Larry Ellison, the 79-year-old founder of Oracle, is hailed as a key figure in Silicon Valley history. Despite his age, Ellison continues to lead Oracle through the ever-changing tech landscape, achieving remarkable comebacks in the industry. Recently, Oracle’s shift towards cloud-based services, particularly in the field of artificial intelligence (AI), has propelled the company’s market value to new heights, with Ellison’s personal wealth also seeing a significant increase.
Ellison’s ambitious nature and penchant for making bold statements have been long documented, with his journey from a difficult childhood in New York to becoming a tech billionaire in California highlighted. Starting Oracle with just $2,000, Ellison revolutionized the concept of relational databases and steered the company towards success. Known for his extravagant lifestyle and acquisitions, Ellison’s support of other innovators like Elon Musk and involvement in controversial ventures like Theranos and Tesla showcases his ongoing impact in the industry.
Despite past ups and downs, Oracle’s recent resurgence under Ellison’s leadership proves that the company still has much to offer in the tech world. The story of Larry Ellison and Oracle serves as a testament to the enduring influence of seasoned veterans in an industry often focused on youth and innovation.
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https://moneyweek.com/economy/people/larry-ellison-silicon-valley-god-returns