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Larry Ellison Bio, Age, Wife, Girlfriend, Children, House, Yacht & Net Worth

Larry Ellison is a businessman & an avid investor who founded Oracle Corporation and served as its co-founder, chairman, CTO (chief technology officer), and previous CEO (chief executive officer). Larry is one of the most interesting tech billionaires with investments in various other tech giants like Tesla and a real estate portfolio of over $1 billion.

Larry is the ninth-richest person in the United States as well as the tenth-wealthiest man on the planet, according to Bloomberg Billionaires Index, as of February 2022. He also owns Lanai, a Hawaiian Island, which is also the 43rd largest (in land area)  island within the United States. He also owns many yacht & private jets which costs millions.

Larry Ellison

Larry Ellison

Larry Ellison Bio/Wiki

Birth NameLawrence Joseph Ellison
Nick NameLarry
Age77 years old (as in 2022)
ReligionJudaism
Sun Sign/Zodiac SignLeo
Birth PlaceThe Bronx, New York, United States
Date of BirthAugust 17, 1944
NationalityAmerican
ResidencePalm Beach, Florida
Home TownThe Bronx, New York, United States
HobbiesExtreme Sports such as Car racing, Yacht Racing & more

Family

Mother's NameLillian Ellison
Father's NameLouis Ellison
BrotherBob Miner

Girlfriends/Affairs

Affairs/GirlfriendsAdda Quinn
Nancy Wheeler Jenkins
Barbara Boothe
Julie Hayek
Allison Giannini
Melanie Craft
Nikita Kahn

Larry Ellison's former girlfriend Julie Hayek

Larry Ellison's former girlfriend Julie Hayek



Larry Ellison's former girlfriend Allison Giannini

Larry Ellison's former girlfriend Allison Giannini


Larry Ellison girlfriend Nikita Kahn

Larry Ellison girlfriend Nikita Kahn

Marital Status, Wife and Children

Wife/SpouseAdda Quinn (1967–1974)
Nancy Wheeler Jenkins (1977–1978)
Barbara Boothe (1983–1986)
Melanie Craft (2003–2010)

Larry Ellison former wife Barbara Boothe

Larry Ellison former wife Barbara Boothe



Larry Ellison former wife Melanie Craft

Larry Ellison former wife Melanie Craft

Marriage Date18 December 2003 (Melanie Craft)
ChildrenDavid Ellison (with Barbara Boothe)
Megan Ellison (with Barbara Boothe)

Larry Ellison with daughter Megan Ellison and son David Ellison

Larry Ellison with daughter Megan Ellison and son David Ellison

Education

SchoolSouth Shore High School
Eugene Field Elementary School Park Ridge
College/UniversityUniversity of Illinois
University of Chicago
Educational QualificationPremed (drop-out) from University of Illinois
One term in Physics and Maths at University of Chicago
ProfessionChairman and CTO of Oracle Corporation

Height, Weight, and Figure Measurements

Height (Approx.)in Centimeter - 191 cm
in Meter - 1.91 m
in Feet & Inches - 6'3"
Weight (Approx.)in Kilogram - 85 kg
in Pounds - 187 lbs

Figure Measurements

Chest Size40 inches
Biceps Size15 inches
Waist Size35 inches

Extra Ordinary Features

Race / EthnicityItalian
Hair ColorSalt and Pepper
Eye ColorHazel
S*xual OrientationStraight
Dress SizeNot Available
Shoe Size10 (US)

Favourite Things

Favourite FoodItalian sandwich
Favourite BookThe Fountainhead
Favourite ColorsRed
Favourite SportYacht Racing
Body Surfing
Mountain Riding

Early Life

Larry was born to an unmarried Jewish mother in New York City. His biological father served in the US Army Air Corps as an Italian-American pilot. Ellison’s mother handed him to his grandaunt and granduncle for adoption when he suffered pneumonia when he was nine months old. Ellison relocated to South Shore in Chicago, a predominantly middle-class area at the time. Ellison studied South Shore High School before enrolling as a premed student at the University of Illinois in Urbana–Champaign. He was chosen best science student of that year at university. After his second year, he dropped out without completing final examinations since his adopted mother had recently died.

He studied mathematics and physics at the University of Chicago for one term after vacationing in 1966 in California.  He didn’t take any tests, but it was there that he first met computer design. He came to Berkeley, California, in 1966, when he was 22 years old.

Larry Ellison Net Worth

Larry Ellison has an estimated net worth of approximately $104 billion as of 2022.

Estimated Net Worth in 2022 (Approx)$104 Billion
Estimated Net Worth in 2021 (Approx)$91 Billion
Annual Salary$67 Million
Income SourceCTO & Founder of Oracle
Stake at Oracle
Shareholding in Tesla
Other Investments

Larry founded Oracle Corporation and has a 35 percent stake in the company. He is also the second-largest shareholder at Tesla after Elon Musk. Ellison has a real estate portfolio of over a billion with homes all across the United States.

Larry Ellison House

Property

Estimated

Silicon Valley home, Woodside, California$200 million

Ellison's estate in Woodside, California

Ellison's estate in Woodside, California

San Francisco, California$20 million

Ellison's San Francisco home

Ellison's San Francisco home

Lake Tahoe, California$35.8 million
Ellison's home in Carbon Beach, Malibu

Ellison's home in Carbon Beach, Malibu

Carbon Beach Home, Malibu, California$48 million
Porcupine Creek estate, Rancho Mirage, California$43 million

Ellison's Porcupine Creek estate

Ellison's Porcupine Creek estate

98% of Lanai island , Hawaii$500 million

Lanai island

Lanai island

Beechwood Mansion, Newport, Rhode Island$100 million

Beechwood Mansion

Beechwood Mansion

Palm Beach estate, Florida$80 million

Ellison's Palm Beach estate

Ellison's Palm Beach estate



Ellison's Palm Beach estate

Ellison's Palm Beach estate

Larry Ellison Yacht, Jet & Car Collection

Yacht

Estimated

Sayonara racing yacht$10 million
Larry sailing his Sayonara racing yacht

Larry sailing his Sayonara racing yacht

Musashi yacht$160 million
Musashi yacht

Musashi yacht

Jet

Estimated

Gulfstream V Private Jet$61.5 million
Gulfstream V Private Jet

Gulfstream V Private Jet

Citation X aircraft

$ 21.5 million
Citation X aircraft

Citation X aircraft

Car

Estimated

McLaren F1$20 million
McLaren F1

McLaren F1

Audi R8$208,000
Audi R8

Audi R8

Lexus LFA$630,000
Lexus LFA

Lexus LFA

Acura NSX$169,500
Acura NSX

Acura NSX

Career

Early Career

  • After attending a semester at University of Chicago, Larry Ellison moved to California and worked as some software engeneeres & computer programmer for a number of organisations for the following many years.
  • He began working at the electronics firm Ampex in 1973, when he met colleague developer Ed Oates and also was mentored by Bob Miner.
  • In 1976, Ellison left Ampex to become vice president of R&D at Omex (previously known as Precision Instruments).

Software Development Laboratories (SDL)

  • In 1977, Ellison, Miner, and Oates formed Software Development Laboratories, a company that did contract software & programming for other businesses. SDL needed to do more, according to Ellison.
  • Their strategy, which organised huge amounts of data in a manner that enables ease of storage and fast retrieval, was motivated by a research study written by British-born research scientist Edgar Codd, who highlighted a relational database system.
  • Larry Ellison and his workmates saw potential value in the methodology. Miner,  Ellison, and Oates set out to create and commercialize a data-management tool based on Codd’s idea.
  • They were given a contract by the CIA to construct a database, and they decided to work on a commercialized relational database programme.
  • Oracle, the first commercial relational database application for using Structured Query Language (SQL), was introduced in 1979 by the business (now known as Relational Software, Inc.), as well as the powerful database tool immediately became widespread.

Oracle

  • The firm, which was rebranded Oracle Systems Corporation in 1982 just after flagship model, grew quickly during the 1980s, eventually going public in 1986. Oracle surpassed IBM as the nation’s biggest database management firm in 1987.
  • In 1990, meanwhile, an internal audit undertaken in response to a shareholder complaint showed that Oracle had exaggerated its earnings, causing the company’s stock to plummet.
  • Oracle’s management was reformed by Larry Ellison , and by the year  1992, the business had recovered its financial health.
  • In the mid-1990s, Ellison could see a chance to compete alongside Microsoft Corporation by creating the Network Computer (NC), a low-cost replacement to the conventional personal computer.
  • In an earlier iteration of what would later be recognized as cloud computing, it NC was not as well-equipped as a regular PC but depended upon computer servers for it’s own data and software.
  • However, due to ongoing price drops in PCs plus delays in the NC’s construction, PCs using the Windows Os remained the most popular choice among business customers’ desktops.
  • Later, Ellison acknowledged that NC was technically ahead of its time.
  • Through his early engagement of the Internet, Ellison had much more success. Oracle created solutions that have been suitable with Web technologies, allowing businesses to expand.
  • In the early 2000s, Larry Ellison launched Oracle with the goal of acquiring competing software companies. Several multibillion-dollar purchases were undertaken, including PeopleSoft in 2005, BEA in 2008, Siebel in 2006, and Sun Microsystems in 2010.
  • Ellison was among Silicon Valley’s most polarising individuals, praised for his enormous success but reviled for his harsh business practises and extravagant spending.
  • He was an ardent yachtsman who established a team in 2010 that won the coveted America’s Cup.
  • In that year, his personal wealth was believed to be worth almost $40 billion, making him the world’s sixth wealthiest person and the third wealthiest  American (after the Microsoft founder Bill Gates and legendary investor Warren Buffett).
  • Ellison resigned as Oracle’s CEO in September 2014, although he stayed connected with the firm as chairman and CTO or chief technology officer.

Tesla

  • Larry Ellison secretly spent roughly $1 billion buying 3 million Tesla shares over several months in 2018. Elon Musk and he have been pals for a long time.
  • He held 1.7 percent of Tesla at the point he disclosed his investment to the SEC. After the company’s 5-1 stock split in August 2020, his 3 million shares turned 15 million.

Facts

  • A Hawaiian island belongs to Larry Ellison, who owns 98 percent of it.
  • Larry was named The Shark, by Peninsula magazine.
  • He is an avid sailor.
  • In Iron Man, he makes a cameo as Tony Stark, played by Robert Downey Jr.
  • He joined fellow billionaires Bill Gates, Melinda Gates, and Warren Buffett in taking The Giving Pledge, Gates’ drive to urge billionaires to give away the majority of their money.
  • Ellison is a huge lover of sports cars, especially the Acura NSX, and has gifted them to workers as incentives for good performance.
  • Despite possessing over 50,000 Twitter followers, Ellison has just tweeted once since signing up for the service.
  • Larry Ellison was an inspiration to Robert Dowery Jr. while he played Tony Stark for Iron Man! Incidentally.
  • He declined to have a Bar Mitzvah despite being raised Jewish.
  • He enjoys extreme sports and also has sustained numerous injuries from such sports.
  • He once attempted to purchase an NBA team but was unsuccessful.
  • In the year 2000, he filed a lawsuit against the San Jose city.
  • Larry enlisted the help of a tree attorney to sue his neighbors over four trees.

FAQs

Why is Larry Ellison so rich?

Larry Ellison is a tech billionaire who founded software company Oracle.

How much of Tesla does Larry Ellison own?

Larry has a 1.5% stake at Tesla.

What did Larry Ellison invent?

Larry founded Oracle Corporation with Ed Oates and Bob Miner.

Who started Oracle?

Larry Elison started Oracle Corporation.

Are Bill Gates and Larry Ellison friends?

Larry Ellison and Bill Gates are arch-rivals.

Who owns the company Oracle?

Larry owns a 35 % stake at Oracle.

Who owns most of Lanai?

Larry Ellison owns 98% at Lanai, an island in Hawaii.