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“When you innovate, you’ve got to be prepared for people telling you that you are nuts”.
|Date of Birth||August 17, 1944|
|Source of Wealth||Oracle|
|Residence||Woodside, California, U.S.|
|Education||The University of Illinois at Urbana-Champaign (dropped out) The University of Chicago (dropped out)|
Larry Ellison benefited hugely from the growth of his electronic commerce business Oracle, the net profit of which increased by 76 percent in a single quarter of the year 2000 where Ellison surpassed Bill Gates and became the richest man in the world.
In 2010 he joined the BMW Oracle racing team and won the prestigious America’s Cup, which was brought to the United States for the first time in 15 years.
As a buying spree, Larry Ellison kept on acquiring computer software like PeopleSoft, Siebel Systems and Sun Microsystems becoming the world’s largest business Software Company, supplying all 100 of the Fortune Global 100, making Oracle roughly reaches $185 Billion with some 130,000 employees by 2014.
Larry Ellison was awarded the 2004 Fred D. Thompson Award of Distinction by The American Federation for Aging Research.
Larry's all-billet aluminum Cobra was built by Kirkham Motorsports after years of labor.
Larry Ellison is the proud owner of Lanai, Hawaii's sixth-largest island. The cost of this island is around half a Billion dollars.
Larry Ellison owns one of the most expensive properties in The US spending nearly $200 Million on a number of properties in US’ posh Malibu town.
As a licensed Ellison’s fleet of planes includes from fighter jets to some exotic aircraft. His Gulfstream V is priced at $41 Million.
The Oracle CEO has got holding of around 1.144 Million shares. He has got over $4.2 Billion worth of stock pledged for personal loans, which is like a drop in the bucket representing only 12 percent of his shareholdings.
Larry Ellison is school drop-out; the confident Billionaire is the highest paid CEO, having pocketed $960 Million in compensation in the past five fiscal years, mostly from exercising stock options.
Larry Ellison was first to conceive the idea of a tablet, though it failed having led to a huge loss.
Several reports claim that Larry Ellison shared a Love – Hate relationship with Bill Gates. It has also been revealed that Steve Jobs the founder of Apple, was a close friend of Ellison.
Larry Ellison is believed to have a strong influence of Japanese culture.
Larry Ellison is the proud owner of 249-acre golf course estate which he bought for $45 Million.