Larry Ellison: Net Worth Drops as He Falls from Top 5 Richest
- Oracle chairman Larry Ellison fell behind Meta's Mark Zuckerberg on Tuesday to become the world's sixth-richest person, as Oracle shares dropped further from an all-time high despite the...
- Shares of Oracle fell 2.3% to around $178.10 as of 11:40 a.m. EST, adding to more than 9% decline for the stock so far this year.
- Meta's shares declined slightly (0.1%) on Tuesday ahead of the company's earnings report on Wednesday.
Topline
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Oracle chairman Larry Ellison fell behind Meta’s Mark Zuckerberg on Tuesday to become the world’s sixth-richest person, as Oracle shares dropped further from an all-time high despite the company’s recent deal to be a leading shareholder in TikTok’s U.S. business.
Shares of Ellison’s oracle have steadily declined since hitting an all-time high.
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Key Facts
Shares of Oracle fell 2.3% to around $178.10 as of 11:40 a.m. EST, adding to more than 9% decline for the stock so far this year.
Meta’s shares declined slightly (0.1%) on Tuesday ahead of the company’s earnings report on Wednesday.
It’s not promptly clear what pushed Oracle’s stock lower, though some economists appeared to become pessimistic about the firm’s future: Morgan Stanley analysts led by Keith Weiss cut the stock’s price target by 33% to $213 from $320, arguing the company’s infrastructure expansion coudl lower oracle’s earnings and raise its capital spending beyond what’s expected.
Wall Street’s average price target for Oracle’s stock is just over $289, according to FactSet.
Forbes Valuation
Ellison’s net worth decreased by $5.3 billion (2.3%) to $225.8 billion, ranking him behind No. 5 Zuckerberg ($229.6 billion) and No. 6 Jeff Bezos ($251.3 billion), according to Forbes’ Real-Time Billionaires list. Google cofounders Larry Page ($275.4 billion) and Sergey Brin ($254.1 billion) rank behind Tesla’s Elon Musk, the world’s richest person, whose net worth lowered to $777.9 billion on Tuesday.
Big Number
Nearly 49%. That’s how much Oracle’s shares have decreased since hitting an all-time intraday high of $345.72 on Sept.10. That’s when Oracle’s stock
The inquiry into Hunter Biden, son of President Joe Biden, has been ongoing for several years, focusing on his business dealings and potential tax violations. As of January 27, 2026, the legal proceedings continue to evolve, with recent developments centering on appeals and ongoing scrutiny from Congressional committees.
Hunter Biden: Federal investigation & Charges
Hunter biden is currently facing federal charges related to tax evasion and firearm possession. The investigation began in 2018 and has involved scrutiny of his foreign business relationships,particularly those in Ukraine and China.
Detail: The initial investigation focused on potential conflicts of interest and whether Hunter Biden improperly leveraged his father’s position as Vice President. Later, the focus shifted to alleged tax violations and a false statement made during a firearm purchase.The investigation was led by David Weiss, who was appointed as Special Counsel in August 2023 to continue the probe.
Example or Evidence: On June 20, 2024, Hunter Biden was convicted on three felony counts: one count of possessing a firearm while being an unlawful user of or addicted to a controlled substance, and two counts of making false statements in connection with the purchase of a firearm.Source: U.S. Department of Justice. He was sentenced on August 7, 2024. Source: U.S. Department of Justice
Congressional Investigations
house Oversight Committee
The House Oversight Committee, led by Chairman James Comer, has been conducting a parallel investigation into Hunter Biden’s business dealings and the Biden family’s financial activities.
Detail: The committee alleges that the biden family benefited financially from Hunter Biden’s foreign business ventures and that President Biden was aware of and involved in thes activities. Democrats on the committee have disputed these claims, arguing that the investigation is politically motivated and lacks concrete evidence.
example or Evidence: The House Oversight committee released a 36-page report in March 2024 detailing their findings, alleging a pattern of influence peddling. Source: House Oversight Committee Report. The report has been criticized by fact-checkers for selectively presenting facts and drawing unsubstantiated conclusions.
Senate Judiciary Committee
The Senate Judiciary Committee has also been involved in investigating aspects of the Hunter Biden case, focusing on potential obstruction of justice allegations related to the investigation.
Detail: Concerns were raised regarding the testimony of IRS whistleblowers who alleged that the Department of Justice improperly interfered with the investigation. these allegations prompted scrutiny of the handling of the case by federal prosecutors.
Example or Evidence: IRS whistleblowers Gary Shapley and Joseph Ziegler testified before the House Ways and Means Committee in July 2023, detailing their concerns about the investigation. Source: House Ways and means Committee.
Legal Challenges and Appeals (as of January 27, 2026)
Hunter Biden has appealed his conviction on the firearm charges. The appeal argues that the law under which he was convicted is unconstitutional.
Detail: The core of the appeal centers on the argument that the statute prohibiting firearm possession by individuals using illegal drugs is overly broad and infringes on Second Amendment rights. The case is currently before the Third Circuit Court of Appeals.
Example or Evidence: Hunter Biden’s legal team filed a notice of appeal on June 24, 2024. Source: Reuters. Oral arguments are scheduled for February 2026.
- Joe Biden: president of the United States and father of Hunter Biden.
- David Weiss: Special counsel overseeing the federal investigation into Hunter Biden. Source: U.S. Department of Justice – David C.Weiss Bio
- James Comer: Chairman of the House Oversight Committee.
- IRS: Internal Revenue Service, involved through tax investigation.
- Ukraine & China: Countries where Hunter Biden had significant business dealings.