Larry Ellison Net Worth in 2024, Biography, Age, Career, Wife, and Children
Larry Ellison is one of the world’s most well-known and successful entrepreneurs. The Oracle founder has a reported net worth of billions, making him one of the richest men in tech history. But how did Larry get to where he is today? How many years has he been leading Oracle Corporation successfully? What other projects or activities has he been involved in throughout his career? Read on as we explore Larry’s personal life and professional achievements, giving you a comprehensive look into the man behind the empire.
Biography of Larry Ellison including his early life, education, and career
Larry Ellison was born on August 17th, 1944 in New York City to Florence Spellman. He is now 78 years old, and he is the co-founder, Chairman of the Board, and Chief Technology Officer (CTO) of Oracle Corporation. At nine months old, he was adopted by his aunt and uncle after he suffered from pneumonia. Growing up in Chicago, Larry attended South shore high school before enrolling at the University of Illinois as a premed student but dropped out after two years because of his adoptive mother’s death.
Larry Ellison then moved to Berkeley, California where he took a job as a programmer for technology giant Ampex Corporation in 1972. This is when his interest in computers and databases began; Larry was able to hone his skills and learn more about the potential of computing power. In 1977, Larry founded Software Development Laboratories (SDL) which was later renamed Oracle Systems Corporation in 1983.
At Oracle, Larry worked as a CEO for over three decades until he stepped down in 2014. During this period, Ellison’s commitment to innovation led him to develop new software and products that would help business owners manage their data more effectively. He also pioneered various cloud computing services which revolutionized the way businesses store and access data.
In addition to his accomplishments at Oracle, Larry has also been involved in a number of other ventures and projects over the years. He is a philanthropist, having donated millions of dollars to charities including The Ellison Medical Foundation which focuses on aging research. He’s also an investor and owns several properties around the world.
Larry Ellison net worth in 2024
As of 2024, Larry Ellison’s net worth is estimated to be around $150 billion. This makes him one of the wealthiest people in tech history and one of the top ten richest people in the world. He has accumulated his wealth through various business ventures, investments, and stock options. His success with Oracle Corporation and other investments has led to a permanent spot on the Forbes list of billionaires. He has made it his mission to continue investing and innovating throughout the years, so his net worth is likely to continue growing over time.
Explain how he achieved such a high net worth in 2024
His vast fortune is the result of many different sources, including his large stake in his own company. Ellison owns about 42% shares of Oracle, making him one of the largest individual shareholders. But his portfolio doesn’t stop there: he also owns stakes in tech companies like Tesla, Salesforce, and NetSuite. In addition to Oracle Corporation, he owns 1.5% shares of Tesla, owns multiple properties across the United States including a $200 million estate in California, and is the founder of two charities – The Lawrence J. Ellison Foundation and The Lawrence J. Ellison Institute for Transformative Medicine at USC. With such a diverse range of investments, it’s clear that Ellison’s net worth isn’t going anywhere anytime soon.
Explore Larry Ellison’s professional achievements and accolades
Larry Ellison is undoubtedly one of the most accomplished individuals in the realm of technology. As the co-founder and former CEO of software giant Oracle, he has led the company to become one of the biggest players in the industry. Ellison’s in-depth knowledge of computer systems and his knack for innovation has translated into numerous achievements and accolades, such as Forbes’ list of billionaires and TIME Magazine’s list of 100 most influential people. Beyond his work, Ellison is also known for his philanthropic endeavors, having donated generously to medical research and education. All in all, his success story serves as an inspiration to many in the tech world.
Larry Ellison’s Wife and children
Larry Ellison has gone through four marriages. His first marriage was to Adda Quinn in 1967, and the two divorced in 1974. He then married Nancy Wheeler Jenkins from 1977-1978, Barbara Boothe (1983-1986), and Melanie Craft (2003-2010). Currently, Ellison has been single since 2010. From his marriage with Barbara Boothe, he also has two children named David and Megan.
Larry Ellison has continually been an inspiring figure in the sports industry. His evolution from a promising software entrepreneur to one of the wealthiest and most successful tech CEOs is truly remarkable. Throughout his long career, Ellison has safeguarded hundreds of millions and billions of dollars, which have helped him accumulate immense wealth over time. We can also appreciate his unique approach to life which combines business savvy with a few hobbies outside the corporate world. With no signs of slowing down, it’s likely that Larry Ellison will continue to add to his net worth in the coming years as he continues his admirable accomplishments. As we celebrate Larry’s success story, we should remain inspired by how far determination and hard work can take us in life.