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Larry Ellison

Overview

Larry Ellison is an iconic business magnate, American entrepreneur, investor, and philanthropist best known as the co-founder and executive chairman of software giant Oracle Corporation. 

With a career spanning over four decades, he is credited with revolutionizing the software industry with the invention of the Oracle database. 

After dropping out of college to pursue his dream of starting a software business, he and two partners won a two-year contract to build a relational database management system (RDBMS) for the CIA, which was code-named Oracle. 

Under his strong leadership and strategic vision, Oracle achieved immense success and Ellison’s net worth has grown to an estimated $95.6 billion as of November 2022. 

He is also a passionate sailor, having won prestigious America’s Cup twice, and is known for his philanthropic activities, having donated large sums of money to various causes, such as cancer research and education. 

A testament to the power of hard work, dedication, and innovation, Larry Ellison’s story inspires aspiring entrepreneurs.

According to the Vizaca Billionaire Index, Larry Ellison’s net worth is currently estimated to be

$98.6B billion as of February 2023. (If you’re reading this at a later date, keep checking Vizaca billionaires for real-time net worth.)

The primary sources of Larry Ellison’s wealth are his ownership of Oracle Corporation, his investment in Tesla, and his other investments in real estate, venture capital, and private equity.

Biography

Larry Ellison spouse and family

Larry Ellison is currently married to Melanie Craft, a romance novelist whom he married in 2003 at his Woodside estate. 

They are still married as of 2023. Together, they have no children. Larry Ellison also has two children, David and Megan, with his third wife, Barbara Boothe. 

He is also the proud grandfather of six grandchildren. In 2020, Larry Ellison moved permanently to the Hawaiian island of Lanai, which he bought nearly all of in 2012 for $300 million.

Investments

Larry Ellison has made various investments, from venture capital to real estate. 

His most notable investments include Tesla, Quark Biotechnology, Astex Pharmaceuticals, Kosmos Tennis, Theranos, Pacific Heights mansion, Woodside property, Epiphany Hotel, tennis courts, ranches, stretches of beach, and gardens in Japan. 

Ellison also owns 98% of the Hawaiian island of Lana’i. He has also invested in an Austin-based company and Binance, as well as a stake in Tesla, a sailing team, and the Indian Wells tennis event. His investment in Tesla is estimated to be worth $1 billion.

Controversies

Larry Ellison has been involved in a number of controversies throughout his career. Few of them are, 

  • Hostile Takeover Attempt of PeopleSoft in 2004
  • Aggressive Business Tactics and Outspoken Personality
  • Refusal to Pay Employee’s Wages After Legal Dispute
  • Involvement in Oracle-Microsoft Antitrust Trial
  • Environmental Record
  • Moved Oracle’s Headquarters from California to Texas in 2020.
  • Books

    As of 2023, Larry Ellison has written the following books:

  • Bad Blood: Secrets and Lies in a Silicon Valley Startup 
  • Softwar: An Intimate Portrait of Larry Ellison and Oracle 
  • Passive Income: A Beginner’s Guide to Becoming a Pro in Making Passive Income 
  • Email Marketing: A Beginner’s Guide to Becoming a Pro In Email Marketing 
  • Passive Income: Tips and Tricks to Maximize Profits 
  • Business Marketing Network: Tips and Tricks to Maximize Profits 
  • Email Marketing: Tips and Tricks to Maximize Profits 
  • My Líttle Póny Coloring Book: 100+ Amazing My Líttle Póny Coloring Pages for Boys, Girls, Kids, Ages 2-4, Ages 5-12, Adults to Relax and Have Fun, Great Gift Idea for My Líttle Póny Fans! 
  • Business Adventures: Tips and Tricks to Maximize Profits 
  • The Tech Billionaires Collection: Biographies of Facebook’s Mark Zuckerberg, Alibaba’s Jack Ma, Peter Thiel, Larry Ellison, and The Google Founders 
  • The Secret Society: The Saga Continues… 
  • Business Adventures: A Beginner’s Guide to Becoming a Pro In Business 
  • Business Marketing Network: A Beginner’s Guide to Becoming a Pro In Network Marketing 
  • Ebusiness or Out of Business: Oracle’s Roadmap for Profiting in the New Economy 
  • Everybody Needs a Jay.
  • Achievements

    Larry Ellison’s achievements until 2023 are listed below.

  • Founded Oracle in 1977 and built it into the world’s largest software company.
  • Became one of the richest men in the world.
  • Led Oracle to become the world’s second-largest supplier of business applications.
  • Acquired Sun Microsystems, Hyperion Solutions, Retek, Siebel Systems, and PeopleSoft to expand Oracle’s reach.
  • Pioneered the development of the internet and cloud computing.
  • Recognized as one of the most influential entrepreneurs of our generation.
  • Invested in Tesla, Quark Biotechnology, Astex Pharmaceuticals, Kosmos Tennis, Theranos, and other companies.
  • Owns an extensive portfolio of real estate and other assets.
  • Mastered the art of outmaneuvering competitors.
  • Won numerous awards for his achievements in business and philanthropy.
  • Advice’s

    Larry Ellison’s advice to entrepreneurs about business includes:

  • Don’t limit yourself – financial success involves constant growth.
  • Play by your own rules.
  • Never retire.
  • Don’t despair.
  • Hire the smartest people you can find.
  • Know your capabilities and strive to exceed them.
  • Take risks and use innovation to break rules constructively.
  • Be competitive and gather intel about your rivals.
  • Pursue what you love and let passion drive you.
  • Follow the road less traveled and challenge convention.
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    Zora Stowers

    Update: 2024-05-04