US software giant Oracle’s shares plummeted nearly 5% on Monday, resulting in a drop in the net worth of the company's founder, Larry Ellison, by $14 billion, or approximately Rs 12,33,09,48,00,000, according to reports.

Larry Ellison loses $14 billion

Despite this decline, Oracle founder Larry Ellison remains the highest-earning billionaire this year. According to the Bloomberg Billionaires Index, his net worth surged by $144 billion this year, marking a 75% increase, despite the recent $14 billion decline. He ranks second on the list of the world's richest people with a net worth of $336 billion.

For the unversed, Ellison owns over 40% of Oracle, which is the largest component of his wealth. In September 2025, he briefly became the world's richest person due to a surge in Oracle's st

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