Larry Ellison’s net worth has grown by more than $100 billion in the past day. The company where he is chairman, Oracle, indicated Tuesday that cloud infrastructure revenue should grow 14-fold over the next five years. Ellison boasted about relationships with “the who’s who of AI.” Oracle co-founder, CTO and Executive Chairman Larry Ellison (C), U.S. President Donald Trump, OpenAI CEO Sam Altman (R), and SoftBank CEO Masayoshi Son (2nd-R), share a laugh as Ellison uses a stool to stand on as he speaks during a news conference in the Roosevelt Room of the White House on January 21, 2025 in Washington, DC. Trump announced an investment in artificial intelligence (AI) infrastructure and took questions on a range of topics including his presidential pardons of Jan. 6 defendants, the war in Ukraine, cryptocurrencies and other topics. Andrew Harnik | Getty Images
Larry Ellison became more than $110 billion richer on Wednesday, a day after Oracle, the software company he helped to start in 1977, issued dramatic cloud growth projections for the next five fiscal years.
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