Larry Ellison Overtakes Jensen Huang As 7th-Wealthiest Person In The World As Nvidia Shares Fall

Aug 11, 2026 12:10 AM - 1 hour ago 1

Topline

Oracle co-founder Larry Ellison overtook Nvidia main Jensen Huang arsenic the world’s seventh-wealthiest personification Monday, expanding his luck by a fewer cardinal dollars arsenic Oracle shares rallied.

Ellison's nett worthy accrued by astir $3 billion.

Photo by Andrew Harnik/Getty Images

Key Facts

Ellison’s estimated nett worthy reached $190.6 cardinal soon aft 1 p.m EDT, rising $2.9 cardinal arsenic Oracle shares traded up 2.6% to astir $151.

Huang mislaid astir $4 cardinal of his immense luck Monday, pinch his estimated nett worthy falling to $187.8 cardinal arsenic Nvidia shares tumbled 2.6% to astir $218.

Oracle shares person notched gains successful the past 3 days of trading and jumped 5.4% successful the past five, continuing to retrieve from their lowest constituent of the twelvemonth to day recorded successful precocious July, erstwhile shares sat astir the $115 mark.

Nvidia’s banal has had a akin story, trending upward 6.2% successful the past 5 days of trading arsenic it recovers from a three-month debased successful July, erstwhile shares fell to $190.

Ellison And Huang’s Ranking On Forbes’ Billionaire List

The chap tech moguls are successful a pouch of their ain connected the Forbes real-time billionaires list, arsenic the personification closest down Huang is erstwhile Microsoft CEO Steve Ballmer ($156.2 billion), while the billionaire up of Ellison is Meta main Mark Zuckerberg ($205.8 billion).

Key Background

Despite the Monday rank-up, Ellison’s nett worthy is fundamentally level compared to the commencement of the year, and is down $2 cardinal since the extremity of 2025. That slowdown has travel amid a unsmooth banal capacity for Oracle, which is down 23% since January. Shares of the tech elephantine peaked for the twelvemonth truthful acold successful June arsenic portion of a broader artificial intelligence comeback successful the marketplace that sent package and unreality infrastructure stocks soaring. The boost was short-lived, arsenic Oracle’s banal fell to its lowest constituent of the twelvemonth to day successful July, erstwhile S&P Global downgraded its in installments standing to BBB- and the institution issued dense indebtedness arsenic it poured money into artificial intelligence infrastructure. Huang’s nett worthy is up much than $30 cardinal since the extremity of 2025, rising arsenic Nvidia shares person rallied 17% since the commencement of the year. The institution has recorded monolithic profit maturation arsenic it feeds highly precocious request for AI infrastructure. It has besides secured partnerships pinch Elon Musk’s SpaceX and SK Group.