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Larry Ellison's net worth refers to the total value of his assets minus his liabilities. As of 2023, his net worth is estimated to be around $111 billion, making him one of the wealthiest people in the world. He is the co-founder and former CEO of Oracle Corporation, a multinational computer technology corporation.

Ellison's wealth comes primarily from his stake in Oracle, which he co-founded in 1977. Under his leadership, Oracle grew into one of the largest software companies in the world. He stepped down as CEO in 2014 but remains the company's chief technology officer and chairman of the board.

In addition to his stake in Oracle, Ellison also owns a number of other assets, including real estate, art, and investments. He is known for his lavish lifestyle and has been criticized for his spending habits. However, he has also pledged to give away the majority of his wealth to.

Larry Ellison's Net Worth

Larry Ellison's net worth is a testament to his success as a businessman and investor. Here are eight key aspects of his net worth:

  • Co-founder of Oracle
  • Former CEO of Oracle
  • Majority stake in Oracle
  • Real estate investments
  • Art collection
  • Private equity investments
  • Venture capital investments
  • Philanthropy

Ellison's wealth is primarily derived from his stake in Oracle, which he co-founded in 1977. Under his leadership, Oracle grew into one of the largest software companies in the world. He stepped down as CEO in 2014 but remains the company's chief technology officer and chairman of the board. In addition to his stake in Oracle, Ellison also owns a number of other assets, including real estate, art, and investments. He is known for his lavish lifestyle and has been criticized for his spending habits. However, he has also pledged to give away the majority of his wealth to charity.

Co-founder of Oracle

Larry Ellison's role as a co-founder of Oracle is inextricably linked to his net worth. Oracle is a multinational computer technology corporation that Ellison co-founded in 1977. Under his leadership, Oracle grew into one of the largest software companies in the world, and Ellison's stake in the company is the primary source of his wealth.

As a co-founder of Oracle, Ellison played a key role in the company's development and success. He was responsible for developing Oracle's first database management system and for leading the company's expansion into new markets. Ellison's vision and leadership were instrumental in Oracle's growth, and his stake in the company has grown in value along with the company's success.

Ellison's net worth is a testament to the success of Oracle and to his own role in the company's development. His story is an inspiration to entrepreneurs and business leaders around the world, and it demonstrates the power of innovation and hard work.

Former CEO of Oracle

As the former CEO of Oracle, Larry Ellison played a pivotal role in shaping the company's trajectory and maximizing its value, which ultimately contributed to his substantial net worth.

  • Leadership and Strategic Vision

    As CEO, Ellison steered Oracle's strategic direction, leading the company through a period of rapid growth and innovation. His visionary leadership and ability to identify and capitalize on market opportunities fueled Oracle's expansion and solidified its position as a global leader in the software industry.

  • Operational Excellence and Financial Acumen

    Under Ellison's leadership, Oracle implemented operational strategies that optimized efficiency, reduced costs, and enhanced profitability. His financial acumen and strategic investments in research and development ensured Oracle's financial health and sustained growth, directly impacting the company's valuation and Ellison's personal wealth.

  • Stakeholder Management and Value Creation

    Ellison fostered strong relationships with Oracle's customers, partners, and investors. His ability to communicate the company's value proposition effectively, build a loyal customer base, and attract strategic partnerships contributed to Oracle's reputation and overall market value.

  • Company Culture and Innovation

    Ellison cultivated a culture of innovation and risk-taking at Oracle, encouraging employees to push the boundaries of technology and explore new ideas. This culture of innovation led to the development of groundbreaking products and services, which enhanced Oracle's competitive advantage and contributed to its financial success.

In summary, Ellison's tenure as Oracle's CEO was marked by his leadership, strategic vision, operational excellence, stakeholder management, and commitment to innovation. These factors collectively contributed to Oracle's growth and profitability, which played a significant role in shaping Larry Ellison's net worth.

Majority stake in Oracle

Larry Ellison's majority stake in Oracle is a key factor contributing to his net worth. As of 2023, Ellison owns approximately 35% of Oracle's outstanding shares, making him the company's largest shareholder. This stake is worth approximately $52 billion, which is a significant portion of Ellison's overall net worth.

  • Ownership and Control

    Ellison's majority stake in Oracle gives him significant control over the company's operations and decision-making. He has the power to appoint and remove board members, approve major acquisitions and investments, and set the company's overall strategic direction.

  • Dividend Income

    As Oracle's largest shareholder, Ellison receives a substantial portion of the company's dividend payments. In 2022, Oracle paid out $1.5 billion in dividends, of which Ellison received approximately $525 million.

  • Stock Appreciation

    The value of Ellison's Oracle stake has increased significantly over time. In 1986, Oracle's IPO priced its shares at $15. Today, Oracle's shares trade at over $90, giving Ellison a substantial paper profit on his investment.

  • Estate Planning

    Ellison's majority stake in Oracle is a valuable asset that he can use for estate planning purposes. By controlling a large block of Oracle shares, Ellison can ensure that his wealth is passed on to his heirs in a tax-efficient manner.

In conclusion, Larry Ellison's majority stake in Oracle is a key driver of his net worth. It provides him with ownership, control, dividend income, stock appreciation, and estate planning benefits.

Real estate investments

Real estate investments are a major component of Larry Ellison's net worth. He owns a vast portfolio of properties around the world, including luxury homes, commercial buildings, and land. His real estate investments are estimated to be worth billions of dollars.

  • Residential Properties

    Ellison owns several luxurious residential properties, including a sprawling estate in Woodside, California, and a mansion in Malibu, California. These properties are not only valuable assets but also provide Ellison with a comfortable and lavish lifestyle.

  • Commercial Properties

    Ellison also owns a number of commercial properties, including office buildings and retail centers. These properties generate rental income for Ellison and provide him with a steady stream of cash flow.

  • Land Investments

    In addition to residential and commercial properties, Ellison also owns a significant amount of land. This land is primarily located in Hawaii and California and is used for a variety of purposes, including agriculture, conservation, and development.

  • Diversification and Appreciation

    Ellison's real estate investments provide him with diversification and the potential for appreciation. Real estate is a relatively stable asset class, and it has historically outperformed other investments, such as stocks and bonds, over the long term.

Overall, Larry Ellison's real estate investments are a significant part of his net worth and provide him with a variety of benefits, including income, diversification, and the potential for appreciation.

Art collection

Larry Ellison's art collection is a significant component of his net worth, estimated to be worth over $1 billion. His collection includes works by renowned artists such as Pablo Picasso, Jackson Pollock, and Mark Rothko. Ellison's passion for art began in the 1980s, and he has since become one of the world's most avid art collectors.

There are several reasons why Ellison's art collection is so valuable. First, the art market has experienced significant growth in recent decades, and the works in Ellison's collection have appreciated in value accordingly. Second, Ellison has a discerning eye for art, and his collection includes many iconic and rare pieces. Third, Ellison's collection is well-curated and displayed in his homes and offices around the world.

Ellison's art collection is not only a valuable asset but also a reflection of his personal taste and interests. He is a passionate supporter of the arts and has donated generously to museums and art organizations. His collection is open to the public by appointment, and it has been featured in numerous exhibitions around the world.

In conclusion, Larry Ellison's art collection is a significant component of his net worth and a reflection of his personal taste and interests. His collection includes works by renowned artists and has appreciated in value significantly over time. Ellison is a passionate supporter of the arts and has donated generously to museums and art organizations.

Private Equity Investments

Private equity investments are a major component of Larry Ellison's net worth, estimated to be worth billions of dollars. Private equity refers to investments in private companies, typically those that are not publicly traded on a stock exchange.

Ellison has made numerous private equity investments throughout his career, often targeting companies in the technology, healthcare, and real estate sectors. These investments have generated significant returns for Ellison, contributing to his overall net worth.

One notable example of Ellison's private equity investments is his involvement in Tesla Motors. In 2004, Ellison invested $60 million in Tesla, which was then a struggling electric car manufacturer. Tesla has since become a global leader in electric vehicles, and Ellison's investment has generated a substantial return.

Ellison's private equity investments are typically long-term, and he often takes an active role in the companies he invests in. He provides strategic guidance and support to the management teams, helping them to grow their businesses and increase their value.

In summary, Larry Ellison's private equity investments are a significant component of his net worth. He has made numerous successful investments in private companies, generating substantial returns. Ellison's private equity investments demonstrate his ability to identify and invest in high-growth companies, and his involvement often helps to accelerate their success.

Venture capital investments

Venture capital investments are a major component of Larry Ellison's net worth, estimated to be worth billions of dollars. Venture capital refers to investments in early-stage, high-growth companies that have the potential to generate significant returns.

  • Investing in Innovation

    Ellison has made numerous venture capital investments in innovative companies across various sectors, including technology, healthcare, and biotechnology. These investments have often been in companies that are developing new technologies or products with the potential to disrupt existing markets.

  • Long-Term Returns

    Venture capital investments typically have a long investment horizon, meaning that Ellison is willing to invest in companies that may take several years to generate significant returns. This patience has been rewarded in many cases, as some of Ellison's early venture capital investments have generated substantial profits.

  • Strategic Partnerships

    Beyond financial returns, Ellison's venture capital investments often provide him with strategic benefits. By investing in early-stage companies, Ellison can gain access to new technologies and ideas that can potentially benefit Oracle or his other business interests.

  • Diversification

    Venture capital investments also contribute to the diversification of Ellison's net worth. By investing in a variety of early-stage companies, Ellison reduces his overall investment risk and increases the likelihood of generating strong returns over the long term.

In summary, Larry Ellison's venture capital investments are a significant component of his net worth, providing him with the potential for substantial returns, strategic benefits, diversification, and the opportunity to support innovative companies.

Philanthropy

Philanthropy plays a significant role in shaping Larry Ellison's net worth and overall legacy. Ellison is known for his generous contributions to various charitable causes, demonstrating his commitment to social responsibility and the well-being of others.

  • Personal Giving

    Ellison has made substantial personal donations to a wide range of organizations, including medical research, education, environmental protection, and disaster relief. His contributions have supported initiatives such as the Ellison Medical Foundation, which funds cutting-edge biomedical research, and the Lawrence Ellison Foundation, which focuses on environmental conservation and education.

  • Foundation Support

    Ellison has established several charitable foundations, such as the Ellison Family Foundation and the Ellison Institute for Transformative Medicine, which provide grants and support to organizations working in areas such as healthcare, education, and scientific research. These foundations allow Ellison to direct his philanthropic efforts towards specific causes and ensure the sustainability of his giving.

  • Impact Investing

    Ellison has also engaged in impact investing, which involves investing in companies or projects that generate both financial returns and social or environmental benefits. Through his investments, Ellison aims to support sustainable businesses and drive positive change in the world.

  • Legacy and Recognition

    Ellison's philanthropic endeavors have earned him widespread recognition and respect. He has received numerous awards and accolades for his generosity and commitment to social causes. His philanthropy has also helped to shape his personal legacy, demonstrating his values and priorities beyond his business success.

In conclusion, philanthropy is an integral part of Larry Ellison's net worth, reflecting his commitment to making a positive impact on the world. Through personal giving, foundation support, impact investing, and legacy building, Ellison uses his wealth to support charitable causes and address pressing social and environmental issues.

FAQs About Larry Ellison's Net Worth

Larry Ellison's net worth is a subject of significant interest due to his prominence as a business magnate and investor. Here are answers to some frequently asked questions about his wealth:

Question 1: How much is Larry Ellison's net worth?

As of 2023, Larry Ellison's net worth is estimated to be approximately $111 billion, making him one of the wealthiest people in the world.

Question 2: What is the primary source of Larry Ellison's wealth?

Ellison's wealth primarily stems from his stake in Oracle Corporation, the multinational software company he co-founded in 1977. He remains the company's chief technology officer and chairman of the board.

Question 3: What other assets contribute to Larry Ellison's net worth?

In addition to his stake in Oracle, Ellison owns a diverse portfolio of assets, including real estate, art, private equity investments, and venture capital investments.

Question 4: Is Larry Ellison actively involved in managing his wealth?

Yes, Ellison is actively involved in managing his wealth. He has established several charitable foundations and engages in impact investing, demonstrating his commitment to using his wealth for philanthropic purposes.

Question 5: What is Larry Ellison's approach to philanthropy?

Ellison supports a wide range of charitable causes through personal donations, foundation grants, and impact investments. His philanthropic interests include medical research, education, environmental protection, and disaster relief.

Question 6: How has Larry Ellison's net worth changed over time?

Ellison's net worth has grown significantly over the years, primarily due to the success of Oracle and his astute investments. The value of his stake in Oracle has increased substantially, and his diverse portfolio of assets has also contributed to his growing wealth.

In summary, Larry Ellison's net worth is a testament to his business acumen and investment savvy. His wealth is primarily derived from his stake in Oracle, but he has also diversified his portfolio through real estate, art, and other investments. Ellison is actively involved in managing his wealth and is committed to philanthropy, supporting various charitable causes through personal donations and foundation grants.

Transition to the next article section: Exploring Larry Ellison's Business Legacy and Impact on the Tech Industry

Tips Inspired by Larry Ellison's Net Worth

Larry Ellison's remarkable net worth is a testament to his business acumen, strategic investments, and commitment to innovation. Here are a few tips inspired by his journey that can guide individuals seeking financial success:

Tip 1: Embrace Innovation and Disruption

Ellison's success with Oracle was built on his ability to identify and capitalize on emerging technologies. Seek opportunities to innovate and disrupt existing markets by introducing new products or services that meet unmet customer needs.

Tip 2: Invest Wisely and Diversify

Ellison's diverse portfolio of investments, including real estate, art, and venture capital, highlights the importance of diversification. Spread your investments across different asset classes and industries to mitigate risk and enhance returns.

Tip 3: Build a Strong Team and Foster a Culture of Excellence

Oracle's success is attributed in part to Ellison's leadership and his ability to attract and retain top talent. Create a positive and empowering work environment that fosters collaboration, innovation, and a relentless pursuit of excellence.

Tip 4: Embrace Calculated Risks and Long-Term Vision

Ellison's early investments in companies like Tesla demonstrate his willingness to take calculated risks and invest in long-term growth potential. Don't be afraid to venture into uncharted territories, but always conduct thorough due diligence and have a clear understanding of the potential risks and rewards.

Tip 5: Give Back to the Community

Ellison's philanthropic endeavors are a testament to his commitment to making a positive impact on the world. Consider using your wealth and resources to support causes that align with your values and make a meaningful difference in society.

Summary:

By embracing innovation, investing wisely, building a strong team, taking calculated risks, and giving back to the community, individuals can emulate Larry Ellison's approach to wealth creation and make a lasting impact on the business world and beyond.

Transition to the Conclusion:

Larry Ellison's net worth is not just a measure of his financial success but a reflection of his vision, determination, and commitment to excellence. By following these tips inspired by his journey, individuals can unlock their own potential for financial growth and make a meaningful contribution to their communities and the world.

Conclusion

Larry Ellison's net worth is a testament to his business acumen, strategic investments, and unwavering commitment to innovation. Through his leadership at Oracle and his diverse portfolio of assets, Ellison has amassed a fortune that ranks him among the wealthiest individuals in the world.

Ellison's journey offers valuable lessons for anyone seeking financial success. His ability to identify and capitalize on emerging technologies, his willingness to take calculated risks, and his focus on building a strong team have been instrumental in his success. Additionally, his philanthropic endeavors demonstrate his commitment to making a positive impact on the world.

As the world continues to evolve at an unprecedented pace, Larry Ellison's legacy as a visionary business leader will continue to inspire future generations of entrepreneurs and investors. His ability to adapt, innovate, and embrace disruption serves as a reminder that the pursuit of wealth and success is an ongoing journey that requires constant learning, adaptability, and a relentless pursuit of excellence.

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Oracle billionaire Larry Ellison has shut down his foundation Vox

Oracle billionaire Larry Ellison has shut down his foundation Vox

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Zora Stowers

Update: 2024-05-21