BUSINESS
Though he lives in Hawaii, where he owns 98% of the island of Lānaʻi, Ellison’s influence remains firmly rooted in Silicon Valley. Known for his flamboyant lifestyle, the Oracle co-founder has a passion for yacht racing
He was abandoned as a child, struggled through school, and dropped out of college—but today, Larry Ellison stands as one of the wealthiest men on the planet. The 80-year-old tech tycoon, who started Oracle Corporation from nothing, now commands a fortune of Rs 3608487 crore, surpassing the net worth of Facebook’s Mark Zuckerberg and Europe’s richest man, Bernard Arnault. Ellison's rise to success is nothing short of remarkable, fueled recently by the explosive growth in demand for generative AI, which has added billions to his wealth. But this is only the surface of a man whose life story is as intriguing as his business triumphs.
Born Lawrence Joseph Ellison on August 17, 1944, in New York City, he faced challenges from the start. His biological mother, an unwed Jewish woman, gave him up for adoption after he contracted pneumonia as an infant. Ellison was adopted by his great aunt and uncle and grew up in Chicago's South Shore neighbourhood. While his adoptive mother was nurturing, his adoptive father was distant, a man who lost his fortune during the Great Depression. This tough upbringing fueled Ellison’s drive to make a name for himself.
Ellison dropped out of the University of Illinois after his adoptive mother passed away, later spending a brief time at the University of Chicago. It was there that he first encountered computer design, sparking the passion that would lead to the founding of Oracle in 1977. Fast forward to today, Oracle has grown into one of the largest software companies in the world, with Ellison as its chief technology officer and executive chairman.
Though he lives in Hawaii, where he owns 98% of the island of Lānaʻi, Ellison’s influence remains firmly rooted in Silicon Valley. Known for his flamboyant lifestyle, the Oracle co-founder has a passion for yacht racing, an impressive watch collection, and a history of outspokenness in the tech world. His wealth has been boosted by savvy investments in Tesla and Salesforce, among others, and he even once held a seat on Apple’s board of directors.
Ellison's legacy extends to his children as well. His son, David Ellison, is poised to take over Paramount after the merger with his own production company, Skydance Media. Through this deal, Ellison’s influence could soon spread beyond tech and into the entertainment industry.
Ellison's continued success in the tech world, coupled with his luxurious lifestyle and family legacy, makes him one of the most fascinating figures of our time with Rs 1604282 crore net worth. Despite his age, the billionaire shows no signs of slowing down. With generative AI fueling Oracle’s growth, Larry Ellison’s fortune and influence will likely continue to soar.
100 best food cities in the world 2024-25: 6 Indian cities feature on list; THIS one is in Top 10
MS Dhoni to return as CSK captain in IPL 2025? Reports claim...
Bank Holiday today: Are banks open or closed on April 5, 2025? Here's all you need to know
Chaitra Navratri Ashtami 2025: Top 10 wishes, shubh muhurat, vidhi for kanya puja and more
Man in Karnataka serves 1.5 years in jail for 'murdering' wife, she turns up alive in court
OpenAI's ChatGPT can now create fake Aadhaar and PAN cards: Will cybercrimes increase due to it?
Mukesh Ambani takes BIG step as Reliance Jio’s free JioHotstar subscription is available until...
'We do not want TikTok to go dark': Donald Trump extends deadline by 75 days
Kareena Kapoor Khan reveals her fitness and beauty secrets: 'works on my own rather....'
‘Omg she is just so smooth’: Mom-daughter duo’s dance to ‘Ramta Jogi’ takes internet by storm
Punjab constable arrested with 17.7 gms of heroin in Bathinda, dismissed from service
DNA TV Show: Kolkata's Circus Chauraha turned into 'Shaheen Bagh' over Waqf Bill protest?
LSG vs MI: Hardik Pandya creates history, becomes 1st captain in IPL to take five-wicket haul
Earthquake of magnitude 5.0 jolts Nepal, tremors felt in North India
'Co-star got excited during intimate scene, felt violated', Know in details actress and incident
'AI enthusiast job seeker writes his own OBITUARY on LinkedIn, then THIS happened...
Yunus-Modi Talks: Sheikh Hasina extradition raised as PM issues stark warning
Can BIMSTEC replace SAARC? Can India isolate Pakistan in Southeast Asia after Yunus-Modi Talks?
Digital Marketing Certification Worth It? Benefits, Career Impact, and Salary Trends in 2025
Meet Rajkot artisan, crafts 75-meter-long turban for PM Modi that weighs 25 kg, worth Rs...
Kazakhstan unearths massive rare Earth deposit of 1000000 tonnes, eyes global...
China hits back at US with additional 34 per cent tariff on American goods as trade war intensifies
What happens if you eat curd every day after lunch? Here's how your body responds
PM Modi's FIRST meeting with Muhammad Yunus after Hasina's extradition: 'There were talks on...'
Lion inside house in Gujarat leaves residents shellshocked! WATCH viral video
How your skin can reveal secrets about your dating life
'Uber for Teens' launched In India: Who is eligible; here's how to book a ride
Sunil Narine creates history, becomes first player in world to reach this milestone
India’s Digital Sovereignty: Navigating geopolitics and market realities
UP man, dancing on stage with wife on 25th wedding anniversary, collapses and dies; doctors said...
Will iPhones get costlier after Donald Trump's 'Liberation Day' tariffs? Report claims...
When Manoj Kumar got angry on Farah Khan, Shah Rukh Khan for Om Shanti Om joke
Manoj Kumar, popularly known as Bharat Kumar, famous for patriotic films, dies at 87 in Mumbai
How Ronnie Screwvala became richer than Shah Rukh Khan, Salman Khan and Aamir Khan put together
Pakistani man gives CAD 100 tip to Indian student in Canada in heartwarming video! WATCH