Who is Larry Ellison?
Larry Ellison is an American businessman and entrepreneur best known as the co-founder, executive chairman and chief technology officer (CTO) of Oracle Corporation, a multinational computer technology company headquartered in Redwood City, California.
Under his leadership, Oracle has become a global leader in developing and selling enterprise software, database management systems, cloud computing technologies and other related products and services.
|First and last name
|American business magnate
|Founder of Oracle
Birthday and zodiac
|Age (from 2022)
|78 years old
|Date of birth
|August 17, 1944
|The Bronx, New York, United States
|South Shore High School, Eugene Field Elementary School (1958)
|University of Illinois Urbana-Champaign (1962-1964), The University of Chicago (1964-1966)
|6 feet 3 inches (1.91 m)
|Estimated net worth
|USD 118.8 billion (2023)
Family and relationship
|Florence Spellman, Lillian Ellison
|Melanie Craft (m. 2003-2010), Barbara Boothe (m. 1980-1986), Nancy Wheeler Jenkins (m. 1977-1978), Adda Quinn (m. 1967-1974)
|Brothers or sisters
|Megan Ellison, David Ellison
Larry Ellison Biography Timeline
Larry Ellison is an American entrepreneur and businessman best known as the co-founder of Oracle Corporation, one of the world’s leading software companies. Born August 17, 1944, in New York City, Ellison grew up in Chicago and attended the University of Illinois at Urbana-Champaign before dropping out to pursue a career in the technology industry. Here is a timeline of his life and career:
- 1977: Ellison co-founded Software Development Laboratories, which later became Oracle Corporation.
- 1986: Oracle Corporation went public and became one of the most successful initial public offerings (IPOs) in history.
- 1990: Ellison became the CEO of Oracle Corporation.
- 1995: He was named the highest paid executive in the United States, earning a salary of $96 million.
- 1997: Ellison was inducted into the Computer History Museum’s Hall of Fellows.
- 2010: He stepped down as CEO of Oracle Corporation, but stayed on as chairman of the board and chief technology officer.
- 2012: Ellison bought 98% of the Hawaiian island of Lanai for an estimated $300 million.
- 2014: He stepped down as chairman of the board of directors of Oracle Corporation, but stayed on as the company’s chief technology officer.
- 2016: Forbes magazine named Ellison the seventh richest person in the world, with a net worth of $43.6 billion.
- 2018: He donated $200 million to the University of Southern California to establish the Lawrence J. Ellison Institute for Transformative Medicine.
Throughout his career, Ellison has been recognized as one of the most influential figures in the technology industry. He has pioneered the development of database technology and has made Oracle Corporation one of the largest and most successful software companies in the world. Ellison is also known for his philanthropic work, medical research and educational support. He continues to serve as chief technology officer of Oracle Corporation and remains an active investor and entrepreneur.
Biography: Early Life and Upbringing of Larry Ellison
Larry was born “Lawrence Joseph Ellison” on August 17, 1944 in New York City, USA. He was raised by his aunt and uncle, Lillian and Louis Ellison, after his mother, Florence Spellman, gave him up for adoption as a baby.
Ellison grew up in Chicago’s South Shore neighborhood, where he attended Eugene Field Elementary School. He showed an early aptitude for technology and programming, and at age 13 began studying computers and mathematics.
Ellison attended the University of Illinois Urbana-Champaign from 1962 to 1964, but dropped out before completing his degree.
He then enrolled at the University of Chicago in 1964, but left after two years without graduating.
Professional life of Larry Ellison
Larry’s professional career is a story of innovation, entrepreneurship and visionary leadership. As co-founder, executive chairman and CTO of Oracle Corporation, Ellison has played a critical role in shaping the technology landscape.
Oracle, which he co-founded in 1977, began as a database management company and quickly became a global leader in enterprise software, cloud computing, and hardware solutions.
In addition to Oracle, Ellison has made significant contributions to the technology industry through his other ventures. He co-founded NetSuite, a cloud-based ERP software company, and was involved with Tesla, an electric car manufacturer.
He has also vocally advocated for emerging technologies such as artificial intelligence and machine learning. He has made strategic acquisitions to keep Oracle at the forefront of the industry.
Larry Ellison: personal life, relationships and children
His relationships and family have marked Larry Ellison’s personal life. Ellison has been married four timeswhere every marriage ends in divorce.
His first wife was Adda Quinn, whom he married in 1967, but their marriage ended in divorce in 1974.
He then married Nancy Wheeler in 1977, but they divorced in 1978. Ellison’s third wife was Barbara Boothe, whom he married in 1983, but their marriage ended in divorce in 1986.
Larry’s fourth and current wife is Melanie Craft, whom he married in 2003.
In addition to his marriage, Ellison two children. His daughter, Megan Ellison, is a prominent film producer known for her work on films such as ‘Zero Dark Thirty’ and ‘American Hustle’.
His son, David Ellison, is a successful entrepreneur and film producer known for co-founding Skydance Media. This production company has produced blockbuster movies such as ‘Mission Impossible’ and ‘Star Trek’.
What is Larry Ellison’s net worth?
According to Forbes’ real-time billionaire tracker, Larry Ellison’s net worth is estimated to be around $118.8 billion as of April 2023.
Ellison’s wealth comes primarily from his co-founder and leadership of Oracle Corporation, a global technology company, and his investments in other ventures such as NetSuite and Tesla.
Social activist and philanthropist Larry Ellison
In 2010, Ellison signed “The Giving Pledge,” committing himself to give at least half of his wealth to charity.
He has donated billions of dollars to his charitable foundation, the Lawrence Ellison Foundation, which supports medical research, education and conservation.
Ellison has also made generous donations to organizations such as the Oracle Education Foundation, the Ellison Medical Foundation, and the Ellison Institute for Transformative Medicine.
- Larry Ellison co-founded Oracle with just $2,000, now a global technology giant.
- Ellison is a multiple winner of the prestigious America’s Cup and owns a luxury yacht.
- Larry built a mansion inspired by Frank Lloyd Wright’s ‘Fallingwater’.
- Ellison is a pioneer in promoting cloud computing.
- He is an art collector with valuable works by Monet and Picasso.
Frequently Asked Questions
Larry Ellison is an American businessman, entrepreneur, and philanthropist best known as the co-founder, executive chairman, and chief technology officer (CTO) of software giant Oracle Corporation.
Larry Ellison was born on August 17, 1944 in New York City, USA.
As of 2021, Larry Ellison’s net worth is estimated to be around $110 billion.
Larry Ellison attended the University of Illinois at Urbana-Champaign and the University of Chicago, but dropped out before completing his degree.
Larry Ellison co-founded Oracle Corporation in 1977 with Bob Miner and Ed Oates. The company started as a consultancy focused on building databases for the US Central Intelligence Agency (CIA).
As far as I know, the closing date of September 2021, Larry Ellison was the Executive Chairman and CTO of Oracle Corporation. However, he has announced plans to step down from his role as executive chairman and become the company’s chief technology officer and chairman of the board.
Yes, Larry Ellison has received numerous awards and honors for his business achievements, including the Harvard Business School’s Entrepreneur of the Year Award and the National Association of Corporate Directors’ Excellence in Corporate Governance Award.
Larry Ellison has invested in several companies, including Salesforce, Tesla, and Snap.
Yes, Larry Ellison has two children, David Ellison and Megan Ellison, who are involved in the movie industry.
Larry Ellison is a prominent philanthropist and has donated millions of dollars to various causes, including medical research, education and the environment. He has also signed The Giving Pledge, committing himself to donating most of his wealth to charity.
Larry Ellison is known for his passion for sailing and has competed in numerous yacht races and competitions.
As far as I know, the closing date of September 2021, Larry Ellison is not currently married. He has been married and divorced four times.
Larry Ellison has several homes, including a mansion in Woodside, California, and a Hawaiian island called Lanai, which he owns.
As far as I know, the closing date of September 2021, Larry Ellison is 77 years old.
Larry Ellison is known for his charismatic leadership style and hands-on approach to managing Oracle Corporation. He is also known for his competitive nature and willingness to take risks to succeed.