Larry Ellison

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Name
Larry Ellison
Net Worth
141 Billion USD
Birth Date
17 August 1944
Age
80
Country
United States
City
Woodside
Business
Technology
Organization
Oracle
Position
CTO and Founder

Larry Ellison, born on August 17, 1944, in New York City, is a renowned American entrepreneur best known for co-founding Oracle Corporation, one of the world's leading software companies. Ellison ranks among the wealthiest individuals globally, with his fortune largely derived from Oracle's success in enterprise software solutions.

Ellison's journey in technology began in the early 1970s after working for several tech firms in California. In 1977, he co-founded Software Development Laboratories (SDL) with Bob Miner and Ed Oates. The company was later renamed Oracle Corporation, inspired by a CIA project Ellison worked on, which was code-named "Oracle." Their breakthrough came with the development of the Oracle Database, which was one of the first to use the Structured Query Language (SQL), now a standard in database management.

Under Ellison's leadership, Oracle grew exponentially, becoming a dominant force in the software industry. The company expanded its product offerings to include cloud computing, enterprise resource planning (ERP), customer relationship management (CRM), and more. Oracle's aggressive acquisition strategy, which included purchasing companies like PeopleSoft, Siebel Systems, and Sun Microsystems, further solidified its market position.

Ellison served as Oracle's CEO until 2014, when he stepped down to become the executive chairman and chief technology officer. His vision and strategic acumen have driven Oracle's innovation and sustained growth, making it a cornerstone of enterprise technology worldwide.

Beyond Oracle, Ellison is known for his lavish lifestyle and significant investments in real estate and other ventures. He owns several luxurious properties, including the entire Hawaiian island of Lanai, which he purchased in 2012. His interests also extend to sports, as he co-founded the sailing team Oracle Team USA, which won the America's Cup multiple times.

Ellison is also a philanthropist, having pledged to give away most of his wealth through The Giving Pledge, a commitment by the world's wealthiest individuals to donate the majority of their fortunes to charitable causes. His contributions focus on medical research, education, and global health initiatives.

Ellison's legacy is marked by his profound impact on the technology industry and his diverse interests, which reflect his dynamic and ambitious nature. His contributions to enterprise software have reshaped business operations globally, ensuring his place as a pivotal figure in modern technology.

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