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Larry Ellison slipped a notch on the global rich list on Tuesday, falling behind Meta’s Mark Zuckerberg to become the world’s sixth-richest person as Oracle shares pulled back from recent highs. The move is a reminder that even the wealthiest Americans can be buffeted by fickle markets and analyst chatter.
Oracle stock fell roughly 2.3% amid the slide, knocking an estimated $5.3 billion off Ellison’s net worth and putting his fortune near $225.8 billion by Forbes’ real-time tally. That kind of paper wealth can vanish and return in a heartbeat, but it doesn’t change the fact that Ellison remains one of the great builders of American tech.
Wall Street skepticism played a role: Morgan Stanley sharply cut its price target, citing worries that Oracle’s infrastructure spending could pressure profits, and bondholders have even sued over alleged failures to disclose planned debt for AI expansion. Those are legitimate market concerns, but they also show how analysts and opportunistic investors love to bet against companies that take big, strategic risks.
None of this can be understood without the TikTok deal that propelled Oracle into the headlines last month. Oracle and a U.S. investor group agreed to take a leading role in TikTok’s new American entity, with Oracle slated to hold about a 15 percent stake and manage U.S. user data — a controversial but necessary step to protect American users and keep a popular app under safer oversight.
Patriots should applaud Ellison’s willingness to step into a politically charged fight over technology and national security while many in Big Tech duck responsibility. No free market operates in a vacuum; when foreign influence is a genuine threat, private-sector leaders who answer the call deserve credit, not hand-wringing from pundits and short sellers looking for a quick scalp.
Let’s be clear: market dips don’t mean the end of Ellison or Oracle. Conservative Americans should recognize the difference between short-term trading headlines and long-term economic strength — we want businessmen who invest in infrastructure, innovation, and American control of critical systems, not managers who chase quarterly applause.
Ellison’s rank on a billionaire list is spectacle, not policy. He’s still staggering in wealth and influence, and the broader question for voters and policymakers is whether Washington will back American champions or kneecap them with politicized criticism. If we care about national security and economic independence, we should cheer on those who build and defend our tech capabilities rather than celebrate every market tantrum.
