Net Worth: $54.3 B (2015)
Fortune : Self Made
Source : Oracle
Country Of Citizenship : United States
Residence : United States
Education : University of Chicago‚ Drop Out
Date of Birth : August 17th 1944
Profession : Co-founder & CEO of Oracle Corporation
Family : Spouse(s): Adda Quinn (m. 1967
Lawrence Joseph Ellison‚ who is also popularly known as Larry Ellison‚ is an American business tycoon and the co-founder and CEO of Oracle Corporation‚ which is the leading global software enterprise. In the Forbes World top Billionaire list‚ he ranks in the 6th position with a net worth of $28 billion.
His venture‚ Oracle was started by him in 1977.
The cleverest strategy of this database titan had always been buying up the would-be competitors in the market. In the last 5 years‚ he had more than 57 acquisitions. He has bought the BEA Systems for $8.5 billion in January‚ 2008 while he is known to have invested $125 million in Web software outfit Netsuite‚ which makes him the owner of 52% stake at the company. He has also bought Sun Microsystems for $7.4 billion.
Ellison was also enlisted as the third richest American in Forbes list of billionaires. The Wall Street Journal had referred to him as the best-paid executive in the last decade. His total compensation was US $1.84 billion.
Ellison owns a 453-foot superyacht‚ Rising Sun and is a racing junkie by nature. He has won the America’s Cup in February last beating his rival Ernesto Bertarelli.
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