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Mark Zuckerberg Surpasses Larry Ellison to Become the Third Richest Person

Mark Zuckerberg has officially surpassed Oracle co-founder Larry Ellison to claim the title of the third richest person in the world, according to Forbes’ real-time billionaires list.

Key Insights

Zuckerberg’s fortune saw an impressive increase of over 4%, reaching $217.7 billion after Monday’s stock market close, while Ellison’s wealth dipped slightly by 0.3%, totaling $209 billion. This shift in rankings was closely tied to the performance of their respective companies’ stocks: Meta’s share price rose by approximately 4% to $630.20, while Oracle’s stock dropped by 0.3% to $165.78.

On Friday, January 3, Zuckerberg and Ellison briefly swapped positions, but by the end of the day, Ellison held the higher rank. Despite this, Zuckerberg’s rise marks a significant shift in the upper echelons of the billionaire rankings.

Elon Musk remains the wealthiest person globally with $425.2 billion, followed by Amazon’s Jeff Bezos with $241 billion.

A Changing Fortune for Ellison

Just a couple of months ago, Larry Ellison’s wealth topped $228 billion, tying him with Bezos for second place. However, in early December, Oracle’s stock suffered a major setback after a financial report revealed disappointing results, causing Ellison’s fortune to dip by $15 billion. Ellison, who owns approximately 40% of Oracle, serves as the company’s chairman, chief technology officer, and co-founder.

In contrast, Zuckerberg, who owns about 13% of Meta, continues to serve as the company’s CEO and chairman.

Political Winds and Tech Fortunes

In the wake of Donald Trump’s victory over Kamala Harris in the November election, the fortunes of several tech leaders have surged. Ellison saw a $12 billion boost in the weeks following the election, while Bezos gained $7 billion. Musk saw the most substantial increase, with his wealth rising by nearly $21 billion in the immediate aftermath.

Meta’s Strategic Moves

On Monday, Meta made waves by announcing that UFC President Dana White will join its board of directors. Zuckerberg shared the news on Facebook, alongside the additions of Exor CEO John Elkann and former Microsoft executive Charlie Thornhurst. Zuckerberg expressed confidence in the company’s future, citing vast opportunities in artificial intelligence, wearables, and the evolution of social media. With these new board members, Meta aims to chart a bold course forward in these rapidly growing sectors.

Cyprus Expected Working Life Reaches 39.5 Years, Above EU Average

People in Cyprus are expected to spend 39.5 years in the workforce, around two years longer than the European Union average of 37.5 years, according to the latest Eurostat data for 2025.

The figure places Cyprus among the EU countries with the longest expected working lives.

Cyprus Ranks Above EU Average

Only a handful of member states recorded higher figures than Cyprus. The Netherlands topped the ranking at 44 years, followed by Sweden at 43.4 years, Denmark at 42.6 years, and Estonia at 41.5 years.

At the other end of the ranking were Romania with 32.7 years, Italy with 33.0 years, Bulgaria with 34.6 years and Greece with 35.3 years.

Gender Gap Remains Wider Than EU Average

Men in Cyprus are expected to remain in work for 42.1 years, compared with 36.7 years for women. The gap of 5.4 years exceeds the EU average gender gap of 4.1 years.

Across the bloc, Lithuania, Latvia and Estonia were the only countries where women were expected to spend longer in employment than men. Finland recorded the smallest positive gender gap at 0.7 years.

Italy posted the widest gap at 8.9 years, followed by Romania at 6.9 years, Greece at 6.7 years and Malta at 6.3 years.

Working Lives Continue To Lengthen

Between 2016 and 2025, expected working life in Cyprus increased by 3.5 years, placing the country among the strongest performers in the EU over the period. Men’s expected working life rose by 3.3 years, while women’s increased by 3.6 years.

Across the EU, every member state recorded an increase. Malta posted the largest gain at 4.9 years, followed by Hungary and Ireland at 4.2 years each, and the Netherlands at 4.1 years.

Malta’s increase was driven largely by women, whose expected working life rose by 7.8 years, the biggest increase recorded across the bloc.

By comparison, Romania, Spain, Italy, Germany and Austria recorded gains of two years or less over the same period.

Women’s Working Lives Increase Faster Across Europe

Women’s expected working life increased faster than men’s in most EU countries. Denmark, Romania, Sweden and Greece were the main exceptions.

In Cyprus, gains for men and women were broadly similar, alongside Bulgaria, Belgium and Slovenia.

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