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 Biography
|Birth Name||Lawrence Joseph Ellison|
|Age||77 years old (as in 2022)|
|Sun Sign/Zodiac Sign||Leo|
|Birth Place||The Bronx, New York, United States|
|Date of Birth||August 17, 1944|
|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|
|Date of Birth:||Aug 17, 1944 (77 years old)|
|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|
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 Sport||Yacht Racing
larry ellison Girlfriends/Affairs
Nancy Wheeler Jenkins
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)
|Marriage Date||18 December 2003 (Melanie Craft)|
|Children||David Ellison (with Barbara Boothe)
Megan Ellison (with Barbara Boothe)
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
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.