Larry Ellison on Monday became the world’s eighth-richest person, falling behind Nvidia’s Jensen Huang as a monthlong selloff has nearly halved the Oracle chairman’s fortune amid growing concerns about the cloud giant’s AI spending.
Read the full story on Forbes: https://www.forbes.com/sites/tylerroush/2026/07/13/oracles-nearly-50-crash-since-june-1-plunges-larry-ellison-from-no-2-to-no-8-in-billionaire-ranks/
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