Overview

• Ellison’s net worth climbed to $251.2 billion on July 15, overtaking Mark Zuckerberg in the Bloomberg Billionaires Index
• Oracle shares have nearly tripled since ChatGPT’s November 2022 debut, including a more than 90% gain since late April
• A US policy reversal on semiconductor exports triggered a 5.7% one-day stock jump that vaulted Ellison past Zuckerberg
• Over 80% of Ellison’s wealth is tied to his roughly 40% stake in Oracle, reflecting his heavy exposure to the company’s stock and options
• Ellison announced he will amend his Giving Pledge to concentrate giving on the Ellison Institute of Technology, which he founded with Oxford in 2023