Larry Ellison has an estimated net worth of $41 billion
Larry Ellison is an American software mogul with an estimated net worth of $41 billion. He is 6’3″ and weighs 198 pounds. Lawrence Joseph Ellison was born on August 17, 1944 in the Lower East Side, Mahattan New York to an unwed Jewish mother and Italian-American U.S. Air Force pilot. When Ellison was nine months old he contracted pneumonia. His mother gave him up for adoption to his aunt and uncle. He did not see his biological mother again until he was 48 years old.
Ellison grew up in Chicago’s middle-class Jewish neighborhood with his adoptive parents. His adoptive father earned a small fortune in Chicago real estate but lost it all during the Great Depression. Ellison remembers his adoptive father as being cold and distant, while his adoptive mother was warm and loving.
Ellison was a smart yet unmotivated student. He attended the University of Illinois at Urbana-Champaign but dropped out after his second year due to the death of his adoptive mother. He then attended the University of Chicago for one semester. While attending the University of Chicago he got introduced to computer design and fell in love with it. After he completed one term, Ellison dropped out and moved to North California where he worked for a couple of technology firms.
In 1977 he founded Software Developmental Laboratories with two partners and an investment of $2,000; $1,200 was his own funds. In 1979 the company was renamed to Relational Software, Inc. In 1982 it officially became Oracle Systems Corporation.
Larry Ellison is currently the chief executive officer of the Oracle Corporation. In 2013 Forbes listed him as the third wealthiest man in America. He is one of the if not the highest paid executive in the U.S.
Larry Ellison has enough net worth to buy:
1. 364,444.4 Audi S8 Sedans ($112,500 each)
2. 2,733,333.3 Waterford London Style Side Tables ($15,000 each)
3. 4,403,866.8 Bloomingdale’s Nova 5-Piece Sectionals ($9,310 each)
Larry Ellison has enough net worth to give everyone in China $30.11