Oracle’s Larry Ellison Falls To World’s No. 6 Richest

ByTy Roush,

Forbes Staff.

Oracle chairman Larry Ellison fell behind Meta’s Mark Zuckerberg on Tuesday to become the world’s sixth-richest person, as Oracle shares dropped further from an all-time high despite the company’s recent deal to be a leading shareholder in TikTok’s U.S. business.

Shares of Oracle fell 2.3% to around $178.10 as of 11:40 a.m. EST, adding to more than 9% decline for the stock so far this year.

Meta’s shares declined slightly (0.1%) on Tuesday ahead of the company’s earnings report on Wednesday.