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About Larry Ellison Net Worth
Larry Ellison is an American businessperson and an investor as well. He is the co-founder, executive chairman, chief technology officer and former chief executive officer of the American computer technology company Oracle Corporation. As of February 2023, he was listed by Bloomberg Billionaires Index as the sixth-wealthiest person in the world, with an estimated fortune of $102.6 billion.
Larry Ellison Net Worth
Larry Ellison has an estimated net worth of up to $108 Billion.
| Net Worth: | $108 Billion |
| Date of Birth: | August 17, 1944 |
| Age: | 78 years old |
| Gender: | Male |
| Profession: | Entrepreneur, Businessperson, Investor |
| Nationality: | United States of America |
| Country | United States of America |
| Ethnicity | American |
| Residence | Lower East Side |
| Complexion | White |
Larry Ellison is also known for his 98% ownership stake in Lanai, the sixth-largest island in the Hawaiian Archipelago. Larry took Oracle public on March 12, 1986. Coincidentally, that 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.
Larry Ellison Biography
Lawrence Joseph Ellison was born on August 17, 1944, in New York City to Florence Spellman, an unwed Jewish mother. His biological father was an Italian-American United States Army Air Corps pilot. After Ellison contracted pneumonia at the age of nine months, his mother gave him to her aunt and uncle for adoption. He did not meet his biological mother again until he was 48. Larry Ellison moved to Chicago’s South Shore, then a middle-class neighborhood. Larry Ellison was a government employee who had made a small fortune in Chicago real estate, only to lose it during the Great Depression.
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