Oracle’s $300 Billion OpenAI Bet Backfires: Stock Slump Erases $130 Billion From Larry Ellison’s Fortune
Published: November 25, 2025 Oracle’s spectacular AI-driven rally has flipped into an equally dramatic hangover. Just weeks after Larry Ellison briefly claimed the title of world’s richest person on the back of a $300 billion cloud deal with OpenAI, Oracle’s share price has gone into reverse. The stock is now down more than 39% in two months, wiping roughly $130 billion from Ellison’s net worth and knocking him down to third place on the Bloomberg Billionaires Index, behind Elon Musk and Alphabet co‑founder Larry Page. The Business Times+1 On Tuesday, November 25, Oracle shares were trading around the $190–$200 range, extending a