Larry Ellison lost an estimated $25 billion in a single day after Oracle shares plunged more than 11% on weaker-than-expected earnings, according to Bloomberg’s Billionaires Index. The drop cut Ellison’s net worth to $258 billion, marking one of the steepest single-day wealth declines of 2025.
Oracle missed Wall Street revenue expectations despite posting 14% year-over-year growth, fueling concerns about the company’s massive spending on artificial intelligence infrastructure.
Oracle stock plunges 12% on AI jitters — shrinking Larry Ellison’s net worth by $34B https://t.co/ssoKHXOgkN pic.twitter.com/9cYl4GONUo
— New York Post (@nypost) December 11, 2025
The stock has been sliding since October as analysts questioned whether Oracle might need more than $100 billion for data center expansion.
Co-CEO Clay Magouyrk rejected those concerns, saying the company expects to require “substantially less” funding and emphasized Oracle’s debt remains investment-grade.
Larry Ellison—Losing $31 Billion—Stumbles To No. 3 Richest As Oracle Shares Plummethttps://t.co/yfqfK3QBNr pic.twitter.com/cIFtjWKpHa
— Forbes (@Forbes) December 11, 2025
Ellison had briefly become the world’s richest person earlier this year during a surge in Oracle’s cloud business. Even after Thursday’s loss, his fortune still exceeds that of Jeff Bezos and Mark Zuckerberg.
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TIPP Staff
TIPP Staff
