Larry Ellison is an American businessman
entrepreneur who co-founded software company Oracle Corporation
He was Oracle's chief executive officer from 1977 to 2014
is now its chief technology officer and executive chairman
As of November 2023, he was listed by
Bloomberg Billionaires Index
as the fifth-wealthiest person in the world, with an estimated fortune of $130 billion
Ellison is also known for his ownership of 98% of Lānaʻi, the sixth-largest island in the Hawaiian Islands
While working at Ampex in the early 1970s, he became influenced by Edgar F. Codd's research on relational database design for IBM
This white paper led in 1977 to the formation of the company which later became Oracle
Oracle became a successful database vendor to mid- and low-range systems
later competing with Sybase (created 1984) and Microsoft SQL Server (a port of Sybase created in 1989)
which led to Ellison being listed by
Forbes
as one of the richest people in the world.
The European Union approved Oracle's acquisition of Sun Microsystems on January 21, 2010
In 2017,
Forbes
estimated that Ellison was the 4th richest person in tech
As of 2022, Ellison owns 42.9 percent of the shares of Oracle Corporation, and as of June 2023, 1.4 percent of the shares of Tesla
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