Larry Ellison’s Wealth Soars After Oracle’s Stellar Earnings Report

Larry Ellison, the co-founder and chairman of Oracle, has seen his wealth skyrocket by over $110 billion in a single day, making him one of the richest people in the world. This massive increase comes after Oracle released a blockbuster earnings report on September 9, 2025, projecting significant growth in its cloud computing business. The company’s strong performance, driven by artificial intelligence (AI) demand, has pushed its stock price up by more than 40%, boosting Ellison’s net worth to around $391 billion. This article explains the key points of Oracle’s earnings report, why it matters, and how it impacts Ellison’s fortune, all in simple English.

Oracle’s Earnings Report Highlights

1. Huge Cloud Growth Projections
   • Oracle announced that its cloud infrastructure revenue is expected to grow 14 times over the next five years, from $10 billion in the latest fiscal year to $144 billion by fiscal 2030.
   • This growth is fueled by demand for AI workloads, with Oracle signing major cloud contracts with leading AI companies like OpenAI, xAI, Meta, Nvidia, and AMD.
2. Record-Breaking Contracts
   • The company reported a 359% increase in its remaining performance obligation (RPO), which measures contracted revenue not yet recognized. This figure reached $455 billion, showing strong future earnings potential.
   • Oracle secured four multi-billion-dollar contracts with three different customers in the first quarter, highlighting its growing role in the tech industry.
3. Stock Price Surge
   • Oracle’s stock price jumped over 40% on Wednesday, September 10, 2025, after the earnings report was released. This surge increased the company’s market value to over $950 billion, making it one of the top companies on the S&P 500.
   • The stock’s performance reflects investor confidence in Oracle’s AI-driven strategy and its ability to compete with giants like Microsoft and Amazon in cloud computing.

Why Larry Ellison’s Wealth Grew

4. Ellison’s Ownership in Oracle
   • Larry Ellison owns about 41% of Oracle, holding over 1.1 billion shares. Unlike other tech leaders who sell their shares over time, Ellison has kept his stake for more than 25 years.
   • The 40% rise in Oracle’s stock price directly boosted the value of his shares by $110 billion, bringing his net worth to approximately $391 billion.
5. Comparison to Other Billionaires
   • Ellison’s wealth now puts him close to overtaking Elon Musk, who is worth about $436 billion, according to Forbes. Musk’s fortune is tied to Tesla and SpaceX, while Ellison’s is primarily driven by Oracle.
   • In contrast, Marc Benioff, who runs Salesforce and was mentored by Ellison, has a net worth of about $10 billion after selling much of his company’s stock.

Ellison’s Role and Influence

6. Active Leadership at Oracle
   • At 81, Ellison remains Oracle’s chairman and chief technology officer (CTO), guiding the company’s strategy. He stepped down as CEO in 2014 but continues to shape its focus on AI and cloud computing.
   • During the earnings call, Ellison highlighted Oracle’s dominance over competitors like Workday and ServiceNow, which together are worth $256 billion, far less than Oracle’s $950 billion market cap.
7. Beyond Oracle: Other Ventures
   • Ellison has expanded his influence with major investments, including Oracle’s $28 billion acquisition of Cerner in 2022, which strengthens its presence in the healthcare industry.
   • He also played a role in the $8 billion Paramount Global-Skydance merger in August 2025 and launched the Ellison Institute of Technology at the University of Oxford to support philanthropy.
8. Political Connections
   • Ellison has supported President Donald Trump, raising funds for his campaigns. This relationship could benefit Oracle, as Trump has suggested Ellison as a potential buyer for TikTok’s U.S. business, which could further increase his wealth.
   • In January 2025, Ellison joined Trump, OpenAI’s Sam Altman, and SoftBank’s Masayoshi Son at the White House to announce The Stargate Project, a $500 million AI infrastructure initiative.

Why This Matters

9. AI and Cloud Computing Boom
   • Oracle’s success shows the growing importance of AI and cloud computing in the tech industry. Companies are racing to build AI infrastructure, and Oracle’s partnerships with firms like OpenAI and Nvidia position it as a leader.
   • The demand for AI model training is “outstripping supply,” according to Oracle CEO Safra Catz, signaling strong future growth for the company.
10. Impact on Ellison’s Wealth
    • Ellison’s $110 billion wealth gain is one of the largest single-day increases ever recorded, surpassing the market value of companies like Nike or Starbucks.
    • His fortune now exceeds the GDP of some countries, highlighting the massive scale of his wealth and Oracle’s influence in the global economy.

What’s Next for Oracle and Ellison?

• Continued AI Growth: Oracle plans to deliver 37 more data centers to its cloud partners, expecting multi-billion-dollar contracts to drive revenue growth for years.
• Potential to Become Richest Person: If Oracle’s stock continues to rise, Ellison could overtake Elon Musk as the world’s wealthiest individual, especially if Tesla’s stock faces challenges.
• Risks and Challenges: Some analysts warn that Oracle’s stock may be overvalued, with a high price-to-earnings ratio. The company must maintain its AI-driven growth to justify its valuation.

Conclusion

Larry Ellison’s wealth has soared to new heights thanks to Oracle’s impressive earnings report, which highlights its leadership in AI and cloud computing. The company’s massive contracts and stock surge have added $110 billion to Ellison’s fortune, bringing him closer to becoming the world’s richest person. His strategic vision, political connections, and diverse investments keep him at the forefront of the tech industry. As Oracle continues to grow, Ellison’s influence and wealth are likely to keep making headlines.