Larry Ellison Biography:
Larry Ellison is an American entrepreneur, philanthropist, businessman and best known as the co-founder of Oracle Corporation with his two best friends Bob Miner, Ed Oates. Larry Ellison was the CEO (Chief Executive Officer) until September 2014, now he is the chairman and chief technology officer of Oracle. Larry Ellison Biography is almost same to Steve Jobs. Steve Jobs and Larry Ellison are best freinds.
Ellison was born on August 17, 1994 in New York City. Ellison father was an American United States Army Air Pilot. At the age of nine his mother gave him to his uncle for adoption. And Ellison’s moved to Chicago, South Shore. He studied at the University of Illinois at Urbana Champaign without completing graduation he left the University after his second year not taking his exams and moved to California.
Before moving Ellison’s was working at Ampex in 1970s. After moving he enrolled at the University of Chicago, but he dropped out after only one semester. At the age of 22 he moved to Northern California in 1966.
In 1970s, Ellison began working for Ampex Corporation. His projects included a database for CIA (Central Intelligence Agency) which he named Oracle. In 1977. Ellison founded the Software Development Laboratories (SDL) with his two best friends and started with an investment of around $2000. Two years later, they renamed the company and the new name was Relational Software. It officially became Oracle Systems Corporation in 1982.
In 1997, Ellison was made a Director at Apple Computers, and he resigned in 2002 due some of his private issues. He returned to his big dream he wanted his company to create a database that could achieve compatibility with the IBM (International Business Machines) systems or database. In 2013, Oracle Ellison had main competition for new database licenses in Linux and Windows actually windows operating systems comes from IBM which only runs on windows.
In 2005, Oracle Corporation paid Ellison a $ 974,000 salary with a bonus around $6,500,000. In the year 2007, Ellison earned a total of $61,180,524 and in 2009, he earned around $56 million.
Ellison was Oracle’s largest shareholder and he became the wealthiest person in the world. In 2014, Oracle Corporation had 130,000 employees.
Ellison married four spouses Adda Quinn (1967 to 1974), Nancy Wheeler Jankins (1977 to 1978), Barbara Boothe (1983 to 1986), Barbara and Ellison had two children (David and Megan) and the last one is Melanie Craft (2003 to 2010) they married on December 18, 2003.
Ellison’s Net worth:
Larry Ellison salary around US $41.5 million (2017). And it’s net worth an estimated US $55.4 billion (Feb 2017).
1. ”You have to act and act now.”
2. ”Great achievers are driven not so much by the pursuit of success but by the fear of failures.”
3. ”If you do everything that everyone else does in business, you are going to lose. The only way to really be ahead, Is to be different.”