Larry Ellison Becomes Third-Richest Man As Oracle Shares Hit Year’s High

About this episode

The episode discusses Oracle's stock surge and Larry Ellison's rise in wealth as the company becomes a key player in AI infrastructure.

Oracle shares hit a 2026 intraday high Monday, extending a furious late-May rally that has recast the database pioneer as a marquee AI-infrastructure player and boosted the fortune of cofounder Larry Ellison, who holds roughly 40% of the company. Oracle traded as high as $233.72 Monday, after surging about 11% Friday to cap software's strongest month since 2001. The company has pivoted from a mature software vendor into a major player in the AI boom, renting compute power to the largest AI developers like OpenAI. Learn more about your ad choices. Visit megaphone.fm/adchoices

Topics covered

• Oracle
• Larry Ellison
• AI infrastructure
• stock market
• business news
• entrepreneurship

Keywords

• Oracle
• Larry Ellison
• AI
• stock market
• OpenAI
• database
• software

Mentioned in this episode

Organizations: Oracle, OpenAI

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