Larry Ellison—losing $31 billion—stumbles to no. 3 richest as Oracle shares plummet
The cloud services giant reported quarterly revenue that fell short of Wall Street’s expectations.
Ty Roush, Forbes Staff
Larry Ellison jumps to No. 2 richest—passing Larry Page as Alphabet rally stalls
Oracle chairman Larry Ellison became the world’s second-richest person Thursday, reclaiming the rank from Google cofounder Larry Page as a weekslong rally for Google parent firm Alphabet’s stock cooled. Key Takeaways Forbes Valuation Ellison’s estimated net worth grew to $264.8 billion, following a $5.2 billion increase Thursday. He ranks ahead of Page, whose fortune is […]
Campbell’s fires executive for alleged racist rant claiming company products are for ‘poor people’
The brand, known for its canned soups, called Martin Bally’s comments “vulgar, offensive and false.”
Larry Page becomes No. 2 richest—bumping Larry Ellison—as Alphabet shares rally
The Google parent’s stock has accelerated over the last week and is now valued more than Microsoft.
The world’s 10 richest people became $40 billion richer as shutdown deal advances
Consumers have expressed growing concerns about the shutdown’s potential impact on the economy in recent weeks.
Tesla approves Musk’s potential trillion-dollar payday
Tesla shareholders approved a compensation package Thursday for CEO Elon Musk that could be worth close to $1 trillion, a deal proposed by Tesla’s board as crucial to keeping the world’s richest man at the company, though the payment plan was challenged in recent weeks by some of the automaker’s largest shareholders.
Mark Zuckerberg drops to sixth-richest after Meta stock slides
A stock dip comes after Reuters reported Meta estimated a chunk of revenue would come from running fraudulent ads.
Bitcoin falls below $100,000—Here’s why crypto prices may be dropping
The leading cryptocurrency has pared back historical gains in recent weeks.
Kimberly-Clark buys embattled Tylenol maker Kenvue in $48 billion deal
President Donald Trump has claimed Kenvue’s pain reliever is a potential cause of autism, despite clear evidence.
Mark Zuckerberg loses $25 billion—now world’s fifth-richest as Meta shares plummet
Earnings fell significantly below Wall Street’s expectations, though Meta said it would have exceeded projections before a hefty tax charge.