Oracle co-founder and chairman Larry Ellison, 80, has ranked second on Forbes’ list of the richest people on the planet.
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His fortune increased by $8.8 billion in one day. As of September 16, it was estimated at $206.5 billion.
The list is headed by American entrepreneur and founder of SpaceX and Tesla, Elon Musk, with a fortune of 251.1 billion dollars. Amazon founder Jeff Bezos, who previously occupied the second position, fell to third place in the ranking.
In fourth place is Facebook founder* Mark Zuckerberg with $184.6 billion; in fifth place is LVMH CEO Bernard Arnault with a fortune of $170.7 billion.
- Oracle ceased operations in Russia in March 2022 due to a Russian covert operation in Ukraine. Its “daughter” stopped providing technical support to contractors and refused contracts.
- A year later, the Moscow Arbitration Court declared Oracle Computer Equipment JSC bankrupt. The suit was filed by Croc Inc., a company operating under the Croc brand.
- As of July 2024, Oracle’s Russian subsidiary has not paid its debts to local companies. Oracle Computer Equipment’s debts are estimated at 1.43 billion rubles. Among the creditors are Marvel Distribution (425.2 million rubles), Alfa-Bank (99.4 million rubles), Force Development Center (440 million rubles), Megafon (44 million rubles), Sberbank (77.2 million rubles), as well as Jet Infosystems (20 million rubles).
*belongs to Meta, recognized as extremist and banned in Russia
Author:
Karina Pardaeva
Source: RB
I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.
