Meta founder Mark Zuckerberg has surpassed Oracle founder Larry Ellison to become the third-wealthiest person in the world, according to Forbes’ Real-Time Billionaire List. As of Monday, Zuckerberg’s net worth rose by over 4% to $217.7 billion, driven by Meta’s stock climbing 4%. Meanwhile, Ellison’s net worth declined slightly to $209 billion as Oracle’s stock dropped 0.3%.
Key Figures:
Elon Musk remains the richest with $425.2 billion, followed by Jeff Bezos at $241 billion.
Zuckerberg owns 13% of Meta, while Ellison holds 40% of Oracle.
Both tech moguls have expansive real estate holdings, with Zuckerberg owning properties in Hawaii and Silicon Valley, and Ellison owning most of a Hawaiian island.
Background:
Ellison’s net worth declined sharply in December due to Oracle’s underwhelming earnings report, while Zuckerberg benefited from Meta’s stock surge. Tech billionaires, including Elon Musk and Jeff Bezos, saw net worth increases after Donald Trump’s election win in November.
Tangent:
Meta announced new board members, including UFC president Dana White, signaling plans to expand into AI, wearables, and social media advancements.
