Forbes: Larry Ellison's net worth just rose $5 billion in two days
SAN FRANCISCO – On Wednesday afternoon, the software firm released its fourth-quarter financial results, which beat analyst expectations on revenue and earnings and showed impressive growth in cloud computing services. The announcement sent Oracle's stock up 10% between the close of markets at 4 P.M. Eastern Time on Wednesday and the same time on Friday afternoon.That ascent was especially good news for [Larry] Ellison, Oracle’s chairman, who owns a quarter of the company’s outstanding shares. His net worth jumped $5 billion through 4 P.M. E.T. on Friday. Ellison, 72, is now worth an estimated $61.8 billion, according to Forbes’ real-time rankings of the world’s billionaires. He is the planet’s seventh-richest person. –Noah Kirsch writing on the Forbes website today. Noah says, "I cover the world's most successful people." I guess that does include LJE. Full story.