Oracle founder Ellison loses $60 billion（約9.6兆円） as AI doubts mount

Oracle founder Larry Ellison has experienced the steepest wealth decline among billionaires this year, losing $60 billion（約9.6兆円） from his fortune. The collapse of his net worth reflects a broader skepticism from Wall Street about Oracle's competitive prospects, particularly regarding whether the company can survive and thrive in the AI arms race that has come to dominate technology sector competition. Investors appear concerned that Oracle's traditional strengths in enterprise databases and software may not be sufficient to maintain its market position as artificial intelligence becomes central to technology company valuations and strategic direction. The scale of Ellison's wealth loss—larger than any other billionaire's this year—underscores the depth of market doubt about Oracle's ability to pivot successfully to AI-centric competition and secure its long-term relevance in the technology industry.

Larry Ellison's $60 billion（約9.6兆円） wealth decline reflects deeper concerns about Oracle's strategic position in the current technology landscape. The company, historically built on enterprise software and database products, now faces investor skepticism about whether it can compete effectively in artificial intelligence—the industry's dominant growth vector. Wall Street's questioning of Oracle's ability to survive the AI arms race suggests the market views the company's current strategy or execution as insufficient to maintain its competitive standing against rivals better positioned in AI development and deployment. This loss of confidence in Ellison, one of the world's largest individual technology investors, signals that the market is assessing Oracle's prospects as materially weakened by the AI transition.