Lawrence Joseph Ellison

Larry Ellison CTO and Founder, Oracle

Recent News: Oracle Corporation is a multinational computer technology corporation headquartered in Redwood City, California, United States. It is the world's second-largest software company by revenue and market capitalization. Oracle is known for its database management systems, cloud computing services, and enterprise software products.Larry Ellison is chairman, chief technology officer and cofounder of software giant Oracle, of which he owns roughly 40%. He gave up the Oracle CEO role in 2014 after 37 years at the helm. Oracle has grown in part through steady acquisitions of software companies: the biggest was $28.3 billion for electronic health records company Cerner in 2021. In 2020, Ellison moved permanently to the Hawaiian island Lanai, which he bought nearly all of in 2012 for $300 million. Ellison sat on Tesla's board from December 2018 to August 2022. He owned 45 million split-adjusted shares before stepping down as a director. Larry Ellison’s $490 million megayacht ‘Rising Sun’ was so enormous that it could only be docked next to oil tankers and cruise ships. The 454-foot vessel felt like walking in an empty mall, so the eccentric billionaire sold it and bought a smaller $160 million superyacht. Oracle's Larry Ellison Has Just Bought A London Townhouse For $202 Million To Add To His Global Property Portfolio According to CoStar News, Ellison has agreed to buy the West End property from Hong Kong-listed investor Chinese Estates. The property, located at 11-12 James Square, is currently entirely vacant, and Ellison, 80, is thought to be buying it for one of his businesses. Chinese Estate purchased the building from Malaysia’s Employees Provident Fund for £175 million ($216 million in 2017).