5. Larry Ellison
Net worth: $174.7 billion
Source: Oracle
Age: 80
Residence: Woodside, California
Citizenship: U.S.
Ellison cofounded software firm Oracle in
1977 and ran it as CEO until 2014; he now
serves as chairman and chief technology
officer of the company. Over the years Oracle
has made a series of large acquisitions,
including buying Sun Microsystems in 2010
for $7.4 billion.
In 2012, Ellison bought 98% of the Hawaiian
island of Lanai for $300 million. He also owns
homes in California and Nevada. Ellison
invested in Tesla and served on the board of
the car company from 2018 through August
2022.
During February 2024, In late July, Ellison
moved into the No. 4 richest spot, but was
overtaken by Zuckerberg in late August.
As of September 1, Ellison ranks No. 5 with a
$174.7 billion fortune. That’s up by $2 billion
from the previous month.
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