Finance

Who Is the 4th Richest Person in the World in 2024

As of the latest Forbes real-time billionaires tracker, the 4th richest person in the world is Larry Ellison, co-founder and executive chairman of Oracle. His estimated net wort...

Mara Ellison
Who Is the 4th Richest Person in the World in 2024

Current 4th Richest Person in the World

As of the latest Forbes real-time billionaires tracker, the 4th richest person in the world is Larry Ellison, co-founder and executive chairman of Oracle. His estimated net worth places him just behind Bernard Arnault & family, Elon Musk, and Jeff Bezos in the global ranking. Ellison's wealth is driven primarily by his substantial stake in Oracle, the cloud and enterprise software giant he helped build in the 1970s.

The ranking is based on publicly available shareholdings, stock prices, and disclosed assets. Because equity valuations fluctuate daily, the position of the 4th richest person can shift quickly. The Forbes real-time list updates throughout the trading day to reflect the latest market movements and corporate filings.

Larry Ellison's Background and Business Empire

Larry Ellison co-founded Oracle in 1977 and served as CEO until 2014, transitioning to the roles of executive chairman and chief technology officer. Under his leadership, Oracle grew from a small database company into one of the largest enterprise software and cloud computing firms globally. He remains a major shareholder and a prominent figure in technology and investment circles.

Beyond Oracle, Ellison has made high-profile investments in real estate, aviation, and healthcare. He owns a significant stake in Hawaiian island Lanai and has invested in companies spanning electric aviation and biotech. His diversified portfolio, combined with his Oracle holdings, underpins his position among the top billionaires worldwide.

How the Forbes Billionaires List Determines Rankings

The Forbes billionaires list calculates each person's net worth by valuing their assets, including publicly traded shares, private company stakes, real estate, and cash, then subtracting liabilities. For the 4th richest person, the methodology relies on stock prices, SEC filings, and interviews with analysts, family members, and insiders. Forbes updates the rankings regularly to capture changes in market value and corporate developments.

Forbes uses real-time data where possible and supplements it with regulatory filings and direct reporting. The list covers individuals from dozens of countries and industries, offering a transparent view of global wealth concentration. Readers can explore detailed profiles, historical net worth trends, and sector breakdowns on the Forbes billionaires page.

Forbes Real-Time Billionaires List

Oracle Official Website

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