Home EconomyMark Zuckerberg overtakes Larry Ellison to become the third richest person in the world

Mark Zuckerberg overtakes Larry Ellison to become the third richest person in the world

by Akash Biswas
0 comments Larry Ellison (left) and Mark Zuckerberg (Right) | Image: AP
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Meta founder billionaire Mark Zuckerberg overtook computer technology company Oracle founder Larry Ellison to become the world’s third-richest person on Monday (January 6), according to Forbes’ real-time billionaires list. Information reported by Financial Express.

Changes in the billionaires’ net worth mirrored movements in their companies’ stock on Monday (6 Jan), with Zuckerberg’s net worth rising more than 4% to $217.7 billion after market close, while Ellison’s fell 0.3% to $209 billion.

Zuckerberg’s Meta stock closed up 4% at $630.20 on Monday, while Ellison’s Oracle stock closed down 0.3% at $165.78.

According to Financial Express, Zuckerberg and Ellison switched positions between third and fourth place in the race for billionaires on Friday, January 3, with Ellison finishing the day ahead.

Larry Ellison is currently the fourth richest person in the world based on Forbes’ Real-Time Billionaire List. But this rich man’s position can change from time to time based on the rise of the stock. Elon Musk is currently the richest person in the world, with a net worth of $425.2 billion.

Larry Ellison, whose full name is Lawrence Joseph Ellison, is an American businessman and co-founder of the computer technology company Oracle Corporation. And currently he is the Chief Technology Officer of Oracle. And Ellison is one of the top 10 richest people in the world.

Also Read: Top 10 Companies in the World by Revenue in 2024

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