Warbas News

Photo: Mark Zuckerberg (Instagram) Mark Zuckerberg , the CEO of Meta, is now worth $200 billion, putting him in a small group of the world's richest people. He joins Elon Musk , CEO of Tesla, and Jeff Bezos , the founder of Amazon, who both have net worths over $200 billion, according to the Bloomberg Billionaires Index. Zuckerberg's wealth jumped by $72 billion this year, thanks to Meta’s stock going up by nearly 60%. The stock is now worth over $560 per share. Bezos also saw his wealth grow by $39 billion, bringing his total to $216 billion, while Musk's fortune rose by $36 billion, bringing his total to $265 billion. The only person worth $200 billion at the start of the year besides Musk was Bernard Arnault, the CEO of luxury goods company LVMH. However, Arnault’s wealth has dropped by $30 billion this year, taking him out of the $200 billion club. Photo: Mark Zuckerberg (Instagram) Larry Ellison , the co-founder of Oracle, is now the fifth richest person after his fort...

Photo: Larry Ellison, Jeff Bezos (Instagram) Larry Ellison, the Chairman of Oracle, has become the second-richest person in the world, overtaking Amazon founder Jeff Bezos. This change happened as Oracle's stock surged by 5.1% on Monday, continuing its strong performance. Ellison's wealth grew by $8.1 billion since Friday, reaching $206 billion. Bezos, who had held the second spot for many years, is now worth $203 billion. Elon Musk , the CEO of Tesla, remains the richest person, with $251 billion. Oracle’s recent stock increase comes after the company reported earnings that exceeded expectations. This helped boost its future revenue forecasts and contributed to Ellison’s rise in wealth. Oracle’s shares have gone up by 20% this month, marking one of its best months since 2022. Photo: Larry Ellison (Instagram) One reason for Oracle's success is its involvement in the growing field of artificial intelligence. Ellison shared that Oracle is building data centers to meet the inc...