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Oracle’s Massive AI Bet Has Already Cost Larry Ellison $207 Billion. Analyst Warns the AI Bubble Is 17 Times Bigger Than the Dot-Com Bubble.

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FOMOGRAM Editorial Desk
Aug 3, 2026
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Oracle’s Massive AI Bet Has Already Cost Larry Ellison $207 Billion. Analyst Warns the AI Bubble Is 17 Times Bigger Than the Dot-Com Bubble.
EXECUTIVE SUMMARY

Larry Ellison has lost $207 billion in less than a year. His fortune peaked near $388 billion in September 2025, when Oracle (NYSE:ORCL) traded at $345.72 and briefly made him only the second person ever, after Elon Musk, to cross $400 billion. As of August 2, 2026, Bloomberg’s Billionaires Index puts him at $181 billion, ... Oracle’s Massive AI Bet Has Already Cost Larry Ellison $207 Billion. Analyst Warns the AI Bubble Is 17 Times Bigger Than the Dot-Com Bubble.

Larry Ellison has lost $207 billion in less than a year. His fortune peaked near $388 billion in September 2025, when Oracle (NYSE:ORCL) traded at $345.72 and briefly made him only the second person ever, after Elon Musk, to cross $400 billion. As of August 2, 2026, Bloomberg’s Billionaires Index puts him at $181 billion, ... Oracle’s Massive AI Bet Has Already Cost Larry Ellison $207 Billion. Analyst Warns the AI Bubble Is 17 Times Bigger Than the Dot-Com Bubble.

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The article focuses on Oracle's financial performance and AI investments, which are unrelated to cryptocurrency markets.

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