Larry Ellison | Biography, Chief Technology Officer of Oracle, & Facts

Larry Ellison is the co-founder and former CEO of Oracle Corporation, a multinational computer technology company. As of 2023 his net worth is $108.2 billion and he is a renowned American businessman, investor, and philanthropist. Additionally, He is also a philanthropist. Let us discuss his wiki in a bit more detail.

Larry Ellison Net Worth

Larry Ellison is worth 108.2 billion dollars right now. Furthermore, he is the 9th richest person in the United States and the 10th richest person worldwide. Also, he became this rich by creating Oracle and being its founder and Chief Technology Officer.

Net Worth Growth

Early Life

Ellison was born on August 17, 1944, in New York City, and grew up in Chicago. He was raised by his adoptive parents. And had a difficult childhood. Due to their constant financial struggles. Furthermore, he attended the University of Illinois at Urbana-Champaign. But dropped out after his second year.

Career

Ellison came to California in the 1960s and worked different jobs. He finally found a job at Ampex Corporation. Where he first became interested in computer programming. In 1977, he founded Software Development Laboratories (SDL). Which later became Oracle Corporation. Oracle focused on developing database management systems for large computer systems. 

Moreover, he was now in the big leagues. Ellison started his company with great enthusiasm. In addition to this, his investors also praised him. Furthermore, he got more incentives. People believed in Ellison, and he also believed in them. This was great for the company.

Education

Ellison’s early schooling was at South Shore High School in Chicago. Where his aunt adopted him. In addition to this, he had a keen interest in his studies. But had to drop out of school three days before the final exam. Due to his adoptive mother’s death. Moreover, Ellison then joined the University of Illinois. Also, he was extremely intelligent. People who knew him said he had a talent for business. Furthermore, this was an advantage. 

Retirement

Ellison stepped down as CEO of Oracle in 2014. But remained as the company’s chairman of the board and chief technology officer. In addition to this, he has also been involved in several other ventures. Including the America’s Cup yacht race, which he won in 2010 and 2013. Moreover, he still sees some problems from time to time. It is a good practice. More people should engage like this.

Philanthropy

Ellison is a prominent philanthropist. He has donated millions to charity. In addition to this, he is also a signatory of the Giving Pledge. Moreover, it has many other signatories. Furthermore, Ellison will give away more of his wealth in future. Additionally, it is good for the society as a whole. Let us see how much more he gives to charity in the coming years. Also, it is beneficial for his image. By all means, a positive step. 

Assets

In addition to his philanthropy, Ellison is also known for his extravagant lifestyle. Moreover, he owns several properties around the world. Including a $200 million estate in California and a $100 million mansion in Rhode Island. Also, a $65 million estate in Japan. In addition to this, he also owns a private jet and a fleet of luxury cars. Furthermore, these assets will only increase in the coming years. Also, he loves owning expensive vehicles.

Awards

Larry Ellison has a diverse career, including cameo appearances in movies such as Iron Man 2. He’s also invested in markets, like 50% of Paribas Open tennis tournaments. Ellison founded two Software Development laboratories and won the Golden Plate of the Year. He likes investing in many other markets. Also, he likes to keep his game sharp. Ellison has not rusted at all till now. 

Conclusion

Despite his wealth and success, Ellison has faced criticism for his business practices. Including allegations of antitrust violations. Also, about questionable accounting practices at Oracle. However, his contributions to the field of computer technology and his philanthropy are immense. Furthermore, they have cemented his place as one of the most influential and wealthy individuals in the world.

FAQs

1. What is Larry Ellison’s net worth?

His net worth is $108.2 billion. 

2. Why is Larry Ellison famous?

He is famous for being a tech genius. 

3. What is the height of Larry Ellison?

His height is 191 cm. 

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