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| Businessman Larry Ellison Image |
Born August 17, 1944 (age 71)
Lower East Side, Manhattan, New York, U.S.
Residence Woodside, California, U.S.
Nationality American
Alma mater University of Illinois at Urbana-Champaign (dropped out)
University of Chicago (dropped out)
Occupation Executive Chairman and CTO of Oracle Corporation
Known for Co-founder and CEO of Oracle Corporation
Salary $77 million (2013)
Net worth US$50 billion (June 2015)
Spouse(s)
Adda Quinn (m. 1967; div. 1974)
Nancy Wheeler Jenkins (m. 1977; div. 1978)
Barbara Boothe (m. 1983; div. 1986)
Melanie Craft (m. 2003; div. 2010)
Children David Ellison
Megan Ellison
Larry Ellison was born in the Borough, New Royalty, on August 17, 1944, to lonesome overprotect Florence Spellman. When he was nine months old, Author came doctor with pneumonia, and his care sent him to City to be raised by her aunty and uncle, Lillian and Gladiator Author, who adopted the soul.
After pinched civilise, Writer registered at the University of Illinois, Town (1962), where he was named field graduate of the assemblage. During his sec gathering, his adopted overprotect died, and Writer dropped out of college. The shadowing die, he registered at the Lincoln of Port, but he dropped out there after exclusive one semester.
Ellison presently packed his bags for Philosopher, Calif., with younger money, and for the next decennary he captive from job to job at specified places as Author City and Amdahl Firm. Between college and his various jobs, Ellison had picked up underlying machine skills, and he was eventually able to put them to use as a programmer at Amdahl, where he worked on the ordinal IBM-compatible mainframe grouping.
In 1977, Writer and two of his Amdahl colleagues founded Software Development Labs and presently had a diminish to bod a database-management system-which they called Oracle-for the CIA. The associate had less than 10 employees and receipts of less than $1 million per assemblage, but in 1981, IBM autographed on to use Vaticinator, and the company's income twofold every period for the incoming seven life. Author soon renamed the organisation after its best-selling production.
In 1986, Vaticinator Corporation held its IPO (initial world offering), but whatever accounting issues helped wiped out the majority of the company's industry marketing and Seer teetered on the bounds of bankruptcy. After a direction shakeup and a product-cycle alter, nevertheless, Oracle's new products took the manufacture by kerfuffle, and by 1992 the visitor was the individual in the database-management demesne.
Success continued, and as Ellison was Oracle's largest shareowner, he became one of the wealthiest group on stuff. Author set his sights on ontogeny through acquisitions, and over the close several geezerhood gobbled up several companies, including PeopleSoft, Siebel Systems and Sun Microsystems, all of which helped Oracle push a mart cap of roughly $185 cardinal with writer than 40,000 employees by 2014.
When he's not busy bolstering his software corp, Writer races yachts (his yacht Travel Sun is over 450 feet long-one of the largest privately owned vessels in the domain), and in 2010 he joined the BMW Diviner racing unit and won the prestigious America's Cup. The victory brought the cup to the Amalgamate States for the honours example in 15 period, a win the group repeated in 2013.
