Larry Ellison is an American entrepreneur, philanthropist, and businessman who is best known as the co-founder, former CEO, and chairman of Oracle Corporation, a multinational computer technology corporation. Born on August 17, 1944, in New York City, Ellison grew up in Chicago and later moved to California.
Ellison co-founded Oracle Corporation in 1977 with Bob Miner and Ed Oates. The company initially focused on developing and selling a relational database management system (RDBMS) called Oracle Database. Under Ellison’s leadership, Oracle grew into one of the world’s largest and most influential software companies, providing a wide range of enterprise software and hardware solutions.
Ellison served as the CEO of Oracle for several decades, stepping down from the position in 2014. Throughout his tenure, he played a significant role in shaping the company’s strategy and driving its growth through acquisitions and innovations. Ellison is known for his charismatic personality, competitive nature, and outspoken views.
Apart from his involvement with Oracle, Ellison has been involved in various other business ventures. He co-founded the software company NetSuite (now a subsidiary of Oracle) in 1998 and served as its chairman until its acquisition by Oracle in 2016. He is also known for his interest in yachting and founded the sailing team Oracle Team USA, which won the America’s Cup in 2010 and 2013.
In addition to his business pursuits, Ellison is a well-known philanthropist. He has made substantial donations to various causes, including education and medical research. In 2014, he pledged to donate 95% of his wealth to charitable organizations through the Ellison Medical Foundation.
As of my knowledge cutoff in September 2021, Ellison’s net worth was estimated to be around $110 billion, making him one of the wealthiest individuals globally. However, please note that financial standings can change over time, and it’s advisable to consult the most recent sources for up-to-date information.
Larry Ellison is known for his extravagant lifestyle and various personal interests. Here are a few more notable aspects of his life:
- Real Estate: Ellison owns an impressive portfolio of real estate properties. One of his notable purchases includes a Hawaiian island called Lanai, which he acquired in 2012. He also owns multiple luxury homes, including properties in Malibu, California, and Woodside, California.
- Passion for Aviation: Ellison has a keen interest in aviation and owns several private jets. In 2019, he unveiled his own aviation company called “Sensei Air,” offering luxury travel experiences. He also participated in the development of the Oracle Challenger Series, a series of high-performance aerobatic aircraft.
- Sports Ventures: Ellison has been involved in various sports ventures. In addition to his successful sailing team, Oracle Team USA, he owned the Indian Wells Tennis Garden in California and helped revitalize the Indian Wells Masters tournament. He has also expressed interest in purchasing professional sports teams, including the Golden State Warriors basketball team.
- Competitive Nature: Ellison is known for his highly competitive personality. This trait is reflected not only in his business strategies but also in his hobbies. He has participated in numerous competitive yacht races and has even competed in the prestigious Sydney to Hobart Yacht Race.
- Philanthropy: Ellison is actively involved in philanthropy, particularly in the fields of medical research and education. Through the Ellison Medical Foundation, he has funded various scientific research projects aimed at advancing knowledge in the field of aging and age-related diseases. He has also made significant donations to educational institutions, including a $200 million gift to the University of Southern California for the establishment of the Lawrence J. Ellison Institute for Transformative Medicine.
- Personal Life: Ellison has been married and divorced multiple times. He has two children from his second marriage. Despite his high-profile lifestyle, he is known for maintaining a relatively private personal life.
It’s worth noting that some of the information provided may have changed or evolved since my knowledge cutoff in September 2021. For the most up-to-date information, it’s recommended to refer to recent news sources.
Larry Ellison is best known for his work as the co-founder, former CEO, and chairman of Oracle Corporation, a global technology company. As a leader at Oracle, Ellison played a pivotal role in shaping the company’s strategy and overseeing its growth into one of the world’s largest software companies. Under his guidance, Oracle developed and marketed the widely used Oracle Database, a relational database management system that revolutionized the field of data management.
Ellison’s work at Oracle involved not only leading the company but also driving innovation and expansion through strategic acquisitions. He oversaw numerous acquisitions that helped Oracle expand its product offerings and strengthen its position in the market. Some notable acquisitions made during his tenure include Sun Microsystems, PeopleSoft, Siebel Systems, and NetSuite.
In addition to his work at Oracle, Ellison has been involved in various other ventures. He co-founded NetSuite, a cloud computing company specializing in business management software, and served as its chairman until its acquisition by Oracle. Ellison also has interests in the fields of aviation and yachting, with his own aviation company, Sensei Air, and the successful sailing team, Oracle Team USA.
Furthermore, Ellison has demonstrated his commitment to philanthropy through the Ellison Medical Foundation, which supports scientific research projects in areas such as aging and age-related diseases. He has also made significant donations to educational institutions and causes, furthering his impact beyond the realm of business.
Throughout his career, Larry Ellison has been recognized as a prominent figure in the technology industry, known for his visionary leadership, competitive nature, and dedication to innovation. His work at Oracle has left a lasting impact on the field of enterprise software and has helped shape the way organizations manage and utilize their data.
Larry Ellison, the renowned co-founder of Oracle Corporation, is not only known for his exceptional contributions to the technology industry but also for his remarkable personal endeavors. From piloting his own aircraft to owning luxurious homes and even purchasing an entire Hawaiian island, Ellison’s extravagant lifestyle has garnered significant attention. Let’s delve into his aviation passion, sports ventures, and extravagant properties that showcase his larger-than-life persona.
- Licensed Pilot and Aviation Enthusiast:
Ellison’s love for aviation is evident through his pilot’s license and ownership of several aircraft. However, his late-night takeoffs and landings at San Jose Mineta International Airport resulted in a legal dispute with the city of San Jose. The issue revolved around the weight limits imposed on planes, but Ellison ultimately won a favorable ruling from a US District Judge.
- Sports Ventures: Tennis and Sailing:
Ellison’s sports ventures include his acquisition of the Indian Wells Tennis Garden and the prestigious Indian Wells Masters tournament. He invested a substantial sum to enhance the facilities. Additionally, his sailing team, Oracle Team USA, achieved remarkable success, winning the America’s Cup in both 2010 and 2013.
- Extravagant Properties:
Ellison’s opulent properties reflect his penchant for grandeur. His Woodside estate in California, valued at around $110 million, is designed in the style of feudal Japanese architecture and boasts a man-made lake and seismic retrofitting. Ellison’s real estate portfolio also includes multiple properties in Malibu, with his $65 million purchase on Carbon Beach setting a record for the most expensive residential transaction in the United States at the time.
- Island Ownership: Lanai, Hawaii:
In 2012, Ellison made headlines when he purchased approximately 98% of Lanai, the sixth-largest island in Hawaii, from the Castle & Cooke company. This acquisition further solidified his reputation for extravagance and demonstrated his ambition beyond traditional investments.
- Relocation and New Acquisitions:
In December 2020, Ellison made a significant move by leaving California and relocating to Lanai, Hawaii, the island he now owns. In 2022, he added to his real estate portfolio by purchasing a 22-acre property in Manalapan, Florida, for a staggering $173 million, marking the most expensive residential property purchase in Florida history.
Conclusion:
Larry Ellison’s work and personal ventures exemplify a lifestyle of opulence and ambition. As a tech titan, licensed pilot, sports enthusiast, and owner of extravagant properties, he continues to captivate the public’s imagination. Ellison’s remarkable journey showcases his ability to push boundaries, both in the technology sector and in his personal pursuits, leaving an indelible mark on the realms of business, aviation, and luxury living.
