Oracle CEO Safra Catz’s net worth surged by roughly $412 million on Wednesday as Oracle shares jumped nearly 40% following its first-quarter earnings report, according to CNBC. Catz’s wealth climbed to $3.4 billion, according to Forbes, reflecting the company’s massive $455 billion backlog and expanding role in AI cloud infrastructure. On Oracle’s earnings call, Catz said the company has signed major contracts with OpenAI, Meta, Nvidia, AMD, and xAI. She described the quarter as “astonishing” and promised more multibillion-dollar cloud deals ahead. Since becoming CEO in 2014, Oracle’s stock has risen more than 800%, with analysts praising the company’s growth trajectory.
