Larry Ellison has crashed to 9th on the rich list after a $159 billion wealth decline in the past year

Larry Ellison, the Oracle cofounder. Anna Moneymaker/Getty Images

Larry Ellison has lost $159 billion, almost half his net worth, over the past year.

The Bloomberg Billionaires Index shows Ellison's net worth has fallen by 49.2% to $164 billion, making him the world's ninth-richest person. He started the year ranked fifth — ahead of Mark Zuckerberg and behind Google's Sergey Brin.

The 82-year-old's wealth is tied to his shares in Oracle, the tech company he cofounded in 1977. Its share price is down 39% since the start of 2026, and over 53% since November 2025.

That included a nearly 9% drop on Monday as investors reacted to Oracle's announcement that it is issuing new shares and bonds to raise $20 billion.…