How Much Larry Ellison Has Made On Tesla Stock

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How Much Larry Ellison Has Made On Tesla Stock
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Here's how much Larry Ellison has made on Tesla stock:

just over 15 million shares of the electric vehicle company, making him Tesla’s second-largest individual shareholder after Musk. On Tuesday, Ellison’s 1.5% stake was worth a whopping $15.5 billion.

Ellison’s stake in Tesla was first disclosed at the very end of 2018, when he became a Tesla board member. The companythat Ellison had purchased 3 million Tesla shares earlier in 2018—when he was worth $58.4 billion—for an undisclosed price. As of December 2018, those shares were worth nearly $1 billion. He now owns 15 million shares as a result of a 5-1 stock split in August 2020. Measured since December 2018, his initial investment is up more than 1,450%.

In addition, he’s purchased a small number of shares since then, including 6,250 shares for $958,000 in Tesla’s February 2020 secondary common stock . Ellison also has 291,000 options that he was awarded in 2019; those are currently worth about $280 million.

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Forbes /  🏆 394. in US

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