Larry Ellison Net Worth

September 21, 2015

Larry Ellison net worth: American internet entrepreneur, businessman and philanthropist, Lawrence Joseph ‘Larry’ Ellison, has a net worth of $46 billion.

Larry Ellison net worth

Lawrence Joseph Ellison is an American technology tycoon, who is best known for being the CEO of “Oracle Corporation” from 1977 to 2014. During his work in Oracle, he made the corporation to new heights and also made himself one of the richest people in the whole world in 2014. A college dropout, Larry Ellison is an inspirational personality who used his technical and managerial knowledge to make his founded corporation “Oracle Corporation” to be the biggest database company in the world.

Born on August 17, 1944 in Lower East Side, Manhattan, New York, Larry was adopted by his aunt and uncle at the age of nine months. Raised in a middleclass neighborhood, Larry was a smart child. Even though he was raised in a Jewish home, he did not celebrate Bar Mitzvah.

He attended University of Illinois as well as University of Chicago but only to drop out from both the colleges. After dropping out of college, Larry went on to find himself a job in different companies and did some projects related to relational database which inspired him to establish his own company.

As his first and inspirational project was named oracle, Larry also used the same name while founding his own company “Oracle Corporation”. The company did not grow much till 1990s as there were many other database related companies like “Sybase”, but as it underwent merger with “Powersoft”, Oracle started leading the market. It grew remarkably since mid-90s and as of now, it is the biggest corporation that deals with database management in the world.

With the increasing use of internet and public use of it, Oracle has been prospering rapidly. Larry’s salary in the company began to rise and in 2007, he was compensated with more than $61 million from his company. Eventually, in 2014, Larry became world’s third wealthiest person with a total net worth of $56.2 billion.

Larry has been married four times till now, all of his marriages ending in divorces. Currently single, Larry is a father of two children. A luxurious spender, Larry like yachting and is also a licensed pilot. He owns a private jet as well as two military jets. He has eight multi-million dollar residences extending across the word. As of today, Larry has been enjoying a total net worth of $46 billion.

Quick Facts about Larry Ellison

Full Name: Lawrence Joseph Ellison

Profession: Founder of Oracle Corporation, Businessman

Ethnicity: American, Jewish

Nationality: American

Date of Birth: August 17, 1944

Place of Birth: Manhattan, New York, USA

Education: University of Chicago

Marital status: Divorced

Astrological sign: Virgo

Larry Ellison net worth: $46 billion