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Oracle CEO just doubled Larry Ellison's wealth to $388 billion - here's the AI strategy behind it

Reading time: 2 min • Sep 23, 2025, 12:59 PM (UTC)

Key Points

  • Larry Ellison's net worth surpasses Bank of America at $388 ...

Larry Ellison now has more money than Bank of America is worth. Let that sink in for a moment. The Oracle co-founder's net worth hit $388 billion this week, officially making him richer than a bank that's been around since 1904. Meanwhile, his company Oracle is sitting pretty at nearly $959 billion in market value, basically one good earnings call away from joining the trillion-dollar club.

When Your Backlog Becomes a Brag-log

The secret sauce? Oracle just reported a 359% jump in contract backlog to $455 billion, which sounds impressive until you realize most of that growth comes from AI ...

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