Lawrence Joseph Ellison, co-founder, executive chairman, chief technology officer, and former chief executive officer of Oracle Corporation, is an American business magnate and investor.
Larry Ellison was born to an unmarried Jewish mother in New York City. His real dad served in the United States Army Air Corps as an Italian-American pilot.
Ellison was given up for adoption by his mother when he caught pneumonia at the age of nine months. He didn’t see his biological mother until he was 48 years old.
Ellison relocated to the South Shore of Chicago, which was then a middle-class neighborhood.
In contrast to his austere, unsupportive, and frequently aloof adoptive father, who chose the name Ellison to honor his point of entry into the United States, Ellis Island, he remembers his adoptive mother as warm and affectionate.
Louis Ellison was a federal employee who amassed a little fortune in Chicago real estate before losing it all during the Great Depression.
He was influenced by Edgar F. Codd’s research on relational database design for IBM while working at Ampex in the early 1970s.
This resulted in the foundation of the firm that would later become Oracle in 1977.
Oracle became a popular database vendor for mid- and low-end systems, eventually competing with Sybase (founded in 1984) and Microsoft SQL Server (a port of Sybase launched in 1989), earning Ellison a spot on Forbes’ list of the world’s wealthiest people.
Is Larry Ellison Rich?
Larry Ellison is a very rich businessman. He is the ninth-wealthiest person in the United States and the tenth-wealthiest person in the world, according to Bloomberg Billionaires Index, as of April 2022.
What Is Larry Ellison’s Net Worth?
Larry has a net worth of $103 billion in 2022.
