Entertainment National Sports Markets Business & Economy Lifestyle World Astrology & Religion Technology Education & Jobs Auto Politics Viral Opinions

Larry Ellison of Oracle: College Dropout to $188.7 Billion Net Worth

Loading more articles...

Larry Ellison: College Dropout to $188.7 Billion Oracle Empire Amid AI Job Cuts

The arc from dropout to centi‑billionaire is now being revisited as Oracle undergoes one of its largest restructurings, even as Larry Ellison publicly champions automation and AI‑led productivity. (Image credit: AFP)

M

Moneycontrol•01-04-2026, 18:47

Larry Ellison: College Dropout to $188.7 Billion Oracle Empire Amid AI Job Cuts

•Oracle co-founder Larry Ellison, 81, never finished college but built a $188.7 billion fortune, making him one of the world's richest people.
•Ellison's wealth is largely tied to Oracle stock, which surged during the AI and cloud infrastructure boom.
•A viral video shows Ellison stating Oracle's software is now written by AI models, not human engineers, sparking debate amid recent job cuts.
•Oracle has laid off approximately 12,000 employees in India (40% of local workforce) and an estimated 30,000 globally.
•The layoffs coincide with Oracle's increased investment in data centers and AI infrastructure to compete with cloud leaders.

Read Full Article on Moneycontrol in English

✦

More like this

✦

More like this

Oracle layoffs hit thousands worldwide as the company cuts costs, tackles heavy debt and shifts spending into AI infrastructure and massive data centre expansion.

Oracle Cuts Thousands of Jobs Amid Strong Revenue Growth: Why the AI Shift?

Oracle Layoffs: In India alone, up to 12,000 employees lost their jobs. Many found out via a 6 AM email. (AI-generated)

Oracle's Mass Layoffs: India Heartbroken as Thousands Axed Amid Record Profits

Oracle has reportedly initiated job cuts across multiple geographies, including the US and India, with employees receiving early morning emails informing them of immediate termination

Oracle Financial Services Shares Jump 4% Amidst Global Layoffs, AI Focus

While Larry Ellison's viral video predates the recent layoffs, it gained traction after Oracle disclosed job cuts that reportedly affect nearly 10 percent of its global workforce, according to multiple US media reports. (Image credit: AFP)

Oracle Co-founder Larry Ellison's AI Code Claims Go Viral Amid Mass Layoffs

5. Larry Ellison | Oracle founder Larry Ellison rounded out the top five gainers, with his wealth increasing by $40.6 billion to reach $250.3 billion, supported by steady growth in cloud and enterprise software demand.

Oracle Fires 12,000 Indian Employees Via 6 AM Emails: 'Today Is Your Last Day'

Large Tech Layoffs In India.

Oracle's 2026 Shock: 12,000 Indian Jobs Cut in Single Day; TCS's Gradual 2025 Layoffs

Stories