Larry Ellison Net Worth and Biography are our focus today. Lawrence Joseph Ellison is an American business tycoon and investor who is a co-founder, executive chairman, and chief technology officer (CTO) of Oracle Corporation.
However, after spending 37 years in the company, he finally gave up his position and retired. Nonetheless, he still holds his shares in the company. So, continue to read through to learn all that you can about him.
Larry Ellison Net Worth and Biography
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Full Name: Lawrence Joseph Ellison
Born on: 17th August 1944
Born in: New York City, United States
Marital status: Divorced
Occupation: Co-Founder and CEO of Oracle Corporation
Net Worth: $104 Billion
For starters, Lawrence Joseph Ellison was born on the 17th of August 1944 in Manhattan New York City, United States. He was born to an unwedded Jewish mother and his father was an Italian-American pilot who worked with the United States Army Air Corps.
While growing up, he was separated from his mother as she gave him to her aunt and uncle for adoption, and at nine months old he suffered from pneumonia.
He was soon adopted and lived with his adoptive parents. His adoptive mother was homely and receptive but his adoptive father was not.
Talking about Ellison’s education, he attended South Shore High School in Chicago and upon his graduation, he gained admission into the University of Illinois at Urbana–Champaign and was enrolled as a premed student. During his time in Illinois, he was named science student of the year.
However, he later withdrew without taking his final exams after his sophomore year, the reason being that his adoptive mother had just passed away.
After the summer of 1966, he attended the University of Chicago for just a single term, studying physics and mathematics. It was during his time in Chicago that he first encountered computer design.
As we continue to discuss Larry Ellison Net Worth and Biography, we are interested to know exactly how much he is worth. Especially now that he is no longer working at Oracle.
Larry Ellison Net worth is estimated at $100.6 billion. The Founder and CEO of the world’s largest business software company are among the billionaires in the world. his net worth comes from Oracle although he is retired.
However, since stepping aside from Oracle, Ellison has invested in quite a handful of businesses including purchasing $3 million in Tesla shares earlier that year which makes him become one of Tesla’s board members in 2018.
Larry Ellison Personal Life
Larry Ellison Net Worth and Biography further bring us to discuss his personal life where we look into his relationships and get to know his marital status.
As far as we know, Ellison has had four marriages all of which ended in divorce. So, at the moment, he is a divorcee. His first marriage was to Adda Quinn and it was between 1967 to 1974. Three years later, he met Nancy Wheeler Jenkins, however, the couple divorced just 6 months after they got married.
1983 came and Ellison got married to Barbara Boothe. The couple was blessed with two kids, Megan and David. The marriage eventually ended in 1986.
He remained single up until 2003 when he married Melanie Craft, but like the three other marriages, 2010 saw the end of the two living together as a couple as they went their separate ways.
Larry Ellison Career
Larry Ellison career began when he worked at Amdahl Corporation. He later joined Ampex Corporation. Among the numerous project, he carried out was creating a database for the CIA named Oracle.
This was the beginning of his hallmark. And together with two partners, the trio founded the software development Laboratories in 1977.
In 1982, Ellison changed the company’s name to Oracle Systems Corporations to honor his most important work.
Fast forward, Ellison became a director at Apple Computer upon the return of Steve Jobs in 1997, but he retired in 2002.
Aside from his role in Oracle systems corporation, Ellison is a huge investor who has invested in other ventures which include yachting, tennis, and real estate.
Larry Ellison Cars
Ellison also has a lot of cars, luxury cars that are worth a fortune, and his car collection is quite impressive. His cars include Audi R8, McLaren F1, Acura NSX, and a Lexus LFA.
In addition to his car collection, he also owns a Citation X aircraft, Gulfstream v Private Jet, and a Masashi Yacht
Larry Ellison House
Ellison’s house where he lives is in Silicon Valley and it is worth $200 million making it amongst the Top Most Expensive Houses in the World. The beautiful edifice is modeled after a 16th-century Japanese estate and it covers 45 acres.
The house features a main house, a two-bedroom guest house, three cottages, a barn converted to a gym and a man-made lake, and two waterfalls.
Also, Ellison has a home in Woodside, California and it is modeled after a 16th-century Japanese emperor’s palace. The house is valued at an estimated $70 million. The estate covers 23 acres and it took nine years to design and build, completed in 2004.
In addition, Ellison owns a larger portion of properties in Malibu, California including 10 billionaire-packed Carbon Beach, among a host of many other properties he owns.