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Oracle's Larry Ellison is down an unmatched $49 billion this year after the plunge in software stocks

Oracle
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Larry Ellison built his wealth by turning Oracle into a dominant enterprise software company. Phillip Faraone/Getty ImagesOracle cofounder Larry Ellison has seen an unrivaled $49 billion wiped off his net worth this year. His fortune shrank by about $9 billion to below $200 billion on Wednesday as Oracle stock slid 5%.

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