Oracle Co-Founder Ellison Sees Net Worth Jump to $206.4B, Owns $30.5M Newport Estate
Oracle co-founder Larry Ellison’s net worth surged from $190 billion on March 10 to $206.4 billion by March 12, ranking him 6th globally. He owns the $30.5 million Beechwood mansion in Newport, Rhode Island, now being renovated into an art museum.
1. Ellison’s Wealth Surge
On March 10, Larry Ellison’s fortune was estimated at $190 billion; by March 12, real-time tracking put his net worth at $206.4 billion, ranking him 6th among global billionaires. Although he stepped down as Oracle CEO in 2014, he remains the company’s chairman and co-founder.
2. Rhode Island Property Ties
Ellison owns the $30.5 million Beechwood mansion in Newport, Rhode Island, which is undergoing renovation to become an art museum. Despite living in Florida, these property investments underscore his continued ties to Rhode Island.