Larry Ellison's Net Worth as of December 2024 is $143.9 Billion
Quick Facts of Larry Ellison
Net Worth | $143.9 Billion |
Salary | Not Known |
Height | 6 ft 3 in |
Date of Birth | 17 August, 1944 |
Profession | Entrepreneurs |
Social Media |
Larry Ellison is an American businessman and entrepreneur who is the cofounder of the software company Oracle Corporation. He was also the CEO of the company from 1977 to 2014.
How did Larry Ellison become rich?
Larry Ellison’s company grew graduallly till 1992 and after that his company released Oracle 7, it dominated the market and Larry became a billionaire.
Biography, Age, Education
Larry Ellison was born on the 17th of August, 1944, in The Bronx, New York, United States. His full name is Lawrence Joseph Ellison.
His mother, Florence Spellman, raised him by herself when she was 19 years old. After he got pneumonia when he was 9 months old, she sent him to live with her aunt and uncle, Lillian and Louis Ellison, in Chicago. They took him in as their own child.
He went to the University of Illinois in Urbana-Champaign in 1962 but dropped out soon after Lillian died in 1964. He was very close to his adoptive mother but had a hard time with Louis, who often told him he would never do anything in life. In 1966, Larry went to the University of Chicago for a short time.
Career
Larry worked for companies like Amdahl Corporation, Wells Fargo, and Ampex Corporation before he and two other friends started Software Development Laboratories (SDL) in 1977.
In 1979, SDL changed its name to Relational Software Inc., but in 1982, it changed its name again to Oracle Systems Corporation to honor the Oracle Database, which was its most popular product.
In the years that followed, Oracle Systems Corporation had a lot of success, but it was sometimes close to going out of business because of bad decisions or too much ambition.
Larry Ellison became one of the richest people in the world and a driving force in the tech world as he continued to do well in business.
How much of Tesla does Larry Ellison own?
Larry Ellison owns 15 million shares of Tesla which is an electric vehicle company founded by Elon Musk. Larry is the second-largest individual share holder after Elon Musk.
Larry Ellison’s Height and Weight
Larry Ellison has a height of 6 feet 3 inches (1.91 m) and weighs 85 kg (187 lbs). His hair and eyes are both dark brown in color.
Who is Larry’s Spouse, Wife, or Girlfriend?
Larry has been married four times.
His first marriage to Adda Quinn in 1967 lasted for seven years before ending in 1974.
His next marriage, which was to Nancy Wheeler Jenkins, lasted just a year, from 1977 to 1978.
Ellison then got married to Barbara Boothe, who used to work as a receptionist at Relational Software Inc., in 1983. He famously presented her with an 11-page prenuptial agreement just before the wedding ceremony, which almost resulted in the ceremony being called off.
The pair, however, went ahead to get married and welcomed two children; David and Megan Ellison, before divorcing three years later in 1986.
After that, Larry married romance novelist Melanie Craft in 2003. The couple divorced in 2010.
Currently he is dating actress and model Nikita Kahn.
Larry Ellison’s Net Worth
Larry currently has an estimated net worth of $143.9 billion.
He is further involved with other companies such as the wellness startup called Sensei, which is looking to begin hydroponic farming on the Hawaiian island Lanai.
Larry is a licensed pilot and owns several airplanes, including two military jets, one of which the US government has refused to grant him permission to import.
He owns the Hawaii island of Lanai, which he bought in 2012.
Top 5 Quotes of Larry Ellison
- “Life’s a journey. It’s a journey about discovering limits.”
- “I believe people have to follow their dreams—I did.”
- “Great achievers are driven, not so much by the pursuit of success, but by the fear of failure.”
- “When you innovate, you’ve got to be prepared for people telling you that you are nuts.”
- “You have to act and act now.”
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