Net Worth of Larry Ellison mostly comes from his stake in Oracle. Larry Ellison ranked as the seventh richest person in the United States and the 8th richest person in the world. As of 2022, the net worth of Larry Ellison is
107.4 billion USD
Who is Larry Ellison
Lawrence Joseph Ellison was born on August 17, 1944. He is an American businessman and investor. Larry Ellison is the co-founder, chairman, chief technology officer, and former CEO of Oracle Corporation. He is also the owner of Lanai Island in the Hawaiian Islands, which is the 43rd largest island in the United States.
Early Life of Larry Ellison
Larry Ellison was born in New York, United States. He was born to an unwed mother. His mother gave him to her aunt for adoption when Larry was nine months of age.
Interesting Fact
Larry Ellison did not meet his real mother until he was 48
Larry Ellison attended Chicago’s South Shore High School and then enrolled at the University of Illinois at Urbana-Champaign. At the university, he was named Science Student of the Year. He dropped out of his sophomore year because his adoptive mother died and he left without taking his final exams. In 1966, at the age of 22, he moved to Berkeley, California.
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Oracle
While at Ampex in the early 1970s, he was influenced by Edgar F. Codd‘s work on relational database design at IBM. The result is a company that later became Oracle in 1977. Oracle became a successful database vendor for low-end systems and later competed with Sybase in 1989, This ranked Larry Ellison as one of Forbes’ wealthiest people list.
Net Worth of Larry Ellison
According to Forbes, as of 2021, the net worth of Larry Ellison is 125.6 billion USD. He is also known for his philanthropy and has pledged to donate 95% of his wealth through a personal trust. Like Bill Gates and Warren Buffett, he has joined the Giving Pledge.
Also Read: Net Worth of Jeff Bezos
Companies Owned by Oracle
Oracle is a global leader in IT and software solutions. The following companies are owned by Oracle.
Acme Packet
BEA Systems
Hyperion Corporation
MICROS Systems
NET Suite
People Soft
Siebel System
Sun MicroSystems
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