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Oracle Chairman's net worth drops $3.7 billion in a day
short by Manaya Bagga / on Saturday, 16 September, 2017
Oracle Chairman Larry Ellison's net worth dropped $3.7 billion on Friday, according to Forbes. Oracle's stock fell about 8% on Friday, erasing over $14 billion of Oracle's market capitalisation. This comes after Oracle released its first-quarter earnings report on Thursday, issuing a lower-than-expected earnings projection for the second quarter.
read more at Forbes