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The World's Top 10 Billionaires

5. Larry Ellison

Net Worth: $39.5 billion UP
Source: Oracle
Citizenship: U.S.

The Oracle chief sits atop a fortune that is $11.5 billion bigger than last year thanks to a 30 percent jump in the software company's shares. In November Oracle won a mud-slinging copyright infringement court battle against German software rival SAP worth $1.3 billion. SAP is contesting the outcome. Oracle has acquired 75 companies over the years worth $40 billion, and figured out a way to turn a profit on its latest big buy, Sun Microsystems, in 2010. One of the highest-paid executives in the U.S., Ellison reaped $960 million in compensation in the past five fiscal years, mostly from exercising stock options; he recently cut his salary to $1. An avid yachtsman, Ellison spent a decade and over $100 million on his quest for the America's Cup, which he finally won in February 2010, beating Swiss rival (and billionaire) Ernesto Bertarelli. He is bringing the America's Cup to San Francisco in 2013. Intends to give 95 percent of wealth to charity.

More from Forbes:

The World’s Richest Women Billionaires 2011
The World’s Youngest Billionaires 2011
Notable Newcomer Billionaires 2011

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