Larry ellison net worth and biography

Larry Ellison Net Worth:

Larry Ellison's net worth is estimated to be around $70 billion, according to Forbes. He is one of the richest people in the world and has been ranked as high as #6 on the Forbes 400 list of richest people in the world.

Biography:

Larry Ellison was born on August 17, 1944, in New York City, New York. His parents were both Jewish immigrants from Eastern Europe. Ellison grew up in a poor household and was raised by his mother, who worked multiple jobs to support the family.

Ellison developed an interest in computers at an early age and attended the University of Illinois at Urbana-Champaign, where he studied computer science. However, he dropped out of college after two years to pursue a career in computer programming.

In the early 1970s, Ellison co-founded a software company called Software Development Laboratories (SDL) with two other programmers. The company later changed its name to Oracle Systems Corporation and focused on developing relational database management systems.

Career:

Ellison's big break came in 1979 when Oracle released its first relational database management system, Oracle Database. The product was a huge success, and Oracle quickly became one of the leading database management companies in the world.

In the 1980s, Ellison took Oracle public and used the company's success to build a vast fortune. He also became known for his aggressive business tactics and his ability to outmaneuver his competitors.

In the 1990s, Ellison expanded Oracle's product line to include enterprise software, such as customer relationship management (CRM) and enterprise resource planning (ERP) systems. He also made several high-profile acquisitions, including PeopleSoft and Siebel Systems.

In 2010, Ellison stepped down as CEO of Oracle and became the company's executive chairman and chief technology officer. He has since focused on developing new technologies, including cloud computing and artificial intelligence.

Personal Life:

Ellison is known for his love of sailing and has owned several luxury yachts, including the 452-foot Rising Sun, which is one of the largest privately owned yachts in the world. He has also been involved in several high-profile philanthropic efforts, including the Ellison Medical Foundation, which focuses on medical research and education.

Ellison has been married twice and has four children. He is a member of the Republican Party and has been a vocal supporter of Donald Trump.

Interesting Facts: