Episode
Ellison’s Massive Oracle Stock Sale | Business and Finance News
- Published
- Sep 12, 2026
- Duration seconds
- 94
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- https://sources.thednn.ai/d04160be7ee95e4e
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Summary
Larry Ellison, Oracle’s co-founder and 82-year-old tech titan, is poised to sell up to 50 million shares—worth $7.5 billion—between June 22 and October 24, marking a massive shift from his historic reluctance to offload stock. Despite this, he’ll still retain over 1.1 billion shares, maintaining control of more than 40% of the company. His strategic pivot helped transform Oracle from legacy software to an AI powerhouse, buoyed by a recent earnings beat driven by cloud growth—but at a cost: soaring debt has rattled investors, dragging the stock down 20% year-to-date. Meanwhile, Ellison’s financial influence extends beyond Oracle—he helped fund the Skydance-Paramount merger through his son David’s production company, cementing his status as the world’s seventh-richest man. Listen in comfort: Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN: [email protected] This is an automated, high-level news summary based on public reporting. Report issues to [email protected]. View sources & latest updates: https://sources.thednn.ai/d04160be7ee95e4e