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What is Larry Ellison’s net worth?
| Net Worth: | $89 Billion |
|---|---|
| Age: | 76 |
| Date of Birth: | August 17, 1944 |
| Country of Origin: | United States |
| Profession: | Entrepreneur |
| Updated: | 2022 |
Larry Ellison is a business entrepreneur and investor from the United States.
Oracle Corporation’s co-founder and executive chairman is Larry Ellison. According to the Bloomberg Billionaires Index, Ellison is the ninth richest person in the United States. He is also the owner of the United States’ 41st largest island.
Larry Ellison’s net worth is expected to be over $91 billion in 2022.
Formative Years
Lawrence Joseph Ellison was born in New York on August 17, 1944. His biological father served in the United States Army Air Corps as an Italian-American pilot. It wasn’t until he was 48 years old that he met his biological mother.
Ellison relocated to the South Side of Chicago. His adoptive mother was a warm and caring individual. His adopted father, who had chosen the name Ellison to mark his point of entry into the United States, was a distant relative.
Ellison has five children and has been married four times. Barbara Boothe was his wife from 1983 till 1986. David and Megan Ellison, his two children, are both film producers.
Larry Ellison Career
In 1986, Larry Ellison took Oracle public. It was one day before Bill Gates, a long-time rival, took Microsoft public. Larry held 39 percent of Oracle at the time of the IPO. Oracle had a market capitalization of $270 million by the end of the first day of trade, giving Larry a paper net worth of $105.3 million.
Memorable Moments
- Oracle Corporation was co-founded by him.
- Bloomberg Billionaires Index ranked him as the ninth wealthiest person in the United States in 202
In Conclusion
Larry Ellison is a multibillionaire American businessman who built his fortune as the creator of the software firm Oracle. Until 2014, he was the CEO of the company.
Behind tycoons like Jeff Bezos, Bill Gates, Warren Buffett, and Bernard Arnault, he is one of the world’s wealthiest people. He has held the title of the world’s highest-paid executive on several occasions.
Larry Ellison’s net worth is expected to be over $91 billion in 2022.
