How much is Larry Ellison’s net worth?
| net worth: | $142.1 billion |
|---|---|
| age: | 79 |
| Birth: | 17 August, 1944 |
| gender: | Male |
| Height: | 1.91 m (6 ft 3 in) |
| country of origin: | United States of america |
| Sources of funds: | entrepreneur |
| Last Updated: | February 15, 2024 |
Introduction
Larry Ellison is an American businessman and investor.
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Ellison is the co-founder and executive chairman of Oracle Corporation.
Ellison was listed as the ninth-richest person in the United States by the Bloomberg Billionaires Index. He also owns the 41st largest island in the United States.
Larry Ellison’s net worth is estimated to be around $142.1 billion.
early life
Lawrence Joseph Ellison was born on August 17, 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.
Alison moved to live in Chicago’s South Shore. Her adoptive mother was a lovely person.
His adoptive father was a distant relative who chose his name, Allison, to honor his place of entry into the United States.
Livelihood
Ellison has been married four times and has five children.
He was married to Barbara Booth from 1983 to 1986. Two of their children, David and Megan Ellison, are film producers.
Ellison took Oracle public in 1986. This was a day before his lifelong rival Bill Gates took Microsoft public.
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Larry owned 39% of Oracle at the time of the IPO. By the end of the first day of trading, Oracle’s market cap was $270 million, which meant Larry had a paper net worth of $105.3 million at the end of the day.
The company was on the verge of bankruptcy in 1990. After losing more than 50% of its market cap, Oracle had only a few months of cash left in the bank.
Ellison owns a 22% stake in Oracle and has a net worth of over $70 billion.
Ellison has pledged his 315 million shares as collateral against loans and personal debt. Since 2003, he has earned about $9 billion from Oracle stock sales and dividends.
larry ellison net worth
Larry Ellison’s net worth is estimated to be around $142.1 billion.
Larry Ellison’s net worth has increased over time
| Year | net worth |
|---|---|
| 2009 | $27 billion |
| 2010 | $28 billion |
| 2011 | $36.5 billion |
| 2012 | $44 billion |
| 2013 | $43 billion |
| 2014 | $48 billion |
| 2015 | $54.3 billion |
| 2016 | $43.6 billion |
| 2017 | $52.2 billion |
| 2018 | $58.5 billion |
| 2019 | $62.5 billion |
| 2020 | $59 billion |
| 2021 | $93 billion |
| 2022 | $106 billion |
| 2023 | $107 billion |
| 2024 | $142.1 billion |
How does Larry Ellison spend his money?
Larry Ellison spends his money on real estate, tennis, and vacations.
Larry Ellison’s House
Ellison’s real estate portfolio includes properties around the world, including homes in Hawaii, Japan, Malibu, Lake Tahoe, San Francisco, and Rhode Island.
His main residence is a 45-acre estate in Woodside, California, which is probably worth at least $200 million. The mansion is modeled after a 16th-century Japanese estate. It spans 45 acres and consists of the main house, a two-bedroom guest house, three cottages, and a barn that has been converted into a gym.
Larry Ellison’s Other Purchases
Ellison is an avid tennis fan and owns the Indian Wells Tennis Garden in California. For many years he owned the world’s 12th largest yacht, the Rising Sun.
Larry Ellison’s Planes
Ellison has traveled around the world on a Gulfstream V. In 2013, he purchased an airline called Island Air to help bring guests to Lanai. He also owns two military fighter jets, a decommissioned Soviet MiG-29 and a SIAI-Marchetti S.211.
Highlights
Here are some of the best highlights of Larry Ellison’s career:
- Co-founder of Oracle Corporation
- Listed as the ninth-wealthiest person in the United States by the Bloomberg Billionaires Index (2021)
Favorite quotes from Larry Ellison
“What is Oracle? A lot of people. And all of our products were just ideas that came into those people’s heads – ideas that people typed into computers, tested, and turned out to be the best ideas for a database or a programming language.” – Larry Ellison
“We continue to expand our footprint… Oracle’s Fusion Cloud applications for HCM, CRM and ERP feature a new simplified user interface and an integrated social network that makes our enterprise applications as easy and familiar to use as Facebook, while enabling better collaboration and teamwork among your employees and with your customers.” – Larry Ellison
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“When I’m on Lanai I’m in two modes: In engineering mode, I’m trying to find the right location for the reservoir and desalination plant and looking at designs for the new hotel rooms. The rest of the time, I’m in decompression mode. I’m swimming at Hulopoe Beach, or on my paddleboard surrounded by 100 spinner dolphins.” – Larry Ellison
“We have a perfect location for some organic wineries on the island. But restarting commercial agriculture on Lanai is 100% dependent on increasing the water available on the island. So we’re going to use solar energy to turn seawater into fresh water.” – Larry Ellison
“It’s surreal to think that I own this beautiful island. It doesn’t seem like anybody could own Lanai. I feel like this is a truly great 21st century engineering project where I have the opportunity to work with the people of Lanai to create a prosperous and sustainable Eden in the Pacific Ocean.” – Larry Ellison
3 Life Lessons from Larry Ellison
Now that you know all about Larry Ellison’s net worth and his success; let’s look at some lessons we can learn from him:
1. Be prepared
When you do something new, you should be prepared that everyone will call you crazy.
2. Modern Cloud
We believe the modern cloud gives you the flexibility to decide when to upgrade. We don’t make the decision for you.
3. Take care of your people
Taking care of your employees is extremely important, and that’s pretty obvious.
Frequently Asked Questions
How much is Larry Ellison’s net worth?
Larry Ellison’s net worth is estimated at $142.1 billion.
How old is Larry Ellison?
Larry Ellison was born on August 17, 1944, and currently, he is 79 years old.
How tall is Larry Ellison?
Larry Ellison’s height is 1.91 m, which is equivalent to 6 feet 3 inches.
Summary
Larry Ellison is an American billionaire entrepreneur who earned his immense wealth as the founder of the software giant Oracle. He served as CEO until 2014.
He is one of the richest people in the world after giants like Jeff Bezos, Bill Gates, Warren Buffett and Bernard Arnault. At times, he has been the highest-paid executive in the world.
Larry Ellison’s net worth is estimated to be around $142.1 billion.
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Category: Net worth