Larry Ellison Net Worth: Larry Ellison, co-founder and former CEO of Oracle Corporation, is one of the most influential figures in the technology industry.
Known for his significant contributions to the enterprise software world and his diverse investments, Ellison's financial empire is as impressive as his career.
This blog provides a comprehensive look at Larry Ellison's net worth, business investments, and lifestyle.
Larry Ellison (born August 17, 1944) is an American business magnate best known for founding Oracle Corporation, a leading provider of database software and technology. His career and investments span multiple industries, making him one of the richest people in the world.
Larry Ellison Net Worth
| detail | information |
|---|---|
| Name | Lawrence Joseph Ellison |
| date of birth | August 17, 1944 |
| age | 80 years |
| high | 6 feet 3 inches (190 cm) |
| weight | About. 80kg |
| Country of Citizenship | American |
| Profession | businessman, investor |
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Net Asset Breakdown by Business Segment
Larry Ellison’s net worth is primarily derived from several key business segments:
| Business segment | estimated value |
|---|---|
| Oracle Holdings | $100 billion |
| real estate | $2 billion |
| invest | US$3 billion |
| Others | US$500 million |
The figures highlight Ellison's diversified portfolio, with Oracle Holdings the most significant contributor to his wealth.
Main Businesses and Venture Capital
Larry Ellison's major businesses and enterprises include:
- Oracle: Founded in 1977, Oracle is a global leader in database technology and enterprise software.
- NetSuite: Acquired by Oracle in 2016, NetSuite is a provider of cloud-based enterprise resource planning (ERP) software.
- Ellison Translational Medicine Institute: A research institution focused on cancer and aging.
- Oracle Racing: Ellison is involved in professional sailing, including the America's Cup.
Larry Ellison Net Worth
Sources of revenue from business operations
Ellison's income sources are diverse and substantial:
- Oracle Corporation: Generates revenue from its database software, cloud services, and enterprise solutions.
- NetSuite: Contributes revenue through its cloud-based ERP solution.
- Real Estate Investment: Income from real estate rentals and sales.
- Investing in Technology Startups: Returns on Investment in Emerging Technology Companies.
business strategy and tactics
Ellison's business strategy includes:
- Aggressive Acquisition: Acquiring companies to enhance Oracle's technology stack and market presence.
- Innovation Focus: Emphasis on research and development to maintain leadership in technology.
- Vertical integration: providing a full range of products and services from hardware to software.
Main business investment, IPO, mergers and acquisitions
Ellison’s major business investments and transactions include:
- Acquisition of Sun Microsystems (2010): Enhanced Oracle's hardware and software integration capabilities.
- Acquisition of NetSuite (2016): Expanded Oracle's cloud-based services.
- Investing in Tesla: An early investment in Tesla, now a profitable business.
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Business innovation and expansion
Ellison drives innovation at Oracle through:
- Cloud Computing: A pioneering effort in cloud services and computing.
- Autonomous Database: Introducing artificial intelligence-driven database management solutions.
- Expand into new markets: Explore opportunities in emerging markets and industries.
Business Failures and Setbacks (and Recovery)
Despite his success, Ellison also faced challenges:
- Competitive pressure: Oracle faces stiff competition from rivals such as Microsoft and AWS.
- Legal Fights: Participating in legal disputes related to intellectual property and antitrust issues.
Recovery strategy: Strategic acquisitions, product diversification and technological innovation helped Oracle overcome setbacks.
Larry Ellison Net Worth
Impact on industries and markets
Ellison's impact on the technology industry has been profound:
- Enterprise Software: Revolutionizing database management and enterprise solutions.
- Cloud Computing: Played a key role in the adoption of cloud technology.
Business partnerships and collaborations
Ellison formed several notable partnerships:
- Intel: Collaboration on hardware and software integration.
- Microsoft: Strategic alliance for cloud and enterprise solutions.
Business Awards and Recognition
Ellison has received numerous honors:
- Forbes World's Billionaires: Consistently ranked among the wealthiest individuals.
- Technology Industry Awards: Recognized for contributions to technology and innovation.
Impact of economic factors on business and net assets
Economic factors that affect Ellison's net worth include:
- Market conditions: Tech stock price volatility and economic downturn.
- Global Trade: Trade policies and international market dynamics affecting Oracle's global operations.
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global business influence
Ellison's global business influence spans all areas:
- Technology: Impacting enterprise software and cloud computing globally.
- Sailing: Outstanding performance in international sailing competitions.
Succession planning and business legacy
Ellison's succession plan includes:
- Leadership Transition: Prepare for leadership transition within Oracle.
- Philanthropic legacy: establishing philanthropic foundations and research institutions.
Charity and social contribution
Ellison is actively involved in philanthropy:
- Ellison Medical Foundation: Supports medical research and health initiatives.
- Educational Giving: Contributions to educational institutions and programs.
Larry Ellison Car Collection
Ellison's automotive line features luxury and performance vehicles including:
- Tesla Roadster
- Ferrari 458 Italy
- Porsche 911 Turbo
Real estate and owned property
Ellison's real estate holdings include:
| Property type | Place | estimated value |
|---|---|---|
| residential property | Malibu, California | US$200 million |
| commercial real estate | San Francisco, California | US$500 million |
| holiday home | various locations | US$100 million |
lifestyle and spending habits
Ellison's lifestyle includes:
- Luxurious living: expensive real estate and high-end personal items.
- Travel: Frequent international travel and participation in elite events.
- Sailing: Active participation in sailboat racing and yacht ownership.
Larry Ellison Net Worth Video Source: YouTube
Legacy and Impact
Larry Ellison's legacy includes:
- Technology Innovation: Groundbreaking advances in database technology and cloud computing.
- Philanthropy: Contributions to medical research and education.
- Business Acumen: Known for his strategic vision and entrepreneurial success.
Larry Ellison Net Worth FAQs
What is Larry Ellison's current net worth?
Larry Ellison's current net worth is estimated to be approximately $120 billion as of 2024. This vast wealth is largely due to his large stake in Oracle Corporation, the enterprise software giant he co-founded. His financial portfolio is also supported by significant investments in various sectors, including technology startups, real estate and high-profile acquisitions. Ellison's net worth reflects not only his entrepreneurial success at Oracle, but also his strategic investing and business acumen.
How did Larry Ellison make his fortune?
Larry Ellison amassed his wealth primarily through the success of Oracle, a company he founded in 1977. Under his leadership, Oracle became a global leader in database technology and enterprise software. In addition to Oracle, Ellison's wealth has grown significantly from his investments in cloud computing and strategic acquisitions such as Sun Microsystems and NetSuite. His foresight in identifying and capitalizing on technology trends is a key factor in his financial success.
What are Larry Ellison's major investments and business activities?
Larry Ellison's major investments and business ventures include several well-known companies. Notably, he acquired cloud-based ERP provider NetSuite in 2016, thereby expanding Oracle's cloud services portfolio. Another important program is the Ellison Institute for Translational Medicine, dedicated to advancing research on cancer and aging. Ellison's involvement in sailboat racing through Oracle Racing is also notable. Additionally, his early investments in Tesla have proven to be highly profitable, further cementing his status as a savvy investor.
What types of properties and real estate does Larry Ellison own?
Larry Ellison's real estate portfolio is extensive and includes some of the most luxurious properties in the world. He owns a mansion worth approximately $200 million in Malibu, California. He owns a large amount of commercial real estate in San Francisco worth approximately $500 million. His vacation homes are located in various locations with a total value of approximately $100 million. These properties reflect Ellison's preference for luxury and high-value real estate investments.
What philanthropic activities is Larry Ellison involved in?
Larry Ellison is active in many philanthropic endeavors. Through the Ellison Medical Foundation, he supports medical research focused on cancer and aging. In addition, he has made significant contributions to educational institutions and programs aimed at improving learning and development. His philanthropic activities also extend to community initiatives, providing support to various social causes and impoverished communities. These efforts highlight Ellison's commitment to giving back and making a positive impact in society.
Categories: Businessman Net Worth
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