Who is Business Magnate Larry Ellison? Her Age, Family & More

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 corporation headquartered in Redwood City, California.

Under his guidance, Oracle has become a global leader in developing and selling enterprise software, database management systems, cloud computing technologies, and other related products and services.

AboutInfo
Full NameLarry Ellison
ProfessionAmerican Business Magnate
Popular ForFounder of Oracle

Birthday and Zodiac

Age (As of 2023)79 year old
Date of BirthAugust 17, 1944
Zodiac SignLeo
Birth PlaceThe Bronx, New York, United States
NationalityAmerican
EthnicityItalian-American

Education

SchoolSouth Shore High School, Eugene Field Elementary School (1958)
UniversityUniversity of Illinois Urbana-Champaign (1962–1964), The University of Chicago (1964–1966)

Physical Stats

Height6 feet 3 inches (1.91 m)
Eye ColorN/A
Weight82 kg

Net Worth

Estimated Net Worth118.8 billion USD

Family and Relationship                  

FatherLouis Ellison
MotherFlorence Spellman, Lillian Ellison
SpouseMelanie Craft (m. 2003-2010), Barbara Boothe (m.1980-1986), Nancy Wheeler Jenkins (m. 1977-1978), Adda Quinn (m. 1967-1974)
SiblingsN/A
ChildrenMegan Ellison, David Ellison

Social Media

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 on 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 remained as the company’s chairman of the board and chief technology officer.
  • 2012: Ellison purchased 98% of the Hawaiian island of Lanai for an estimated $300 million.
  • 2014: He stepped down as chairman of the board of Oracle Corporation but remained as the company’s chief technology officer.
  • 2016: Forbes magazine named Ellison the world’s seventh-wealthiest person, 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 been a pioneer in the development of database technology and has led Oracle Corporation to become one of the largest and most successful software companies in the world. Ellison is also known for his philanthropic work, medical research and education support. He continues to serve as the chief technology officer of Oracle Corporation and remains an active investor and Entrepreneur.

Biography: Early Life and Education

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 an infant. Ellison grew up in the South Shore neighbourhood of Chicago, where he attended Eugene Field Elementary School. He showed an early aptitude for technology and programming, and at the age of 13, he 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

Her professional career is a tale of innovation, entrepreneurship, and visionary leadership. As the co-founder, executive chairman, and CTO of Oracle Corporation, Ellison has played a pivotal role in shaping the technology landscape.

Oracle, which he co-founded in 1977, started as a database management company and quickly became a global leader in enterprise software, cloud computing, and hardware solutions.

Beyond 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 has been involved with Tesla, an electric car manufacturer. He has also vocal advocated for uprising technologies like artificial intelligence and machine learning. He has made strategic acquisitions to keep Oracle at the forefront of the industry.

Personal Life, Relationships and Kids

His relationships and family have marked Her personal life. Ellison has been married four times, with each marriage ending 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.

His fourth and current wife is Melanie Craft, whom he married in 2003. In addition to his marriage, Ellison has two children. His daughter, Megan Ellison, is a prominent film producer known for her work on movies 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 films such as “Mission Impossible” and “Star Trek.”

Net Worth

Her net worth is estimated to be around 118.8 billion, according to Forbes’ real-time billionaire tracker. Ellison’s wealth primarily comes from his co-founding and leadership of Oracle Corporation, a global technology company, and his investments in other ventures such as NetSuite and Tesla.

Social Activist and Philanthropist

In 2010, Ellison signed “The Giving Pledge,” committing to donate at least half of his wealth to charitable causes. He has donated billions of dollars to his charitable foundation, the Lawrence Ellison Foundation, which supports medical research, education, and wildlife conservation.

Ellison has also donated generously to organizations such as the Oracle Education Foundation, the Ellison Medical Foundation, and the Ellison Institute for Transformative Medicine.

Trivia

  • Larry Ellison co-founded Oracle with just $2,000, now a global tech giant.
  • Ellison has won the prestigious America’s Cup multiple times 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

Who is Larry Ellison?

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.

When was Larry born?

He was born on August 17, 1944, in New York City, USA.

What is the Founder of Oracle’s age?

Oracle is 77 years old.

How did the Founder of Oracle start Oracle Corporation?

They co-founded Oracle Corporation in 1977 with Bob Miner and Ed Oates. The company began as a consulting firm focused on building databases for the U.S. Central Intelligence Agency (CIA).

What is Larry Ellison’s role at Oracle Corporation?

He 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.

Has the Founder of Oracle won any awards for his business accomplishments?

Larry has received numerous awards and honours for his business achievements, including the Entrepreneur of the Year Award from the Harvard Business School and the Excellence in Corporate Governance Award from the National Association of Corporate Directors.

What other companies have Business Magnate invested in?

He has invested in various companies, including Salesforce, Tesla, and Snap.

What is Larry Ellison’s net worth?

His net worth is estimated at around $118.8 billion.

Does the Founder of Oracle have any children?

Yes, He has two children, David Ellison and Megan Ellison, who are involved in the film industry.

What is the Founder of Oracle’s involvement in philanthropy?

He 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 to donate most of his wealth to charity.

What is Larry Ellison’s passion outside of business?

He is known for his passion for yachting and has participated in numerous sailing races and competitions.

Is the Founder of Oracle married?

He is not currently married. He has been married and divorced four times.

Where does the Founder of Oracle live?

He has multiple homes, including a mansion in Woodside, California, and a Hawaiian island named Lanai, which he owns.

What is Ellison’s leadership style?

He 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.

What is Larry Ellison’s educational background?

He attended the University of Illinois at Urbana-Champaign and the University of Chicago but dropped out of college before completing his degree.

ncG1vNJzZmivp6x7uLHBqJ2boZ9jsLC5jqWYq6qpYrKtuMispqdn