#wealth-rankings

#wealth-rankings

The Meta CEO overtook Amazon chairman Jeff Bezos to become the world's second-richest person for the first time in October 2024. His net worth has advanced to $229 billion since then, but he's slid to sixth place on the Bloomberg Billionaires Index as of Wednesday's close. Zuckerberg - whose company owns Facebook, Instagram, and WhatsApp - only trailed Elon Musk by $50 billion in October last year.

Elon Musk leads the pack of wealthiest Americans with a staggering net worth of $428 billion, followed by Larry Ellison, Mark Zuckerberg, Jeff Bezos, and Larry Page. Real estate and construction tycoons, such as Hendricks, have amassed significant wealth, collectively representing $168.7 billion of the $6.6 trillion net worth of the Forbes 400 List individuals. Hendricks, who stands out as America's richest self-made woman billionaire, has earned fame lately for her initiatives to revitalize her hometown of Beloit, WI.

The switch in the ranking came after a blockbuster earnings report from Oracle, powered by multibillion-dollar orders, sent Oracle stock shooting up. Oracle cofounder Larry Ellison has wrested the title of the world's richest person from longtime holder Elon Musk. On Wednesday, as stock in Ellison's software giant rocketed more than a third in a stunning few minutes of trading, Ellison's net worth surpassed the Tesla CEO, according to wealth tracker Bloomberg.

Larry Ellison's net worth has risen to $254 billion, surpassing Mark Zuckerberg and positioning him as the second richest person behind Elon Musk, valued at $349 billion.