# Larry Ellison Becomes Third-Richest Man As Oracle Shares Hit Year’s High

Page: https://stenobird.com/podcast/forbes-topline-6026943/larry-ellison-becomes-third-richest-man-as-oracle-shares-hit-year-s-high
Text version: https://stenobird.com/podcast/forbes-topline-6026943/larry-ellison-becomes-third-richest-man-as-oracle-shares-hit-year-s-high.md
Podcast: [Forbes Topline](https://stenobird.com/podcast/forbes-topline-6026943)
Published: 2026-06-03T20:30:00+00:00
Episode link: https://traffic.megaphone.fm/FSML8431858643.mp3
Audio file: https://traffic.megaphone.fm/FSML8431858643.mp3
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JSON: https://stenobird.com/v1/public/podcasts/forbes-topline-6026943/episodes/larry-ellison-becomes-third-richest-man-as-oracle-shares-hit-year-s-high
Duration seconds: 250

## Resource

Oracle shares hit a 2026 intraday high Monday, extending a furious late-May rally that has recast the database pioneer as a marquee AI-infrastructure player and boosted the fortune of cofounder Larry Ellison, who holds roughly 40% of the company. Oracle traded as high as $233.72 Monday, after surging about 11% Friday to cap software's strongest month since 2001. The company has pivoted from a mature software vendor into a major player in the AI boom, renting compute power to the largest AI developers like OpenAI. Learn more about your ad choices. Visit megaphone.fm/adchoices

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