What Is Larry Ellison's Net Worth
Ever wondered who's behind that Oracle database you've been using? Or maybe you're just curious about how much the guy who co-founded it is worth. Well, let's dive in and find...
Ever wondered who's behind that Oracle database you've been using? Or maybe you're just curious about how much the guy who co-founded it is worth. Well, let's dive in and find out together, shall we?
Meet Larry Ellison, the Man Behind the Curtain
Larry Ellison, born in 1944, is an American businessman and philanthropist. You might know him as the co-founder of Oracle Corporation, a multinational computer technology corporation that specializes in developing and marketing database management systems.
From Adopted to Billionaire
Larry's journey is quite the tale. Born in New York, he was adopted and raised in Chicago. After dropping out of the University of Illinois and later being expelled from the University of Chicago, he moved to California in the late 1960s. It was there that he met his business partner, Bob Miner, and together they founded Software Development Laboratories (SDL) in 1977, which later became Oracle Corporation.
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So, What's Larry's Net Worth?
Alright, let's get to the nitty-gritty. As of 2021, Larry Ellison's net worth is estimated to be around $93 billion. That's right, with a 'b'. But what does that even mean?
Let's Put That into Perspective
Imagine you had $100. Now, imagine giving that $100 to a friend every second. It would take you over 31 years to give away $93 billion. That's how much money we're talking about here. It's like having a personal fortune that's bigger than the GDP of some countries!
But here's the thing, Larry's not just sitting on a pile of cash. His wealth is tied up in Oracle Corporation, where he serves as the chairman and chief technology officer. So, it's not like he can just go to the bank and withdraw $93 billion in cash (though I'm sure he could write a pretty big check if he needed to).
Larry Ellison Net Worth 2026 — $167.5 billion (Rank #8) | WealthRank
How Did He Make All That Dough?
Larry Ellison's wealth is primarily from his stake in Oracle Corporation. He owns around 35% of the company's shares. When Oracle's stock price goes up, so does Larry's net worth. And with Oracle being one of the world's leading database management system companies, that stock price has been doing quite well over the years.
But Larry's not just about the money. He's also a philanthropist, having donated millions to various causes, including education and healthcare. In 2016, he signed The Giving Pledge, committing to donate at least half of his wealth to charitable causes.
Larry's Life Outside of Oracle
When he's not busy running Oracle, Larry enjoys a variety of hobbies. He's a big fan of Japanese culture and has even built a Japanese-style garden in his backyard. He's also a keen pilot and has competed in several sailing races, including the America's Cup.
Valeur nette de Larry Ellison - FourWeekMBA
And if you're wondering what kind of digs a guy worth $93 billion lives in, well, let's just say he has a few properties. His most famous is probably his Woodside, California estate, which spans over 23 acres and includes a 7,800 square foot main house, a tea house, and a koi pond. But that's just one of many properties he owns around the world.
So, Is Larry Ellison the Richest Person in the World?
As of 2021, no, Larry Ellison is not the richest person in the world. That title goes to Elon Musk, with a net worth of around $211 billion. But Larry's still doing pretty well for himself, coming in at number 6 on the Forbes list of the world's wealthiest people.
And while Larry's wealth is certainly impressive, it's important to remember that it's not just about the money. It's about the impact he's had on the tech industry, the lives he's touched, and the causes he's supported. So, here's to Larry Ellison, the man behind the Oracle, for being more than just a number on a list.