With a fortune estimated at $223 billion, Mark Zuckerberg, the founder of Meta, has become the third richest person in the world, surpassing Larry Ellison, the founder of Oracle. This shift came according to the Bloomberg Billionaires List. 📈💰
Zuckerberg's fortune has risen by more than $8 billion in the past 24 hours, to $223 billion, while Ellison's fortune has fallen by about $249 million, to $192 billion. 🔻📉
In contrast, Elon Musk remains the richest person in the world with a net worth of $437 billion, while Jeff Bezos, the founder of Amazon, came in second with a net worth of $246 billion. 🌍🚀
About two months ago, Ellison’s fortune topped $228 billion, and he was in a tight race with Bezos for the title of the world’s second-richest person. However, his fortune took a sharp downturn in early December after Oracle’s earnings report missed expectations, sending shares tumbling. 📊📉
It is noteworthy that Ellison owns about 40% of Oracle shares, and he also holds the position of Chairman and CEO of the company. 🏢💼