A frenzied AI-driven surge in Oracle Corp.\u2019s stock briefly propelled Larry Ellison to the top of global wealth charts in September. However, the rally has entirely reversed, wiping out all gains and erasing $130 billion from Ellison\u2019s net worth, according to Bloomberg Billionaires Index.<\/p>\n
Oracle\u2019s 36% jump on September 10, triggered by soaring demand for its AI-adjacent cloud infrastructure business, had added $89 billion to Ellison\u2019s fortune in a single day, the largest one-day increase ever recorded by Bloomberg\u2019s wealth index. But the gains evaporated in just two months.<\/p>\n
Larry Page Climbs to No. 2 as Alphabet Stock Soars
Alphabet Inc. co-founder Larry Page, 52, has now surpassed Ellison to become the world\u2019s second-richest person for the first time, per Bloomberg\u2019s rankings. Page\u2019s net worth has climbed to $256.9 billion, buoyed by a 58% jump in Alphabet\u2019s shares this year.<\/p>\n
Alphabet\u2019s revival follows renewed optimism in the company\u2019s Gemini AI model, with investors responding positively to strong early reviews that suggest it could more effectively compete with OpenAI and Anthropic. Page has added $88.6 billion to his wealth in 2025 alone.<\/p>\n
Meanwhile, Elon Musk remains No. 1 with a fortune of $421.8 billion, Bloomberg noted.<\/p>\n
Oracle share price\u00a0
Oracle\u2019s steep decline, 39% down from its all-time high, closing Friday at $198.76, reflects rising doubts over the company\u2019s aggressive AI expansion strategy.
Oracle has tied its AI prospects closely to OpenAI, anticipating \u201chundreds of billions\u201d in revenue over the coming years, far surpassing OpenAI\u2019s current earnings, according to Bloomberg sources. Markets have reacted negatively as Oracle leans heavily on debt financing, preparing a $38 billion bond offering for data center construction even as its adjusted net debt nears $v billion.<\/p>\n
The result: six consecutive weeks of stock declines, erasing the September highs.<\/p>\n
Brin Signals More Active Role; Ranks Fifth Globally
Alphabet co-founder Sergey Brin, also 52, who currently holds no operational role, hinted earlier this year that he intends to return to a \u201cmore hands-on role\u201d at the company. Brin is ranked fifth on Bloomberg\u2019s list with a net worth of $239.9 billion.<\/p>\n","protected":false},"excerpt":{"rendered":"A frenzied AI-driven surge in Oracle Corp.\u2019s stock briefly propelled Larry Ellison to the top of global wealth…\n","protected":false},"author":2,"featured_media":34071,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[166],"tags":[22748,22747,815,615,22750,813,816,22749,22746,1932],"class_list":{"0":"post-34070","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-larry-page","8":"tag-ai-rally","9":"tag-alphabet-share-price","10":"tag-bloomberg-billionaires-index","11":"tag-gemini-ai","12":"tag-investor-news","13":"tag-larry-ellison","14":"tag-larry-page","15":"tag-openai-revenues","16":"tag-oracle-stock-crash","17":"tag-tech-billionaires"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@people\/116436078596429488","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/posts\/34070","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/comments?post=34070"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/posts\/34070\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/media\/34071"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/media?parent=34070"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/categories?post=34070"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/tags?post=34070"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}