larry ellison net worth

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larry ellison net worth 110.8 billion USD. Lawrence Joseph Ellison is an American business magnate and investor who is the co-founder, executive chairman, chief technology officer and former chief executive officer of Oracle Corporation.

larry ellison net worth
larry ellison net worth

larry ellison Biography

Birth Name Lawrence Joseph Ellison
Nick Name Larry
Age 77 years old (as in 2022)
Religion Judaism
Sun Sign/Zodiac Sign Leo
Birth Place The Bronx, New York, United States
Date of Birth August 17, 1944
Nationality American
Residence Palm Beach, Florida
Home Town The Bronx, New York, United States
Hobbies Extreme Sports such as Car racing, Yacht Racing & more

larry ellison net worth

Net Worth: 110.8 billion USD
Salary: $75 Million
Date of Birth: Aug 17, 1944 (77 years old)
Gender: Male
Height: 6 ft 3 in (1.91 m)
Profession: Entrepreneur, Businessperson, Investor
Nationality: United States of America

larry ellison Early Life 

Lawrence Joseph Ellison was born on the 17th of August, 1944, in New York. His biological father was an Italian-American United States Army Air Corps pilot. He did not meet his biological mother until he was 48 years old. Ellison moved to Chicago’s South Shore. His adoptive mother was a loving person. His adoptive father was distant who had chosen the name Ellison to honor his point of entry into the United States.

larry ellison Family

Mother’s Name Lillian Ellison
Father’s Name Louis Ellison
Brother Bob Miner

larry ellison Personal Life

Larry has been married four times and has a total of five children. He was married to his most-recent wife, romance novelist Melanie Craft, from 2003 to 2010. Larry’s good friend Steve Jobs served as the official wedding photographer at their ceremony. He has two children from third wife Barbara Boothe, whom he was married to from 1983 to 1986. His two children, David and Megan Ellison are film producers. To date Larry has donated at least $400 million of his personal wealth to various charities. He has also signed The Giving Pledge. Also Read Alex jones net worth bbc

larry ellison Favourite Things

Favourite Food Italian sandwich
Favourite Book The Fountainhead
Favourite Colors Red
Favourite Sport Yacht Racing
Body Surfing
Mountain Riding

larry ellison Girlfriends/Affairs

Affairs/Girlfriends Adda 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

larry ellison Introduction 

Larry Ellison is an American business magnate and investor. Ellison is the co-founder and executive chairman of Oracle Corporation. Ellison was listed by Bloomberg Billionaires Index as the ninth wealthiest person in the United States. He is also the owner of the 41st largest island in the United States. As of 2022, Larry Ellison’s net worth is estimated to be roughly 110.8 billion USD.

larry ellison Marital Status, Wife and Children

Wife/Spouse Adda 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 Date 18 December 2003 (Melanie Craft)
Children David 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

 

larry ellison Education

School South Shore High School
Eugene Field Elementary School Park Ridge
College/University University of Illinois
University of Chicago
Educational Qualification Premed (drop-out) from University of Illinois
One term in Physics and Maths at University of Chicago
Profession Chairman and CTO of Oracle Corporation

Homes and Real Estate

Larry’s real estate portfolio includes properties around the globe including homes in Hawaii, Japan, Malibu, Lake Tahoe, San Francisco, and Rhode Island. His primary residence is 45-acre estate in Woodside, California that is likely worth at least $200 million. The mansion is modeled after a 16th century Japanese estate. It spans 45-acres and features a main house, a two-bedroom guest house, three cottages, a barn converted to a gym and a 3-acre man-made lake that features two waterfalls. After the local township assessed his property at a value of $173 million and handed Ellison the tax bill, he challenged the value and won, receiving a 60% tax cut on his “$70 million” property.

Between 2004 and 2005 Larry spent $180 million to acquire 12 properties in Malibu, California. He spent $65 million on five contiguous properties on Malibu’s ultra-exclusive Carbon Beach. In 2010 he spent $10.5 million to acquire the Astor family mansion in Newport, Rhode Island. In 2011 her spent $43 million to buy the 249-acre Porcupine Creek Estate golf course in Rancho Mirage, California.

larry ellison Height, Weight

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

Tesla Investment

Over a period of months in 2018, Larry Ellison quietly spent around $1 billion to acquire 3 million shares of Tesla. He and Elon Musk are longtime friends. At the time he revealed his stake to the SEC, he owned 1.7% of Tesla. His 3 million shares became 15 million after the company did a 5-1 stock split in August 2020. At various points in 2021, those 15 million shares were worth as much as $13 billion, but on average closer to $10 billion.

larry ellison Career 

Ellison has been married four times and has five children. He was married from 1983 to 1986 to Barbara Boothe. His two children, David, and Megan Ellison, are film producers. Ellison took Oracle public in 1986. It was one day before lifelong rival Bill Gates took Microsoft public. At the time of the IPO Larry owned 39% of Oracle. By the end of the first day of trading, Oracle had a market cap of $270 million which meant that Larry ended the day with a paper net worth of $105.3 million.

In 1990, the company found itself close to bankruptcy. After losing more than 50% of its market cap, Oracle had a few months of cash left in the bank. Ellison owns 22% of Oracle and has a net worth that tops $70 billion. Ellison has pledged 315 million of his shares as collateral against lines of credit and personal debt. Since 2003 he has earned around $9 billion from Oracle stock sales and dividends.

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