Business

Oracle Founder Plans Stock Sale

Updated 2026-09-12 14:25 UTC 1 source Neutral

Larry Ellison, founder of Oracle Corporation and the world's seventh-richest person, has announced a new trading plan allowing him to sell up to $7.5 billion worth of his company’s stock.

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CNBC

Oracle's Larry Ellison adopts trading plan to sell up to $7.5 billion worth of stock

Oracle founder Larry Ellison, the world's seventh-richest person, can sell up to 50 million of his shares in the software company under a new trading plan.

2026-09-12 01:36 UTC