OpenAI.

Despite the recent stock jump, Oracle's share price remains down about 30% from the same period last year. Investors have previously expressed concerns regarding the company's high spending, noting that Oracle spent approximately $55.7 billion in 2026, exceeding its own projections.