Larry Ellison “Larry” Joseph Ellison is an American businessman, philanthropist, and co-founder of Oracle Corporation. Larry Ellison is also the executive chairman and chief technology officer.
According to Forbes magazine, he is the fifth wealthiest person in the United States and the eighth wealthiest person in the world as of January 2018.
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What is the Net worth of Larry Ellison?
Larry Ellison is a billionaire American entrepreneur with a net worth of $58 billion.
Quick Facts About Larry Ellison:
Full Name | Larry Ellison |
Net Worth | $58 Billion |
Salary | $80 Million |
Date Of Birth | August 17, 1944 |
Place Of Birth | Manhattan, New York City, New York, United States |
Height | 6 ft 3 in (1.91 m) |
Profession | Entrepreneur, Businessperson, Investor, Executive Chairman, CTO of Oracle Corporation |
Education | The University of Illinois at Urbana–Champaign, University of Chicago |
Nationality | American |
Spouse | Adda Quinn (1967-1974), Nancy Wheeler Jenkins (1977-1978), Barbara Boothe (1983-1986) |
Children | Megan Ellison, David Ellison |
Parents | Florence Spellman, Louis Ellison, Lillian Ellison |
Nicknames | Lawrence Joseph Ellison, Lawrence Joseph “Larry” Ellison |
Awards | Fred D. Thompson Award of Distinction (2004, AFAR), Entrepreneur of the Year (Harvard Business School, 1990), Science Applications International Corporation Information Technology Leadership Award (Smithsonian Institution, 1994) |
Movies | “Iron Man 2” (2010), Steve Jobs: Visionary Entrepreneur (2013, documentary), The Triumph of the Nerds: The Rise of Accidental Empires (1996), Bloomberg Game Changers (2010), The Wind Gods (2013), Silicon Valley: A 100 Year Renaissance (1998), The Nineties (2017), America’s Book of Secrets (2014) |
TV Shows | Charlie Rose (2011-2013), Breakfast (2010), |
Larry Ellison Mansion, House, and Car Collection
In Silicon Valley, Ellison owns a $200 million mansion. The mansion is based on a Japanese estate from the 16th century.
It includes the main house, a two-bedroom guest house, three cottages, a barn turned into a gym, a man-made lake, and two waterfalls on 45 acres.
After the local municipality assessed his property at $173 million and issued him a tax bill, Ellison challenged the value and won, obtaining a 60% tax reduction on his “$70 million” property.
His $70 million mansions in Woodside, Calif., is modeled after a 16th-century Japanese emperor’s palace.
It took nine years to plan and construct the 23-acre estate, which was completed in 2004.
His $70 million mansions in Woodside, Calif., is modeled after a 16th-century Japanese emperor’s palace.
It took nine years to plan and construct the 23-acre estate, which was completed in 2004.
He also has a historic garden mansion in Kyoto, Japan, that was reportedly offered for $86 million but for which he paid an undisclosed amount.
He also has a historic garden mansion in Kyoto, Japan, that was reportedly offered for $86 million but for which he paid an undisclosed amount.
Ellison owns a total of two dozen houses in Malibu, California, including ten on the affluent Carbon Beach.
In 2012, he paid $18 million for the property of former Yahoo CEO Terry Semel, and in 2013, he paid $18 million for the mansion of filmmaker Jerry Bruckheimer.
This summer, one of his Malibu houses, a 2,800-square-foot seaside villa, is for rent for $65,000 per month.
In 2007, he paid $6.9 million for the Malibu Racquet Club.
Since the purchase, the facilities have vastly enhanced, and tennis stars Victoria Azarenka and Serena Williams have visited.
At July 2014, this 2.5-acre property near Snug Harbor, one of three lots owned by Ellison in Lake Tahoe, sold for $20.35 million.
He’s said to be working on a new house that will be three times the size of this one, with 18,000 square feet of living area, an island, waterfalls, and a tennis court.
At July 2014, this 2.5-acre property near Snug Harbor, one of three lots owned by Ellison in Lake Tahoe, sold for $20.35 million.
He’s said to be working on a new house that will be three times the size of this one, with 18,000 square feet of living area, an island, waterfalls, and a tennis court.
In February 2014, Ellison reportedly paid $41 million for 21 additional residential properties near the Four Seasons Resorts Lanai at Manele Bay.
FAQ about Larry Ellison:
Why is Larry Ellison so rich?
The great majority of Ellison’s fortune comes from his Oracle shares, which have increased by nearly $44 billion this year thanks to a 59 percent increase in the company’s stock price.
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What did Larry Ellison invent?
Takeaways from the relational database Larry Ellison is the founder of Oracle, the software behemoth that pioneered the commercialization of the relational database.
Oracle became the world’s largest seller of database software and the world’s second-largest supplier of business applications under his leadership.