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Oracle Shares Soar Past $200, Elevating Ellison to No. 2 on Billionaires’ List

Oracle’s earnings surge driven by cloud plus AI demand fueled a market rally that lifted Ellison’s fortune past $240 billion

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Overview

  • Oracle stock climbed to an all-time high above $200 per share after reporting fourth-quarter revenue of $15.9 billion and $1.70 adjusted earnings per share, beating analysts’ estimates.
  • Larry Ellison’s net worth jumped by roughly $23–26 billion to an estimated $240–243 billion, placing him second only to Elon Musk on Forbes’ real-time rich list.
  • Strong demand for Oracle’s cloud infrastructure, especially AI training workloads, underpinned the rally and prompted CEO Safra Catz to forecast dramatically higher revenue growth in fiscal 2026.
  • For fiscal 2025, Oracle posted $57.4 billion in revenue and $12.4 billion in net income, with Ellison owning about 41 percent of the company.
  • Analysts describe the earnings beat as a potential inflection point for Oracle’s cloud business as competition intensifies in AI and data-center services.