Larry Ellison, Oracle Co-Founder And One Of Richest Men In The World, Saw His Net Worth Dip $22.6 Billion In One Day Due To DeepSeek Selloff

Larry Ellison, the Oracle (NYSE:ORCL) co-founder and one of the richest people on the planet, watched $22.6 billion disappear in a single day on January 27—and he didn’t even have to lift a finger. The selloff was brutal, wiping out 12% of his fortune, all because of an AI startup that barely existed two years ago.

But Ellison wasn’t alone…