{"id":1046874,"date":"2026-11-04T08:27:47","date_gmt":"2026-11-04T02:57:47","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1046874"},"modified":"2026-11-04T09:17:45","modified_gmt":"2026-11-04T03:47:45","slug":"how-oracles-20-bn-fundraising-plan-erased-11-bn-from-co-founder-larry-ellisons-wealth","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/11\/04\/how-oracles-20-bn-fundraising-plan-erased-11-bn-from-co-founder-larry-ellisons-wealth\/","title":{"rendered":"How Oracle\u2019s $20 bn fundraising plan erased $11 bn from co-founder Larry Ellison\u2019s wealth"},"content":{"rendered":"<p>Oracle co-founder Larry Ellison\u2018s estimated net worth fell $11 billion in a single day after the technology giant officially filed plans on Monday (US time) to sell $20 billion in debt and equity to potentially fund its massive artificial intelligence buildout amid plans to triple its revenue by fiscal 2030. <\/p>\n<p>According to Forbes, the American billionaire witnessed a dramatic multi-billion-dollar tumble, with his fortune settling at $160 billion shortly after 2:30 pm EDT.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oracle co-founder Larry Ellison\u2018s estimated net worth fell $11 billion in a single day after the technology giant officially filed plans on Monday (US time) to sell $20 billion in debt and equity to potentially fund its massive artificial intelligence buildout amid plans to triple its revenue by fiscal 2030. According to Forbes, the American billionaire witnessed a dramatic multi-billion-dollar tumble, with his fortune settling at $160 billion shortly after 2:30 pm EDT.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[63,4,12],"tags":[],"class_list":["post-1046874","post","type-post","status-publish","format-standard","hentry","category-it-2-the-financial-express","category-newspapers","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1046874","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1046874"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1046874\/revisions"}],"predecessor-version":[{"id":1046894,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1046874\/revisions\/1046894"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1046874"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1046874"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1046874"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}