From CNBC: 2024-06-12 14:26:28

Larry Ellison, Oracle Chairman, sees wealth rise by $18 billion after company projects double-digit revenue growth for the fiscal year. Ellison’s net worth now around $171 billion, making him fifth richest person in the world. Oracle shares jump 13% to record high after announcement, analysts raise price targets on stock. Ellison plans to further increase his Oracle stake as stock options granted to him in 2014 and 2017 expire in the coming years.



Read more at CNBC:: Larry Ellison is $18 billion richer as Oracle rallies most since 2021