Larry Ellison, co-founder of Oracle, has seen his net worth soar to over $217 billion amid Oracle’s 63% stock increase in 2024, driven by a surge in AI-related cloud technology. He remains a major figure in tech at 80, recently linked with a 33-year-old partner and maintaining high engagement in the industry. Amid financial fluctuations, including a recent earnings miss, Ellison remains optimistic about Oracle’s growth prospects, citing strong AI and multi-cloud strategies. The company continues expanding partnerships with major tech firms like Microsoft and Amazon, aiming to increase its market share in cloud services and AI development.
