Larry Ellison Net Worth

Larry Ellison Net Worth

Net Worth: $52.9 Billion
Source of wealth:

Oracle

Full Name Lawrence Joseph Ellison
Birth Place Lower East Side, Manhattan, New York
Date of Birth Aug 17, 1944 (age 72)
Nationality American
Ethnicity Italian, Jewish
Occupation Businessman, Philanthropist
Height 6'3'' (1.91 m)
Weight
Marital Status Divorced (Melanie Craft)
Children 2 (David Ellison, Megan Ellison)
Education Univ. of Chicago, Univ. of Illinois (dropped out)
Hobbies Sailing
Last Updated
Mar 5, 2017
Rank
#7

About Lawrence Joseph Ellison

American programmer, internet entrepreneur, adventurer, businessman and philanthropist, Lawrence Joseph “Larry” Ellison has an estimated net worth of $52.9 billion, making him the 7th richest person on the planet. Born in Lower East Side, Manhattan, New York on August 17, 1944. He began his career as a programmer at Ampex Corporation where he created databases for the CIA in the 1970s. In 1977, he co-founded Software Development Laboratories (SDL) which eventually transitioned to Oracle Systems Corporation following its flagship product the Oracle Database. In 1997, Ellison was appointed as a director of Apple Computer but resigned five years later to focus solely on Oracle whose revenues in 2014 grew to $38.3 billion. Ellison made headlines with his unexpected abdication of the CEO position at Oracle in 2014. However he still remains Oracle’s chairman and chief technology officer to these days. In 2015, he was Forbes’ third-wealthiest man in America and the fifth-wealthiest person in the world. So far, the influential billionaire has given away 1 percent of his revenue to charitable causes. He is also a successful sailor having been made the main backer of America’s Cup winner Oracle Team USA. In 2010, he made a brief appearance in the Iron Man 2 movie. He has married four times and has two children.

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