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Revealing Oracle and Ellison: Did the Myth of a Sudden Hundred-Billion-Dollar Wealth Surge Really Happen Naturally?
3 day ago /
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Author：小编
On Wednesday, the stock price of the American tech giant Oracle skyrocketed by nearly 36%, hitting a new annual peak. This significant boost in market capitalization briefly catapulted its co-founder, Larry Ellison, to the pinnacle of global wealth.
According to the Bloomberg Billionaires Index, Ellison commands a 41% ownership stake in Oracle. On Wednesday, his net worth catapulted to $397 billion, eclipsing the previous record holder, Elon Musk, who stood at $384 billion. However, by the market's close on Wednesday, Ellison's fortune had dipped to $378 billion, relinquishing the top spot back to Musk. Despite this, the legend of his wealth soaring by nearly $100 billion in a single day endures.
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