Larry Ellison net worth
Current Net Worth – $94.2 Billion (USD – 9.4 Thousand Crores), (Rupees – 7.33 Lakh Crores)
Larry Ellison short biography:
|Net Worth||$94.2 Billion|
|Born||August 17, 1944 (Age – 77)|
|Identified as||Co-Founder, CTO, & Executive Chairman of Oracle Corporation|
|Status||Business magnate, Philanthropist, & Investor|
|Education||University of Chicago;|
The University of Illinois, Urbana-Champaign (dropped out)
|Nationality||United States of America|
Moved to Hawaii to the island of Lanai
|Spousal Status||Married (4) – Adda QuQuin (m. 1967; div. 1974),|
Nancy Wheeler Jenkins
(m. 1977; div. 1978),
(m. 1983; div. 1986),
(m. 2003; div. 2010)
He is the co-founder, chief technology officer (CTO), and executive chairman of Oracle Corporation, an American multinational computer technology corporation headquartered in Austin, Texas.
In 2019, Oracle was the second-largest software company by revenue and market capitalization.
The company was formerly headquartered in Redwood Shores, California until December 2020 when it moved its headquarters to Texas.
Larry Ellison is the samurai warrior of Silicon Valley his attitude is “If you want to compete against me then be prepared to be crushed”.
He is considered the 4th richest man in tech holding an $86.8 billion net worth.
He has gained this status by his founded company Oracle where he served as a CEO until September 2014.
In September 1999 he had reached the 2nd richest man in the world position behind Bill Gates, according to Forbes analyzed data.
The brazen billionaire is an ambitious firebrand with a singular management style.
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Larry Ellison biography
|Full Name||Larry Ellison|
|Birthplace||Bronx, New York, United States|
|Height||6.3 feet, 191 cm|
Lawrence Joseph Ellison (Larry Ellison) was born on August 17, 1944, in New York City, US, to an unwed Jewish mother. His biological father was an Italian-American United States Army Air Corps pilot.
After Ellison contracted pneumonia at the age of nine months, his mother gave him to her aunt (Lillian Ellison) and uncle (Louis Ellison) for adoption. He did not meet his biological mother again until he was 48.
Although Ellison was raised in a Reform Jewish home by his adoptive parents, who attended synagogue regularly.
He grew up in Chicago, when he was 12 his father bluntly gave him some surprising news. His dad just said right before dinner “Oh by the way you were adopted and we’re having meatloaf tonight”.
That was so shocking, Ellison “I just put it away and thought about it for years without you know confronting all and realizing all of the implications”.
His social media handle:
He dropped out of college twice Ellison was a mediocre student and disliked formal education.
Larry was not interested in following the rules at school, in the family, or anywhere else, an newspaper editor Mike Wilson, interviewed Ellison and let out something about him.
Larry needed to get out from underneath the shadow of Lewis Ellison and prove to his father that he could make something of himself.
The CIA needed a system to store and retrieve vast amounts of foreign intelligence concerned with its various sensitive operations and missions.
For Ellison, it was the job of a lifetime and would plant the seeds for his future. In the 1970s information storage meant putting data on reel-to-reel tape which was just too slow and inconsistent for the CIA and also very slow for Ellison.
He left Ampex and later started his own company with his friend and programming genius Bob Miner.
Bob and Larry were a perfect odd couple for Silicon Valley.
Bob had all of the engineering smarts and the technical ability Larry on the other hand had the sales ability, division the ability to go to a customer and explain here’s how your business can change.
Larry Ellison started Oracle software with $1200 over 30 years ago and it has made him the highest-paid executive over the last decade with total compensation of 1.84 billion dollars.
There was nobody better than Larry at making a customer believe that he could change that person’s business life with his product.
He sees around the corner well before many of us get to the end of the street. And there is absolutely no doubt that he hates to lose.
His company’s employee “He’ll do whatever it takes to win in the office, ASAP the German’s software firm was ordered to pay Oracle 1.3 billion dollars or on the ocean”.
His company’s technology has become the backbone of the world’s information systems from the government to online commerce.
Some of the world’s most essential software tools you use every day but probably don’t realize that it’s his company making them work.
Almost everybody in the world uses Oracle you just don’t know, if you do any kind of government transaction with almost any of the governments in the world, a business transaction with almost any internet business in the world, or any traditional business.
If you have a credit card, if you have a cell phone, if you have any of the modern things in life, and if you live today, it seems you probably use Oracle.
Larry Ellison arguably recreated the important computer software you never heard of, he was a man behind the curtain for a tremendous change in the way we all live.
His company’s social media handles:
Private & early life
From 1977 until 1978, Nancy Wheeler Jenkins was a model.
Six months before Ellison launched Software Development Laboratories, they married. The couple divorced in 1978.
From 1983 through 1986, Barbara Boothe was a model. Boothe worked for Relational Software Inc. as a receptionist (RSI). David and Megan, their two children, are film producers for Skydance Media and Annapurna Pictures, respectively.
From 2003 through 2010, Melanie Craft worked as a romance author. On December 18, 2003, at his Woodside home, they married.
Representative Tom Lantos conducted the wedding, which was photographed by Ellison’s friend Steve Jobs, former CEO and co-founder of Apple Inc. In 2010, they divorced.
In the 2010 film Iron Man 2, Ellison had a brief cameo appearance. Ellison bought half of the BNP Paribas Open tennis event in 2010.
His favorite car is the Acura NSX, which he was known to give out as gifts every year while it was being manufactured. Ellison is said to be the proud owner of a Lexus LFA.
Ellison also owns a McLaren F1 and an Audi R8.
Net worth statistics
- April 2016 – $43.6 B
- October 2016 – $49.3 B
- April 2017 – $52.2 B
- October 2017 – $59.0 B
- April 2018 – $58.5 B
- October 2018 – $58.4 B
- April 2019 – $62.5 B
- October 2019 – $65.0 B
- April 2020 – $59.0 B
- September 2020 – $72.0 B
- April 2021 – $93.0 B
- April 2022 – $106 B
His flair for the fast lane was obvious early, Larry went out and bought himself a turquoise blue Thunderbird, he was a stylish guy who wanted to impress people he got in that car and drove it to California.
If you know anything about Oracle’s Larry Ellison it probably goes something like this, he’s got a Bugatti the fastest car, his home cost 200 million dollars, the fastest sailboat that’s everything goes.
He’s addicted to winning, the more you win the more you learn. He’s a high-flying adrenaline junkie and an unapologetic collector of expensive toys and real estate.
He spent 400 million dollars to bring the 2010 America’s Cup the oldest active trophy in sports back to America for the first time in 15 years, but his success comes from something far less flashy.