From college dropout to the 7th richest person: The extraordinary journey of Larry Ellison, Oracle’s CTO and cofounder

From college dropout to the 7th richest person: The extraordinary journey of Larry Ellison, Oracle’s CTO and cofounder



Larry Ellison, the co-founder of Oracle, is a prominent figure in the tech industry known for his extravagant lifestyle and competitive nature. At 79 years old, he is one of the wealthiest individuals globally, with a net worth estimated at $152 billion. Ellison’s success is attributed to his leadership at Oracle, a software company he founded in 1977, which remains influential in the technology sector.

Despite his advanced age, Ellison continues to be actively engaged in various pursuits, including yacht racing and investments in companies like Tesla and Salesforce. His personal life is also noteworthy, with a passion for collecting watches and a family that has achieved success in different fields. His son, David Ellison, has notably become a prominent figure in the film industry.

Ellison’s wealth has recently seen a significant increase, with his fortune growing by $14 billion due to the rising demand for generative AI. This surge in wealth has placed him among the top billionaires globally, surpassing other notable figures in the tech industry like Sergey Brin and Steve Ballmer. Despite residing primarily in Hawaii and owning his private island, Ellison maintains his influential status in Silicon Valley and beyond.

In addition to his professional achievements, Ellison’s personal interests and investments reflect his diverse range of pursuits and passions. His involvement in the entertainment industry through his son’s role as CEO of Paramount demonstrates his influence in various sectors. Beyond his role at Oracle, Ellison’s impact extends to his investments and personal endeavors, showcasing a multifaceted individual with a keen eye for opportunities.

As a figurehead in the tech industry, Ellison’s legacy is cemented by his contributions to Oracle’s success and his influence on the broader business landscape. His status as one of the wealthiest individuals globally highlights his remarkable journey from a college dropout to a tech titan with a vast empire. Ellison’s story exemplifies the entrepreneurial spirit and drive that define Silicon Valley’s most prominent figures, making him an enduring icon in the world of technology.

Article Source
https://www.businessinsider.com/larry-ellison