Larry Ellison is an American entrepreneur, a philanthropist as well as a businessman who is best known for his role in Oracle Corporation. Ellison is one of the founders of Oracle Corporation. In addition to that, he currently serves as its chief technology officer as well as the executive chairman. Now let’s have a close look on Larry Ellison’s net worth in 2018.
Larry Ellison was born in 1944 0n 17th August as Lawrence Joseph Ellison. His birthplace was Manhattan, New York, the United States of America. Having been born by a single Jewish mum, he never got a chance to meet his biological dad. However, Ellison’s father was an Italian American pilot working with the United States Army Air Corps.
As if that was not enough, he got separated from his mother. He suffered from pneumonia when nine. His mother could not withstand that. Under those circumstances, his mother chose to leave her. His uncle and aunt were the people his mother left the adopting task.
He was in the second year when his adoptive mum passed on. Consequently, he left the University of Illinois at Urbana-Champaign without even sitting for his final exams. A summer later, which was spent in Northern California, he decided to continue with his studies. That is when he joined the University of Chicago. He pursued computer design for the one time that he stayed there. Therefore, Ellison despite attending two universities never graduated.
As far as his relationships are concerned, Larry has had four marriages, and they all ended in divorce. His first wife was Adda Quinn, and their marriage lasted between 1967 and 1974. Three years after the divorce, he met Nancy Wheeler Jenkins. It is while the two were together that he founded the Software Development Laboratories. The divorced in 1978 after six months of marriage.
From 1983 to 1986, Larry was married to Barbara Boothe. She once worked at the Relational Software Inc. While together; they welcomed into the world two sons namely Megan and David. Both sons are film producers and while the former works in Annapurna Pictures, the former does his job in Skydance Productions.
His last one ended in 2010. He and Melanie Craft got married in 2003 on 18th December and stayed together until in the year mentioned above.
In the 1970s, for a brief moment, Larry was an employee of Amdahl Corporation. Later, he joined Ampex Corporation. One of his projects was creating a database for the CIA and the name he gave it was Oracle. He together with two partners founded the Software Development Laboratories in 1977. IN 1979, its name changed to Relational Software Ink. In honor of his most important work which is the Oracle Database, Ellison renamed his company and called it Oracle Systems Corporation in 1982.
Upon the return of Steve Jobs at Apple Computer, Larry was made a director. That happened in 1997, and he resigned in 2002.
Besides that, he has invested in yachting, tennis, and land. He is a philanthropist as well as a pilot.
Awards & Achievements
Ellison was in the High Technology Category for the EY Entrepreneur of the Year Program named an Award Recipient.
Net Worth of Larry Ellison
Larry Ellison has an estimated net worth of more than $58 billion. His main source of income is his company known as Oracle Corporation. He is not only its founder but also the CEO. He has made around $8 million just from dividends as well as stock sales. Approximately, his salary is $75 million. His house is worth $200 million, and he also has other investments.
Larry Ellison is the great mind behind a database company by the name Oracle. As of now, he is its CEO. He is one of the top ten richest people globally coming after the likes of Bill Gates, Amancio Ortega, Carlos Helu as well as Warren Buffett.