Co-Founder, Chairman, CTO: Oracle (ORCL)
Net worth: $93.7 billion
Oracle Ownership: 40%+ ($65.6B)
Other assets: Tesla stock ($10.2 billion in public assets), $17.2 billion in cash and real estate
Larry Ellison was 19 years old and was born in New York City to a single mother.
After dropping out of the University of Chicago in 1966, Ellison moved to California where he worked as a computer programmer.
In 1973, he joined his electronics company, his Ampex, where he met his future partner, his colleague Ed Oates, and his Bob Miner.
Three years later, Ellison joined Precision Instruments as Vice President of Research and Development.
In 1977, Ellison co-founded a software development lab with Oates and Miner.
Two years later, the company released Oracle, the first commercial relational database program to use Structured Query Language.
The database program became so popular that in 1982 he changed the name from his SDL to Oracle Systems Corporation.
Ellison stepped down as CEO of Oracle in 2014 after serving 37 years.
He will join Tesla’s board of directors in December 2018 and step down in June 2022.
Oracle is the world’s second largest software company, offering a variety of cloud computing programs, Java and Linux code, and the Oracle Exadata computing platform.
Oracle acquired human resources systems provider PeopleSoft in 2005, customer relationship management application provider Siebel in 2006, enterprise infrastructure software provider BEA Systems in 2008, and hardware and Sun Microsystems in 2009. . micro system. Software development provider for microsystems.
In December 2021, Oracle agreed to acquire medical records software provider Cerner (CERN) for $28.3 billion in cash.
Ellison is known to be a spendthrift and has invested heavily in luxury real estate over the past decade.
Perhaps his most impressive acquisition came in 2012 when he bought most of Hawaii’s island of Lanai for $300 million.
he made a spa
Ellison focused his philanthropic work on medical research.
In 2016, he donated his $200 million to USC for a new cancer research center.
Ellison is the 2010 Cup he champion and the 2013 US regatta champion.
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