Larry Ellison Biography

 Larry Ellison is a prominent American businessman and entrepreneur, best known as the co-founder, former CEO, and chairman of Oracle Corporation, a multinational computer technology corporation. Born Lawrence Joseph Ellison on August 17, 1944, in New York City, New York, he grew up in a middle-class Jewish household in Chicago, Illinois.

Ellison had a challenging childhood. His biological father was an Italian American U.S. Army Air Corps pilot who had lost his life during World War II. Ellison was raised by his mother and her husband, who he considered his adoptive father. As a teenager, Ellison showed a keen interest in computers and technology.

After completing high school, Ellison attended the University of Illinois at Urbana-Champaign but dropped out after the death of his adoptive mother. He then moved to California and held various odd jobs before joining the Ampex Corporation, where he worked on database design.

In 1977, Larry Ellison co-founded Software Development Laboratories (SDL), which was later renamed Oracle Systems Corporation and eventually Oracle Corporation. The company initially focused on developing and selling a relational database management system (RDBMS) called Oracle Database. Under Ellison's leadership, Oracle grew rapidly and became a leading player in the software industry.

Over the years, Ellison's leadership style and business acumen gained attention. He was known for his competitive nature, flamboyant personality, and willingness to take risks. Under his guidance, Oracle expanded its product offerings, including enterprise software, cloud computing services, and hardware systems.

Ellison stepped down as CEO of Oracle in 2014 but remained the company's chairman and chief technology officer. He played a significant role in shaping Oracle's strategic direction and continued to be actively involved in the company's operations.

Aside from his work at Oracle, Ellison has been involved in various ventures and interests. In 2010, he purchased the majority of the Hawaiian island of Lanai, which he has since developed and transformed into a luxury tourist destination. Ellison is also an avid sailor and has competed in several renowned yacht races, including the America's Cup.

Known for his immense wealth, Larry Ellison has consistently ranked among the world's wealthiest individuals. He is known for his lavish lifestyle, including multiple luxurious homes, private jets, and an extensive art collection.

Larry Ellison's career and accomplishments have earned him numerous accolades and recognitions. He was inducted into the National Academy of Engineering in 1997 and received the Ernst & Young Entrepreneur of the Year Award in 1990. Ellison has also been an active philanthropist, contributing to various causes and initiatives.

Larry Ellison's impact on the technology industry and his entrepreneurial success have made him a prominent figure in business history.