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Larry Ellison

Larry Ellison

L. Ellison
0.48% | + $959.26M
$199.29 B ₹ 18.38 Lk Cr
Real Time Net Worth #6 Ranking as of 16 Mar 2026 By Forbes

More on Larry Ellison

Gender

Male

Age

81Y

Country

United States

Born On

August, 1944

Deceased

No

Relationship Status

Divorced

Children

2

Education

University Of Illinois (Dropout)

Designation Info :

Self-Made

Yes

Entrepreneur Type

Self-Made (Software)

Primary Organization

Oracle

Titles

Co-Founder, Executive Chairman & CTO

Sources of Wealth

Oracle, Tesla

Industry

Software, Technology, Cloud Computing, Investments

About Larry Ellison


L awrence "Larry" Ellison is a titan of the American technology industry, best known as the co-founder of Oracle Corporation. Raised in Chicago by his adoptive parents, Ellison was a college dropout who moved to California in the 1970s and found work as a programmer. In 1977, inspired by a paper from an IBM researcher describing a relational database model, he and two partners founded Software Development Laboratories. They saw an opportunity to create a commercially viable relational database system for mid-range and low-end computer systems, a market IBM was ignoring. Renamed Oracle, their company's database software became an indispensable tool for businesses worldwide, fueling decades of incredible growth and making Ellison one of the wealthiest individuals in history.

Known for his larger-than-life personality, fierce competitiveness, and opulent lifestyle, Ellison has a profound influence that extends beyond Oracle. He served as Oracle's CEO for 37 years before transitioning to the roles of Executive Chairman and Chief Technology Officer in 2014, where he continues to drive the company's strategic shift towards cloud computing. He is an avid yachtsman, having funded multiple winning America's Cup campaigns, a licensed pilot, and a major philanthropist. His vast investment portfolio includes a significant stake in Tesla and ownership of 98% of the Hawaiian island of Lanai, which he is developing as a sustainable wellness retreat.

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Quick Reads


  • Co-founded software giant Oracle in 1977.
  • Served as Oracle's CEO for 37 years, now Executive Chairman and CTO.
  • Pioneered the commercial relational database market.
  • Owns 98% of the Hawaiian island of Lanai.
  • Is a major investor in Tesla, Inc. and formerly sat on its board.
  • An accomplished yachtsman, his Oracle Team USA has won the America's Cup.

Early Life and Background


Lawrence 'Larry' Joseph Ellison is an American businessman, the self-made billionaire Co-founder, Executive Chairman, and former CEO of Oracle Corporation (NYSE: ORCL), a global leader in enterprise database and cloud software. Born in New York City, in 1944, he was raised in a working-class environment by his aunt and uncle after his single mother gave him up for adoption.

Ellison dropped out of the University of Illinois in 1964 after his aunt's death and later dropped out of the University of Chicago after one semester. His career is defined by technological disruption, competitive ferocity, and a vision of cloud computing before the term existed. His structural contribution is immense: pioneering the commercial relational database.

  • Oracle Corporation (Executive Chairman, CTO & Co-founder): The core publicly traded asset, a global leader in database and cloud software (with a $400+ billion market capitalization).
  • Sailing and Real Estate: He is a major yachtsman (winning the America's Cup) and real estate mogul (owning 98 percent of the island of Lanai, Hawaii).
  • Academic Note: He dropped out of college twice but holds an Honorary Doctorate from USC.
  • Philanthropy: He is a Giving Pledge signatory and funds cancer research and education.

Career Journey of Larry Ellison


Larry Ellison's strategic genius was his early recognition of the relational database concept (developed by Edgar F. Codd at IBM) and his commitment to commercializing it. In 1977, he co-founded Software Development Laboratories (SDL) (later Oracle). His structural contribution is tied to pioneering the commercial database market, which is foundational to modern enterprise computing.

He served as CEO until 2014, guiding the company through immense growth and fierce competition (often with Bill Gates). His most critical recent move was the pivot to cloud computing (Oracle Cloud Infrastructure - OCI), ensuring the company's relevance in the AI era. His wealth is secured by his massive equity stake in Oracle (he is one of the richest people in the world) and his vast real estate and investment portfolio.

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Larry Ellison's Timeline


1977:

Co-founds Software Development Laboratories (SDL) (later Oracle) (Founding).

1990:

Becomes youngest SVP at D.E. Shaw & Co. (Executive Ascent).

1992:

Oracle executes its successful IPO (Financial Milestone).

2010:

Wins the America's Cup (Sports Milestone).

2012:

Purchases 98 percent of the island of Lanai, Hawaii (Real Estate Apex).

2014 (September):

Steps down as CEO, remaining Executive Chairman and CTO (Executive Transition).

Ongoing:

Continues as Founder and Chairman, guiding the global software giant (Executive Oversight).

Major Business Ventures and Investments


Larry Ellison's wealth is concentrated in his founding equity and retained stake in the publicly traded technology giant, Oracle Corporation (NYSE: ORCL), and his private assets.

  • Oracle Corporation (Executive Chairman, CTO & Co-founder): The core publicly traded asset, a global leader in database and cloud software (with a $400+ billion market capitalization).
  • Sailing and Real Estate: He is a major yachtsman (winning the America's Cup) and real estate mogul (owning 98 percent of the island of Lanai, Hawaii).
  • Academic Note: He dropped out of college twice but holds an Honorary Doctorate from USC.
  • Philanthropy: He is a Giving Pledge signatory and funds cancer research and education (e.g., the Lawrence J. Ellison Institute for Transformative Medicine).

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Philanthropy and Social Impact


Larry Ellison is a Giving Pledge signatory. His structural social impact is tied to Oracle's role in providing the foundational database technology that underpins modern enterprise management globally. His personal philanthropy focuses heavily on medical research (funding the Ellison Institute for Transformative Medicine) and biodefense.

His structural contribution is tied to his belief in technology as a force for market efficiency and his commitment to environmental protection (through his conservation efforts on Lanai).

Fashion, Style, and Lifestyle


Larry Ellison maintains the casual, high-end style of a technology mogul. His attire is often professional yet relaxed, favoring bespoke blazers and unbuttoned shirts. His aesthetic reflects his immense wealth, his competitive nature (in sailing), and his maverick persona.

Residing in Lanai, Hawaii, his luxury is the immense security and autonomy derived from his multi-billion dollar fortune (one of the richest people in the world). His life is dedicated to software innovation, space colonization (investing in SpaceX), and philanthropy.

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Quotes and Philosophy


No publicly available quotes.

Fun Facts & Trivia


  • He is the founder of Oracle and Blue Origin (from a related search).
  • He dropped out of college twice.
  • He owns 98 percent of the Hawaiian island of Lanai.
  • He is a Giving Pledge signatory and donated $200 million for the University of Southern California (USC) cancer center.
  • He purchased the cancer center (renamed for his father, Louis Ellison) in 2017.
  • He served as CEO of Oracle for 37 years.
  • His wealth is tied to the successful monetization of relational database technology.

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Sources & References


This profile is compiled from verified biographical and financial records:

  • Wealth Data: Real-time tracking and historical data from Forbes Billionaires and the Bloomberg Billionaires Index.
  • Biographical Records: Educational and career history sourced from Reuters, The Wall Street Journal, and official university alumni directories.
  • Regulatory Filings: Shareholder and executive disclosures from stock exchange databases, including HKEX, SSE, SZSE, and SEC EDGAR.
  • Corporate History: Primary data from annual company reports, founding charters, and verified press announcements.

All information is cross-referenced with public sources for accuracy; some narrative sections are AI-assisted summaries.

If you find any inaccuracies, please report them to admin@redcarpetlife.in

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