Shares of Oracle Corporation ( ORCL ) are surging higher on Wednesday after the company beat analyst estimates for third-quarter financial results. The jump in stock price is helping co-founder Larry Ellison add to his net worth, which has been under pressure in 2026.

Larry Ellison Adds to Wealth With Oracle Stock Gains

Oracle stock is up more than 13% to $162.78 at the time of writing, with shares gaining $15.01 on the heels of the strong results and guidance.

Ellison, who is the chief technology officer and a co-founder of the company, owns 1,157,482,353 ORCL shares.

This means that Ellison has added $17.37 billion to his wealth on Wednesday from his stake in Oracle.

Also adding to Ellison's net worth on Wednesday is his 45 million share stake in Tesla Inc ( TSLA ) . With Tesla stock up 2.3%, or $9.25 per share, Ellison's stake in the company is up $416,250,000 on Wednesday at the time of writing.

Add the two together and Ellison has added $17.79 billion to his net worth on Wednesday alone.

That makes Ellison the likely top wealth gainer for the day based on the Bloomberg Billionaires Index.

Oracle Stock Gains Not Enough To Get Back to Even

Despite Wednesday’s stock surge, Ellison is still one of the largest net-worth decliners in 2026. He started the year ranked fifth in the world with $247 billion in wealth, having gained $55.2 billion in 2025.

As of Tuesday, Ellison’s net worth was $200 billion, ranking him sixth. With Wednesday’s gains, his wealth is now estimated at $218 billion, still trailing Mark Zuckerberg, whose wealth stands at $231 billion in fifth place.

The stock gain for Oracle on Wednesday also comes with shares still down 16% year-to-date, which is the biggest factor weighing on Ellison's wealth.

Ellison briefly passed Elon Musk to become the world's richest person when Oracle reported quarterly results in September 2025. That surge of shares to $345.72 was short-lived and the stock now trades at less than half of that figure.

After Wednesday's gains, Ellison is still down around $30 billion from his start of the year wealth figure, making it one of the biggest declines among the world's richest for the year.

Ellison will need Oracle stock and Tesla stock to keep gaining in 2026 to bring his net worth back up to its 2025 levels.

Another contributing factor to Ellison's wealth is his stake in Paramount Skydance ( PSKY ) , which is in the middle of a merger with Warner Bros. Discovery ( WBD ) , a deal that Ellison has committed equity and a personal guarantee to some of the financing to complete.

Paramount Skydance ( PSKY ) shares are down 23.9% year-to-date in 2026, a sharper decline than the drops for both Oracle and Tesla stock year-to-date.