Larry Ellison: Difference between revisions

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| nationality = American
| nationality = American
| occupation = Business executive, entrepreneur
| occupation = Business executive, entrepreneur
| known_for = Co-founding Oracle Corporation
| known_for = Co-founding [[Oracle Corporation]]
| title = Co-founder, executive chairman, and CTO of [[Oracle Corporation]]
| title = Co-founder, executive chairman and CTO of Oracle Corporation
| spouse = {{plainlist|
| spouse = {{plainlist|
* {{marriage|Adda Quinn|1967|1974|end=div}}
* {{marriage|Adda Quinn|1967|1974|end=div}}
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'''Lawrence Joseph Ellison''' (born August 17, 1944) is an American businessman, entrepreneur, and technology executive who co-founded the software company [[Oracle Corporation]], one of the largest enterprise software and cloud computing companies in the world. Ellison served as Oracle's chief executive officer from 1977 to 2014 and has since held the positions of chief technology officer and executive chairman of the board. Over the course of more than four decades, Ellison built Oracle from a small database software startup into a global technology conglomerate, establishing himself as one of the most prominent figures in the history of the technology industry. His business career has been marked by aggressive corporate strategy, ambitious acquisitions, and a competitive temperament that shaped both Oracle's corporate culture and the broader enterprise software market. Beyond the technology sector, Ellison is known for his extensive real estate holdings, competitive sailing pursuits, and his ownership of approximately 98% of the island of [[Lānaʻi]] in Hawaii. In recent years, Ellison and his son David Ellison have expanded their interests into the media industry through the acquisition of [[Paramount Global]].<ref name="axios">{{cite web |title=The challenges facing the Ellisons' media empire |url=https://www.axios.com/2026/01/24/ellison-media-paramount-cbs |publisher=Axios |date=2026-01-24 |access-date=2026-02-24}}</ref> On September 10, 2025, a surge in Oracle's stock price briefly made Ellison the wealthiest person in the world, with an estimated net worth of approximately $393 billion.
'''Lawrence Joseph Ellison''' (born August 17, 1944) is an American billionaire businessman, entrepreneur, and technologist who co-founded the software company [[Oracle Corporation]], one of the world's largest enterprise technology firms. Ellison served as Oracle's chief executive officer from the company's founding in 1977 until 2014, when he transitioned to the roles of chief technology officer and executive chairman of the board. Over the course of nearly five decades, he built Oracle from a small database software startup into a global powerhouse in enterprise computing, cloud infrastructure, and business applications. Beyond the technology industry, Ellison has drawn public attention for his extensive real estate holdings—including ownership of approximately 98 percent of the Hawaiian island of Lānaʻi—his competitive sailing pursuits, and his involvement in major media and technology deals. In early 2026, Oracle's role as a key partner in the restructured ownership of TikTok's U.S. operations placed Ellison once again at the center of a significant intersection of technology and politics.<ref>{{cite news |date=2026-01-22 |title=TikTok lands $14B deal to avoid US ban |url=https://www.politico.com/news/2026/01/22/deal-for-us-ownership-of-tiktok-is-closed-company-says-00743145 |work=Politico |access-date=2026-02-24}}</ref> Together with his son David Ellison, he has also expanded into the media sector through the acquisition of Paramount Global.<ref>{{cite web |title=The challenges facing the Ellisons' media empire |url=https://www.axios.com/2026/01/24/ellison-media-paramount-cbs |publisher=Axios |date=2026-01-24 |access-date=2026-02-24}}</ref>


== Early Life ==
== Early Life ==


Lawrence Joseph Ellison was born on August 17, 1944, in New York City. His mother, Florence Spellman, was an unwed 19-year-old, and after Ellison contracted pneumonia as an infant, she gave him to her aunt and uncle, Lillian and Louis Ellison, on the South Side of Chicago to raise.<ref name="sfgate2004">{{cite news |date=2004-01-14 |title=Larry Ellison profile |url=http://www.sfgate.com/cgi-bin/article.cgi?file=/chronicle/archive/2004/01/14/MNGS649LVB1.DTL |work=San Francisco Chronicle |access-date=2026-02-24}}</ref> He was raised in a middle-class Jewish household on the South Side. Ellison's relationship with his adoptive father was strained; Louis Ellison was described as a reserved and unaffectionate figure who frequently told the young Larry that he would never amount to anything. Despite this difficult home environment, Ellison showed early aptitude in science and mathematics.
Lawrence Joseph Ellison was born on August 17, 1944, in New York City. His mother, Florence Spellman, was a 19-year-old unmarried woman. After Ellison contracted pneumonia as an infant, his mother gave him to her aunt and uncle, Lillian and Louis Ellison, who adopted him and raised him on the South Side of Chicago, Illinois. He grew up in a middle-class Jewish household. Louis Ellison, his adoptive father, was a Russian immigrant who had changed his surname after arriving at Ellis Island.


Ellison has spoken publicly about how the instant feedback of competitive activities drew him toward technology. In a 2026 interview, he credited his early love of computer programming to the immediacy of results it offered, comparing the experience to basketball: "You win or lose very quickly," he said, explaining that the feedback loop of programming captivated him in a way that other academic pursuits did not.<ref name="benzinga">{{cite news |last= |first= |date=2026-02-22 |title=Larry Ellison Says He Was Drawn To Computers Due To Basketball, Saying It Was 'Immediate Feedback' That Got Him Hooked: 'You Win Or Lose Very Quickly' |url=https://www.benzinga.com/markets/tech/26/02/50770152/larry-ellison-says-he-was-drawn-to-computers-due-to-basketball-saying-it-was-immediate-feedback-that-got-him-hooked-you-win-or-lose-very-quickly |work=Benzinga |access-date=2026-02-24}}</ref> This competitive instinct and attraction to measurable outcomes would become defining characteristics of his career.
Ellison has described his upbringing as modest but not impoverished. His adoptive father, who had lost much of his real estate holdings during the Great Depression, was a critical and distant figure, while his adoptive mother was more nurturing. Ellison did not learn the full details of his adoption until he was 12 years old, a revelation that had a significant impact on his sense of identity.


Growing up in Chicago, Ellison attended public schools. His adoptive mother, Lillian, was reportedly a warm and supportive presence, providing a counterbalance to the more critical Louis Ellison. The contrast between his adoptive parents' temperaments and the knowledge that he had been given up by his biological mother left a lasting mark on Ellison, who has spoken in interviews about the psychological impact of his early childhood experiences.
As a young man, Ellison showed academic promise but also a restless independence. He has spoken publicly about how his early encounters with computers captivated him, comparing the immediate feedback of programming to the instant gratification of competitive sports such as basketball. In a 2026 interview, Ellison explained that what drew him to computers was the clarity of outcomes: "You win or lose very quickly," he said, likening the experience to the scorekeeping in basketball that had appealed to him as a youth.<ref>{{cite news |date=2026-02-22 |title=Larry Ellison Says He Was Drawn To Computers Due To Basketball, Saying It Was 'Immediate Feedback' That Got Him Hooked: 'You Win Or Lose Very Quickly' |url=https://www.benzinga.com/markets/tech/26/02/50770152/larry-ellison-says-he-was-drawn-to-computers-due-to-basketball-saying-it-was-immediate-feedback-that-got-him-hooked-you-win-or-lose-very-quickly |work=Benzinga |access-date=2026-02-24}}</ref>


== Education ==
== Education ==


Ellison attended the University of Illinois at Urbana-Champaign, where he was named science student of the year during his second year. However, following the death of his adoptive mother, Lillian Ellison, he dropped out of college. He subsequently enrolled at the University of Chicago for one term but left without completing a degree. Despite never finishing his undergraduate education, Ellison's time at university introduced him to computer design and programming, laying the intellectual foundation for his later career in technology.
Ellison attended the University of Illinois at Urbana-Champaign, where he was named science student of the year during his second year. However, following the death of his adoptive mother, he dropped out of college. He subsequently enrolled at the University of Chicago for one term but left without completing a degree. Despite lacking formal academic credentials, Ellison's self-directed education in computer science and programming would prove instrumental in his later career. He moved to northern California in the mid-1960s, where he began working in the nascent technology sector.
 
Ellison's status as a college dropout became part of his public persona, placing him among a cohort of highly successful technology entrepreneurs — including Bill Gates and Steve Jobs — who achieved business success without completing a traditional college education. In 2006, Ellison made headlines when he cancelled a planned $115 million donation to Harvard University, citing disagreements over how the funds would be used.<ref>{{cite news |date=2006-06-28 |title=Oracle's CEO cancels $115M gift to Harvard |url=http://www.boston.com/news/education/higher/articles/2006/06/28/oracles_ceo_cancels_115m_gift_to_harvard/ |work=The Boston Globe |access-date=2026-02-24}}</ref>


== Career ==
== Career ==
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=== Founding of Oracle ===
=== Founding of Oracle ===


After leaving university, Ellison moved to Northern California, where he worked at various technology companies during the late 1960s and 1970s. He held positions at companies such as Amdahl Corporation and Ampex, gaining experience in database technology and computer systems. In 1977, Ellison co-founded Software Development Laboratories (SDL) with Bob Miner and Ed Oates, with an initial investment of approximately $2,000. The company was later renamed Relational Software Inc. and eventually became Oracle Corporation.
After arriving in California, Ellison worked at various technology companies, gaining experience in database programming and systems design. He was employed at the electronics company Ampex, among other firms, where he worked on projects related to data management. During this period, Ellison became familiar with a research paper by Edgar F. Codd, published by IBM, which described a relational database model. Recognizing the commercial potential of this concept, Ellison, along with co-founders Bob Miner and Ed Oates, established Software Development Laboratories (SDL) in 1977. The company's first major project was building a relational database management system for the Central Intelligence Agency, codenamed "Oracle." The company later renamed itself Oracle Systems Corporation, and eventually Oracle Corporation, after its flagship product.
 
Oracle's relational database was among the first commercially available products of its kind. The company's early growth was driven by the increasing demand for database management systems in government and enterprise settings. Ellison served as chief executive officer from the company's inception, setting its strategic direction and cultivating an aggressive corporate culture focused on sales growth and market dominance.
 
=== Growth and Expansion ===


The founding concept behind Oracle was inspired by a 1970 paper by Edgar F. Codd, a researcher at IBM, which outlined the principles of relational database management systems. Ellison recognized the commercial potential of Codd's theoretical work and set about building a practical implementation. Oracle's first major client was the Central Intelligence Agency (CIA), for whom the company developed a database project codenamed "Oracle" — a name that would eventually become the company's own. Oracle became the first company to commercially market a relational database management system using the SQL programming language, a distinction that gave the company an early and enduring competitive advantage in the enterprise software market.
Under Ellison's leadership throughout the 1980s and 1990s, Oracle grew rapidly to become one of the dominant players in enterprise software. The company went public in 1986, and its database products became the industry standard for large-scale data management in corporations, government agencies, and academic institutions worldwide.


=== Growth and Dominance in Enterprise Software ===
Oracle's growth was not without turbulence. In the early 1990s, the company faced a financial crisis brought on by aggressive accounting practices related to revenue recognition. Oracle was forced to restate its earnings, its stock price plummeted, and the company narrowly avoided insolvency. Ellison responded by restructuring Oracle's management and tightening financial controls, a turnaround that is frequently studied in business case analyses.


Under Ellison's leadership as CEO, Oracle grew rapidly through the 1980s and 1990s, becoming one of the dominant forces in the enterprise software industry. The company's relational database software became the industry standard for large corporations, government agencies, and institutions that required robust data management systems. Oracle went public in 1986, and its stock market debut provided the capital necessary for further expansion.
Throughout the late 1990s and 2000s, Ellison pursued an ambitious acquisition strategy, purchasing numerous software companies to expand Oracle's product portfolio beyond databases into enterprise applications, middleware, and hardware. Major acquisitions included PeopleSoft (completed in 2005 after a hostile takeover battle), Siebel Systems, BEA Systems, and Sun Microsystems. The Sun Microsystems acquisition, completed in 2010, brought Oracle into the hardware business and gave it control of the Java programming language and the Solaris operating system.


The growth was not without setbacks. In the early 1990s, Oracle faced a financial crisis brought on by aggressive accounting practices and overly optimistic sales projections. The company was forced to restate its earnings, its stock price dropped substantially, and layoffs followed. Ellison responded by restructuring Oracle's sales organization and refocusing the company on its core database products. The crisis, while damaging, ultimately resulted in tighter financial controls and a more disciplined corporate culture.
Ellison was a vocal competitor in the enterprise technology marketplace and frequently engaged in public rivalries with other technology executives and companies. His combative approach extended to legal battles, most notably Oracle's long-running litigation with SAP over intellectual property theft and its separate lawsuit against Google over the use of Java application programming interfaces in the Android operating system.


Throughout the 1990s and 2000s, Ellison positioned Oracle as a direct competitor to major technology companies including Microsoft, IBM, and SAP. His public rivalry with Microsoft and its co-founder Bill Gates became one of the most prominent feuds in the technology industry.<ref>{{cite news |date=1999 |title=Microsoft vs Oracle |url=http://news.bbc.co.uk/2/hi/in_depth/business/2000/microsoft/635364.stm |work=BBC News |access-date=2026-02-24}}</ref> Ellison was known for making provocative public statements about competitors, a style that earned him both admirers and critics within the technology sector.
=== Transition from CEO ===


=== Acquisition Strategy ===
In September 2014, Ellison stepped down as CEO of Oracle, a position he had held for 37 years. He assumed the roles of chief technology officer and executive chairman of the board of directors. Mark Hurd and Safra Catz were named co-CEOs. Ellison stated at the time that the transition would allow him to focus more directly on product engineering and technology strategy. Following Mark Hurd's death in 2019, Safra Catz became sole CEO.


One of the defining features of Ellison's business strategy was an aggressive approach to corporate acquisitions. Beginning in the mid-2000s, Oracle embarked on a series of large-scale purchases that fundamentally transformed the company from a database software provider into a comprehensive enterprise technology conglomerate. Major acquisitions under Ellison's tenure included PeopleSoft (acquired in 2005 after a contentious hostile takeover bid), Siebel Systems (2006), BEA Systems (2008), Sun Microsystems (2010), and numerous other companies.
Despite relinquishing the CEO title, Ellison has remained deeply involved in Oracle's strategic decisions. His compensation as CTO and chairman has been a subject of public discussion. Reporting by Equilar and other executive compensation tracking services documented his receipt of substantial stock option grants during his tenure as CEO.<ref>{{cite web |title=CEO Compensation: Oracle Lawrence J. Ellison |url=http://www.equilar.com/CEO_Compensation/Oracle_Lawrence_J._Ellison.php |publisher=Equilar |access-date=2026-02-24}}</ref><ref>{{cite web |title=CEO Compensation: ORACLE CORP Lawrence J. Ellison |url=http://www.equilar.com/CEO_Compensation/ORACLE_CORP_Lawrence_J._Ellison.php |publisher=Equilar |access-date=2026-02-24}}</ref> In 2009, Ellison received additional options grants, a practice that drew scrutiny from corporate governance watchdogs.<ref>{{cite web |title=Here we go again: Oracle's Ellison gets more options |url=http://www.siliconbeat.com/2009/07/13/here-we-go-again-oracles-ellison-gets-more-options |publisher=SiliconBeat |date=2009-07-13 |access-date=2026-02-24}}</ref>


The PeopleSoft acquisition was particularly notable for its combative nature. Ellison launched a hostile bid for the rival enterprise software company in 2003, initiating a protracted battle that included regulatory scrutiny from the U.S. Department of Justice, a lawsuit by the state of Connecticut, and public opposition from PeopleSoft's management. Oracle ultimately prevailed and completed the acquisition for approximately $10.3 billion, integrating PeopleSoft's human resources and enterprise resource planning software into its product portfolio.
Ellison also settled an insider trading lawsuit related to stock sales, the details of which were reported by InfoWorld.<ref>{{cite web |title=Ellison settle insider trading suit |url=http://www.infoworld.com/t/business/ellison-settle-insider-trading-suit-149 |publisher=InfoWorld |access-date=2026-02-24}}</ref>


The 2010 acquisition of Sun Microsystems for approximately $7.4 billion was strategically significant because it gave Oracle control of the Java programming language, the Solaris operating system, and Sun's server hardware business. This acquisition marked Oracle's entry into the hardware market and provided the company with a more vertically integrated product stack.
=== Oracle Cloud and Recent Strategy ===


=== Transition from CEO and Cloud Computing ===
In the 2020s, Oracle pivoted aggressively toward cloud computing, seeking to compete with Amazon Web Services, Microsoft Azure, and Google Cloud. Ellison championed Oracle Cloud Infrastructure (OCI) as a next-generation cloud platform and positioned Oracle as a key provider of cloud-based database and enterprise application services. This strategic shift contributed to a significant increase in Oracle's stock price and market capitalization.


In September 2014, Ellison stepped down as CEO of Oracle, transitioning to the roles of executive chairman and chief technology officer. He was succeeded as CEO by Safra Catz and Mark Hurd, who served as co-CEOs. Following Mark Hurd's death in 2019, Catz continued as sole CEO. Despite relinquishing the CEO title, Ellison remained deeply involved in Oracle's strategic direction, particularly its push into cloud computing.
=== TikTok and Technology-Policy Intersection ===


Under Ellison's technical leadership, Oracle invested heavily in building out its cloud infrastructure platform, Oracle Cloud Infrastructure (OCI), seeking to compete with established cloud providers including Amazon Web Services, Microsoft Azure, and Google Cloud. The cloud transition represented a fundamental shift in Oracle's business model, moving from traditional on-premises software licensing to subscription-based cloud services.
In January 2026, Oracle became a central player in the restructured ownership of TikTok's U.S. operations as part of a deal valued at $14 billion that was designed to address national security concerns about the social media platform's Chinese parent company, ByteDance. Under the terms of the arrangement, Oracle joined a consortium of American investors and technology firms in acquiring a stake in TikTok's U.S. business.<ref>{{cite news |date=2026-01-22 |title=TikTok lands $14B deal to avoid US ban |url=https://www.politico.com/news/2026/01/22/deal-for-us-ownership-of-tiktok-is-closed-company-says-00743145 |work=Politico |access-date=2026-02-24}}</ref> The New York Times reported that several of the companies and investment firms involved in the new American TikTok had ties to one another and to President Donald Trump.<ref>{{cite news |date=2026-01-22 |title=Who Owns TikTok in the U.S. Now? |url=https://www.nytimes.com/2026/01/22/business/media/tiktok-investors-oracle-mgx-silver-lake-bytedance.html |work=The New York Times |access-date=2026-02-24}}</ref> Ellison's relationship with Trump was widely noted in coverage of the deal, with Politico describing him as a "Trump ally."<ref>{{cite news |date=2026-01-22 |title=TikTok lands $14B deal to avoid US ban |url=https://www.politico.com/news/2026/01/22/deal-for-us-ownership-of-tiktok-is-closed-company-says-00743145 |work=Politico |access-date=2026-02-24}}</ref> Slate published analysis characterizing the deal's terms as unfavorable to American interests.<ref>{{cite web |title=The TikTok Deal Is Awful |url=https://slate.com/technology/2026/01/tiktok-deal-donald-trump-larry-ellison-oracle.html |publisher=Slate |date=2026-01 |access-date=2026-02-24}}</ref>


=== TikTok and Recent Technology Ventures ===
=== Media Ventures: Paramount and CBS ===


In January 2026, Oracle became a key participant in the deal to restructure TikTok's U.S. operations to avoid a federal ban. The arrangement, which valued TikTok's U.S. operations at approximately $14 billion, included Oracle as a major technology and infrastructure partner.<ref name="politico">{{cite news |date=2026-01-22 |title=TikTok lands $14B deal to avoid US ban |url=https://www.politico.com/news/2026/01/22/deal-for-us-ownership-of-tiktok-is-closed-company-says-00743145 |work=Politico |access-date=2026-02-24}}</ref> The deal drew attention to Ellison's relationship with President Donald Trump, as multiple parties involved in the restructuring had connections to the administration.<ref name="nyt-tiktok">{{cite news |date=2026-01-22 |title=Who Owns TikTok in the U.S. Now? |url=https://www.nytimes.com/2026/01/22/business/media/tiktok-investors-oracle-mgx-silver-lake-bytedance.html |work=The New York Times |access-date=2026-02-24}}</ref> Some commentators criticized the arrangement, questioning whether the deal adequately addressed national security concerns.<ref>{{cite web |title=The TikTok Deal Is Awful |url=https://slate.com/technology/2026/01/tiktok-deal-donald-trump-larry-ellison-oracle.html |publisher=Slate |date=2026-01 |access-date=2026-02-24}}</ref>
By early 2026, the Ellison family's business interests had expanded significantly into the media industry. Larry Ellison's son, David Ellison, through his company Skydance Media, completed a deal to acquire Paramount Global, the entertainment conglomerate that owns CBS, Paramount Pictures, and other media properties. Axios reported that the father-and-son duo faced "an even bigger obstacle" after the dealmaking concluded: "proving they can run" a media empire.<ref>{{cite web |title=The challenges facing the Ellisons' media empire |url=https://www.axios.com/2026/01/24/ellison-media-paramount-cbs |publisher=Axios |date=2026-01-24 |access-date=2026-02-24}}</ref>


=== Media Interests ===
The acquisition drew heightened scrutiny in February 2026 when incidents involving CBS News personalities Anderson Cooper and Stephen Colbert raised questions about editorial independence at the network. The Guardian reported that CBS News was "convulsing" under the new ownership structure, with columnist Margaret Sullivan writing that the incidents suggested the network was being shaped to align with the political preferences of the Trump administration, financed in part by Ellison's involvement.<ref>{{cite news |last=Sullivan |first=Margaret |date=2026-02-21 |title=CBS News is convulsing as Larry Ellison tries to please Trump |url=https://www.theguardian.com/commentisfree/2026/feb/21/cbs-trump-anderson-cooper-stephen-colbert-paramount |work=The Guardian |access-date=2026-02-24}}</ref>


Through his son David Ellison's company, Skydance Media, the Ellison family expanded into the entertainment and media industries. In a deal that closed in 2025, Skydance acquired Paramount Global, the parent company of CBS News, Paramount Pictures, and other media properties. The acquisition was financed in part by Larry Ellison's personal wealth. As of early 2026, the father-and-son duo faced significant challenges in managing the media conglomerate, including tensions at CBS News related to editorial direction and high-profile on-air incidents involving anchors Anderson Cooper and Stephen Colbert.<ref name="guardian">{{cite news |date=2026-02-21 |title=CBS News is convulsing as Larry Ellison tries to please Trump |url=https://www.theguardian.com/commentisfree/2026/feb/21/cbs-trump-anderson-cooper-stephen-colbert-paramount |work=The Guardian |access-date=2026-02-24}}</ref><ref name="axios" />
== Personal Life ==


=== Compensation ===
Ellison has been married five times. His first marriage was to Adda Quinn in 1967; they divorced in 1974. He married Nancy Wheeler Jenkins in 1977, but the marriage ended in 1978. His third marriage, to Barbara Boothe in 1983, produced two children, David and Megan Ellison, before ending in divorce in 1986. Both children have gone on to careers in entertainment; David Ellison founded Skydance Media, and Megan Ellison founded Annapurna Pictures. Ellison married novelist Melanie Craft in 2003, with the wedding reported to have been officiated by his close friend Steve Jobs; they divorced in 2010.<ref>{{cite web |title=Melanie Craft |url=http://tech.fortune.cnn.com/tag/melanie-craft/ |publisher=Fortune |access-date=2026-02-24}}</ref> His fifth marriage was to Nikita Kahn, from 2015 to 2020.


Throughout his tenure at Oracle, Ellison's executive compensation was a subject of public scrutiny and shareholder debate. His compensation packages frequently placed him among the highest-paid executives in the United States, combining salary, stock options, and other benefits.<ref>{{cite web |title=Oracle CEO Compensation — Lawrence J. Ellison |url=http://www.equilar.com/CEO_Compensation/ORACLE_CORP_Lawrence_J._Ellison.php |publisher=Equilar |access-date=2026-02-24}}</ref><ref>{{cite web |title=Oracle CEO Compensation |url=http://www.equilar.com/CEO_Compensation/Oracle_Lawrence_J._Ellison.php |publisher=Equilar |access-date=2026-02-24}}</ref> In 2009, Oracle granted Ellison additional stock options, continuing a pattern of substantial equity-based compensation that had drawn criticism from corporate governance advocates.<ref>{{cite news |date=2009-07-13 |title=Here we go again: Oracle's Ellison gets more options |url=http://www.siliconbeat.com/2009/07/13/here-we-go-again-oracles-ellison-gets-more-options |work=SiliconBeat |access-date=2026-02-24}}</ref>
Ellison is an avid yachtsman and has owned several notable superyachts. One vessel, built in Germany, was initially christened ''Izanami'' before Ellison had it renamed after discovering that reversing the name produced an unintended and offensive result.<ref>{{cite news |date=2026-01-16 |title=Billionaire Larry Ellison scrambled to rename yacht after coming to horrifying realization about its name |url=https://nypost.com/2026/01/16/us-news/larry-ellison-scrambles-to-rename-yacht-after-coming-to-horrifying-realization-about-its-name/ |work=New York Post |access-date=2026-02-24}}</ref> His interest in yachts and sailing has been covered extensively, including by Minyanville, which profiled his architectural and nautical pursuits.<ref>{{cite web |title=Ellison, Yachts, CEOs, Architecture, Immortality |url=http://www.minyanville.com/investing/articles/ORCL-ellison-yachts-ceos-architecture-immortality/8/28/2008/id/18703 |publisher=Minyanville |date=2008-08-28 |access-date=2026-02-24}}</ref>


Ellison also settled a securities lawsuit related to insider trading allegations. While the details of the settlement did not constitute an admission of wrongdoing, the case drew attention to executive stock trading practices at major technology companies.<ref>{{cite news |title=Ellison settles insider trading suit |url=http://www.infoworld.com/t/business/ellison-settle-insider-trading-suit-149 |work=InfoWorld |access-date=2026-02-24}}</ref>
Ellison is known for his interest in Japanese architecture and culture. His primary residence in Woodside, California, was designed in the style of a Japanese imperial estate, with traditional elements including koi ponds, wooden bridges, and period-appropriate structures.<ref>{{cite web |title=Japanese Imperial Palace of Oracle CEO's |url=http://www.house-arch.com/japanese-imperial-palace-of-oracle-ceo%E2%80%99s.html |publisher=House-Arch.com |access-date=2026-02-24}}</ref> Ellison also maintains extensive real estate holdings. In early 2026, The Wall Street Journal reported that he sold a home on San Francisco's Pacific Heights for $45 million, a property he had previously remodeled.<ref>{{cite news |date=2026-01 |title=Billionaire Larry Ellison Sells $45 Million Home on San Francisco's Gold Coast |url=https://www.wsj.com/real-estate/luxury-homes/larry-ellison-san-francisco-pacific-heights-home-7b601db9 |work=The Wall Street Journal |access-date=2026-02-24}}</ref>


== Personal Life ==
Ellison purchased approximately 98 percent of the island of Lānaʻi, the sixth-largest of the Hawaiian Islands, in 2012. The purchase included the island's two Four Seasons resorts and much of its infrastructure.


Ellison has been married five times. His first marriage was to Adda Quinn in 1967; they divorced in 1974. He married Nancy Wheeler Jenkins in 1977, divorcing a year later in 1978. His third marriage, to Barbara Boothe in 1983, produced two children, David and Megan Ellison, before ending in divorce in 1986. He married novelist Melanie Craft in 2003, with the couple divorcing in 2010.<ref>{{cite web |title=Melanie Craft |url=http://tech.fortune.cnn.com/tag/melanie-craft/ |publisher=Fortune |access-date=2026-02-24}}</ref> His fifth marriage was to Nikita Kahn in 2015, which ended in divorce in 2020.
=== Sailing and the America's Cup ===


Both of Ellison's children have pursued careers in the entertainment industry. David Ellison founded Skydance Media, while Megan Ellison founded Annapurna Pictures. The involvement of both children in film production has made the Ellison family one of the most prominent families in both the technology and entertainment sectors.
Ellison has been a competitive sailor for decades and was the driving force behind Oracle Team USA's participation in the America's Cup. In 2010, Oracle Team USA won the 33rd America's Cup and went on to defend the trophy in 2013 at the 34th America's Cup in San Francisco Bay. The 2013 defense was dramatic; Oracle Team USA came back from an 8–1 deficit to defeat Emirates Team New Zealand 9–8 in one of the most remarkable comebacks in sailing history. However, the campaign was marred by controversy. Prior to the start of the regatta, Oracle Team USA was penalized two points for unauthorized modifications to its boats, a sanction that added to the difficulty of the team's position.<ref>{{cite news |title=America's Cup: Team Oracle USA penalized two points |url=http://www.mercurynews.com/sports/ci_24006797/americas-cup-team-oracle-usa-penalized-two-points |work=San Jose Mercury News |access-date=2026-02-24}}</ref> Ellison's competitive sailing activities have also been documented by Sailing Scuttlebutt and other sailing media outlets.<ref>{{cite web |title=Sailing Scuttlebutt coverage |url=http://www.sailingscuttlebutt.com/news/07/cf/ |publisher=Sailing Scuttlebutt |access-date=2026-02-24}}</ref>


Ellison is known for his extensive personal real estate holdings. He has owned properties throughout California, including a Japanese-style estate in Woodside, California, which was modeled after a 16th-century Japanese imperial palace.<ref>{{cite web |title=Japanese Imperial Palace of Oracle CEO's |url=http://www.house-arch.com/japanese-imperial-palace-of-oracle-ceo%E2%80%99s.html |publisher=House-Arch.com |access-date=2026-02-24}}</ref> In early 2026, Ellison sold a home in San Francisco's Pacific Heights neighborhood for approximately $45 million, after having extensively remodeled the property.<ref>{{cite news |date=2026-01 |title=Billionaire Larry Ellison Sells $45 Million Home on San Francisco's Gold Coast |url=https://www.wsj.com/real-estate/luxury-homes/larry-ellison-san-francisco-pacific-heights-home-7b601db9 |work=The Wall Street Journal |access-date=2026-02-24}}</ref>
== Philanthropy ==


Ellison owns approximately 98% of the land on Lānaʻi, the sixth-largest Hawaiian island, which he purchased in 2012 for a reported $300 million. He has invested in sustainable energy projects and resort development on the island.
Ellison has made significant philanthropic commitments over his career, though some pledges have not been fulfilled. In 2006, the Boston Globe reported that Ellison canceled a $115 million gift to Harvard University that had been previously announced.<ref>{{cite news |title=Oracle's CEO cancels $115m gift to Harvard |url=http://www.boston.com/news/education/higher/articles/2006/06/28/oracles_ceo_cancels_115m_gift_to_harvard/ |work=Boston Globe |date=2006-06-28 |access-date=2026-02-24}}</ref> Ellison signed the Giving Pledge in 2010, committing to give the majority of his wealth to charitable causes during or after his lifetime. His philanthropic interests have focused on medical research, education, and wildlife conservation.


=== Yachts and Sailing ===
== Legal and Regulatory Matters ==


Ellison is an avid sailor and yacht enthusiast. He has owned multiple large yachts and has competed in high-level sailing competitions, including the America's Cup. His Oracle Team USA won the America's Cup in 2010 and successfully defended the title in 2013 in a dramatic come-from-behind victory in San Francisco Bay, though the team was also penalized two points before racing began due to rule violations involving illegal modifications to boats used in preliminary races.<ref>{{cite news |date=2013 |title=America's Cup: Team Oracle USA penalized two points |url=http://www.mercurynews.com/sports/ci_24006797/americas-cup-team-oracle-usa-penalized-two-points |work=San Jose Mercury News |access-date=2026-02-24}}</ref><ref>{{cite web |title=Sailing Scuttlebutt |url=http://www.sailingscuttlebutt.com/news/07/cf/ |publisher=Sailing Scuttlebutt |access-date=2026-02-24}}</ref>
Over the course of his career, Ellison has been involved in a number of legal proceedings related to Oracle's business practices and his personal financial transactions. He settled an insider trading suit that arose from allegations concerning his stock sales.<ref>{{cite web |title=Ellison settle insider trading suit |url=http://www.infoworld.com/t/business/ellison-settle-insider-trading-suit-149 |publisher=InfoWorld |access-date=2026-02-24}}</ref> Oracle itself was involved in the broader antitrust and competition landscape of the enterprise technology industry, including extensive proceedings during its attempted acquisition of PeopleSoft.


Ellison's yachts have themselves attracted media attention. In 2026, the ''New York Post'' reported that Ellison had hastily renamed a newly built German-manufactured yacht, the ''Izanami'', after discovering that the name spelled backwards produced an unintended vulgarity.<ref>{{cite news |date=2026-01-16 |title=Billionaire Larry Ellison scrambled to rename yacht after coming to horrifying realization about its name |url=https://nypost.com/2026/01/16/us-news/larry-ellison-scrambles-to-rename-yacht-after-coming-to-horrifying-realization-about-its-name/ |work=New York Post |access-date=2026-02-24}}</ref> His collection of superyachts has been documented extensively in maritime and luxury publications.<ref>{{cite web |title=Larry Ellison Superyachts |url=http://www.superyachttimes.com/superyachttimes/www/editorial/20/article/id/5141 |publisher=SuperYacht Times |access-date=2026-02-24}}</ref><ref>{{cite web |title=Ellison, yachts, CEOs, architecture, immortality |url=http://www.minyanville.com/investing/articles/ORCL-ellison-yachts-ceos-architecture-immortality/8/28/2008/id/18703 |publisher=Minyanville |date=2008-08-28 |access-date=2026-02-24}}</ref>
Ellison's role in the technology industry also intersected with the landmark antitrust case against Microsoft in the late 1990s. The BBC reported on connections between Oracle and the broader industry effort to challenge Microsoft's market dominance during that period.<ref>{{cite news |title=Oracle and the Microsoft antitrust case |url=http://news.bbc.co.uk/2/hi/in_depth/business/2000/microsoft/635364.stm |work=BBC News |access-date=2026-02-24}}</ref>


== Recognition ==
== Recognition ==


Ellison's career in technology has resulted in significant public recognition and media attention. He has been a regular fixture on the ''Forbes'' list of the world's wealthiest individuals for decades, consistently ranking among the top ten. On September 10, 2025, following a surge in Oracle's stock price, Ellison was briefly ranked as the wealthiest person in the world, with an estimated net worth of approximately $393 billion.<ref>{{cite web |title=Bloomberg Billionaires Index |url=http://topics.bloomberg.com/bloomberg-billionaires-index/ |publisher=Bloomberg |access-date=2026-02-24}}</ref>
Ellison's career at Oracle has made him one of the most prominent figures in the history of the technology industry. His ranking among the world's wealthiest individuals, as tracked by the Bloomberg Billionaires Index and Forbes, has placed him consistently among the top five richest people globally.<ref>{{cite web |title=Bloomberg Billionaires Index |url=http://topics.bloomberg.com/bloomberg-billionaires-index/ |publisher=Bloomberg |access-date=2026-02-24}}</ref> On September 10, 2025, following a surge in Oracle's stock price, Ellison was briefly calculated to be the wealthiest person in the world, with an estimated net worth of $393 billion.


The ''New York Times'' has maintained an ongoing profile of Ellison documenting his business career, philanthropy, and personal life.<ref>{{cite web |title=Lawrence J. Ellison News |url=http://topics.nytimes.com/top/reference/timestopics/people/e/lawrence_j_ellison/index.html |publisher=The New York Times |access-date=2026-02-24}}</ref> He has been profiled extensively in business and technology media, and multiple biographies have been written about his life and career, including ''The Difference Between God and Larry Ellison'' by Mike Wilson and ''Softwar: An Intimate Portrait of Larry Ellison and Oracle'' by Matthew Symonds.
The New York Times has maintained a biographical topic page on Ellison, reflecting his status as a figure of sustained public interest over multiple decades.<ref>{{cite web |title=Lawrence J. Ellison |url=http://topics.nytimes.com/top/reference/timestopics/people/e/lawrence_j_ellison/index.html |publisher=The New York Times |access-date=2026-02-24}}</ref> Coverage of Ellison in the San Francisco Chronicle, the San Jose Mercury News, and other Bay Area publications has documented both his professional achievements and his prominent role in the cultural life of Silicon Valley.<ref>{{cite news |title=Larry Ellison profile |url=http://www.sfgate.com/cgi-bin/article.cgi?file=/chronicle/archive/2004/01/14/MNGS649LVB1.DTL |work=San Francisco Chronicle |date=2004-01-14 |access-date=2026-02-24}}</ref>
 
Ellison has been recognized both for his contributions to database technology and for his competitive approach to business. Oracle's development and commercialization of relational database technology fundamentally changed how organizations store, manage, and retrieve data, and the company's products remain in use at a large proportion of the world's major corporations and government agencies.


== Legacy ==
== Legacy ==


Larry Ellison's legacy is primarily defined by his role in building Oracle Corporation into one of the largest and most influential technology companies in history. The company's relational database management system became a foundational technology for the modern enterprise computing landscape, and Oracle's subsequent expansion into enterprise applications, middleware, and cloud computing created a comprehensive technology ecosystem used by organizations worldwide.
Larry Ellison's impact on the technology industry is primarily defined by his role in making relational database technology the foundation of modern enterprise computing. Under his leadership, Oracle grew from a startup to one of the largest software companies in the world, and the Oracle database became a ubiquitous component of corporate information technology infrastructure across virtually every industry and government sector.


Ellison's management style — characterized by combativeness, bold strategic bets, and a willingness to engage in protracted corporate battles — shaped not only Oracle but also influenced the broader culture of Silicon Valley. His approach to acquisitions, in particular, set a template that other technology companies would follow, demonstrating that growth through purchasing competitors and complementary businesses could be an effective strategy in the software industry.
Ellison's management style—characterized by aggressive competition, rapid acquisition, and a willingness to engage in protracted legal and business disputes—shaped not only Oracle but also the broader dynamics of the enterprise software market. His acquisition strategy, which consolidated dozens of companies under the Oracle umbrella, transformed the company from a database vendor into a comprehensive enterprise technology provider and anticipated the platform-based consolidation that later became common in the technology industry.


Beyond technology, Ellison's ownership of Lānaʻi, his competitive sailing career, and his family's expanding involvement in media through the Paramount Global acquisition have extended his influence across multiple industries. The Ellison family's combined presence in technology, entertainment, and media represents one of the more significant concentrations of corporate influence across American industries in the early 21st century.<ref name="axios" /><ref name="guardian" />
His competitive intensity extended beyond business. The America's Cup campaigns he financed brought new technology, design innovation, and international attention to competitive sailing, while his ownership of Lānaʻi represented an unusual venture into community development and island stewardship.


Ellison's career also raises questions that are frequently discussed in the context of wealth concentration, executive compensation, and the intersection of technology and political power. His relationship with political figures, including President Trump, and Oracle's involvement in the TikTok restructuring deal have placed Ellison at the center of ongoing debates about the role of technology executives in American governance and policy.<ref name="politico" /><ref name="nyt-tiktok" />
As of early 2026, with Oracle's expanding role in cloud infrastructure, the TikTok deal, and the Ellison family's entry into media through Paramount Global, Ellison's influence extends across technology, media, and policy in ways that continue to evolve.


== References ==
== References ==
<references />
<references />


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Latest revision as of 07:01, 24 February 2026


Larry Ellison
BornLawrence Joseph Ellison
17 8, 1944
BirthplaceNew York City, U.S.
NationalityAmerican
OccupationBusiness executive, entrepreneur
TitleCo-founder, executive chairman and CTO of Oracle Corporation
Known forCo-founding Oracle Corporation
Spouse(s)Template:Plainlist

Lawrence Joseph Ellison (born August 17, 1944) is an American billionaire businessman, entrepreneur, and technologist who co-founded the software company Oracle Corporation, one of the world's largest enterprise technology firms. Ellison served as Oracle's chief executive officer from the company's founding in 1977 until 2014, when he transitioned to the roles of chief technology officer and executive chairman of the board. Over the course of nearly five decades, he built Oracle from a small database software startup into a global powerhouse in enterprise computing, cloud infrastructure, and business applications. Beyond the technology industry, Ellison has drawn public attention for his extensive real estate holdings—including ownership of approximately 98 percent of the Hawaiian island of Lānaʻi—his competitive sailing pursuits, and his involvement in major media and technology deals. In early 2026, Oracle's role as a key partner in the restructured ownership of TikTok's U.S. operations placed Ellison once again at the center of a significant intersection of technology and politics.[1] Together with his son David Ellison, he has also expanded into the media sector through the acquisition of Paramount Global.[2]

Early Life

Lawrence Joseph Ellison was born on August 17, 1944, in New York City. His mother, Florence Spellman, was a 19-year-old unmarried woman. After Ellison contracted pneumonia as an infant, his mother gave him to her aunt and uncle, Lillian and Louis Ellison, who adopted him and raised him on the South Side of Chicago, Illinois. He grew up in a middle-class Jewish household. Louis Ellison, his adoptive father, was a Russian immigrant who had changed his surname after arriving at Ellis Island.

Ellison has described his upbringing as modest but not impoverished. His adoptive father, who had lost much of his real estate holdings during the Great Depression, was a critical and distant figure, while his adoptive mother was more nurturing. Ellison did not learn the full details of his adoption until he was 12 years old, a revelation that had a significant impact on his sense of identity.

As a young man, Ellison showed academic promise but also a restless independence. He has spoken publicly about how his early encounters with computers captivated him, comparing the immediate feedback of programming to the instant gratification of competitive sports such as basketball. In a 2026 interview, Ellison explained that what drew him to computers was the clarity of outcomes: "You win or lose very quickly," he said, likening the experience to the scorekeeping in basketball that had appealed to him as a youth.[3]

Education

Ellison attended the University of Illinois at Urbana-Champaign, where he was named science student of the year during his second year. However, following the death of his adoptive mother, he dropped out of college. He subsequently enrolled at the University of Chicago for one term but left without completing a degree. Despite lacking formal academic credentials, Ellison's self-directed education in computer science and programming would prove instrumental in his later career. He moved to northern California in the mid-1960s, where he began working in the nascent technology sector.

Career

Founding of Oracle

After arriving in California, Ellison worked at various technology companies, gaining experience in database programming and systems design. He was employed at the electronics company Ampex, among other firms, where he worked on projects related to data management. During this period, Ellison became familiar with a research paper by Edgar F. Codd, published by IBM, which described a relational database model. Recognizing the commercial potential of this concept, Ellison, along with co-founders Bob Miner and Ed Oates, established Software Development Laboratories (SDL) in 1977. The company's first major project was building a relational database management system for the Central Intelligence Agency, codenamed "Oracle." The company later renamed itself Oracle Systems Corporation, and eventually Oracle Corporation, after its flagship product.

Oracle's relational database was among the first commercially available products of its kind. The company's early growth was driven by the increasing demand for database management systems in government and enterprise settings. Ellison served as chief executive officer from the company's inception, setting its strategic direction and cultivating an aggressive corporate culture focused on sales growth and market dominance.

Growth and Expansion

Under Ellison's leadership throughout the 1980s and 1990s, Oracle grew rapidly to become one of the dominant players in enterprise software. The company went public in 1986, and its database products became the industry standard for large-scale data management in corporations, government agencies, and academic institutions worldwide.

Oracle's growth was not without turbulence. In the early 1990s, the company faced a financial crisis brought on by aggressive accounting practices related to revenue recognition. Oracle was forced to restate its earnings, its stock price plummeted, and the company narrowly avoided insolvency. Ellison responded by restructuring Oracle's management and tightening financial controls, a turnaround that is frequently studied in business case analyses.

Throughout the late 1990s and 2000s, Ellison pursued an ambitious acquisition strategy, purchasing numerous software companies to expand Oracle's product portfolio beyond databases into enterprise applications, middleware, and hardware. Major acquisitions included PeopleSoft (completed in 2005 after a hostile takeover battle), Siebel Systems, BEA Systems, and Sun Microsystems. The Sun Microsystems acquisition, completed in 2010, brought Oracle into the hardware business and gave it control of the Java programming language and the Solaris operating system.

Ellison was a vocal competitor in the enterprise technology marketplace and frequently engaged in public rivalries with other technology executives and companies. His combative approach extended to legal battles, most notably Oracle's long-running litigation with SAP over intellectual property theft and its separate lawsuit against Google over the use of Java application programming interfaces in the Android operating system.

Transition from CEO

In September 2014, Ellison stepped down as CEO of Oracle, a position he had held for 37 years. He assumed the roles of chief technology officer and executive chairman of the board of directors. Mark Hurd and Safra Catz were named co-CEOs. Ellison stated at the time that the transition would allow him to focus more directly on product engineering and technology strategy. Following Mark Hurd's death in 2019, Safra Catz became sole CEO.

Despite relinquishing the CEO title, Ellison has remained deeply involved in Oracle's strategic decisions. His compensation as CTO and chairman has been a subject of public discussion. Reporting by Equilar and other executive compensation tracking services documented his receipt of substantial stock option grants during his tenure as CEO.[4][5] In 2009, Ellison received additional options grants, a practice that drew scrutiny from corporate governance watchdogs.[6]

Ellison also settled an insider trading lawsuit related to stock sales, the details of which were reported by InfoWorld.[7]

Oracle Cloud and Recent Strategy

In the 2020s, Oracle pivoted aggressively toward cloud computing, seeking to compete with Amazon Web Services, Microsoft Azure, and Google Cloud. Ellison championed Oracle Cloud Infrastructure (OCI) as a next-generation cloud platform and positioned Oracle as a key provider of cloud-based database and enterprise application services. This strategic shift contributed to a significant increase in Oracle's stock price and market capitalization.

TikTok and Technology-Policy Intersection

In January 2026, Oracle became a central player in the restructured ownership of TikTok's U.S. operations as part of a deal valued at $14 billion that was designed to address national security concerns about the social media platform's Chinese parent company, ByteDance. Under the terms of the arrangement, Oracle joined a consortium of American investors and technology firms in acquiring a stake in TikTok's U.S. business.[8] The New York Times reported that several of the companies and investment firms involved in the new American TikTok had ties to one another and to President Donald Trump.[9] Ellison's relationship with Trump was widely noted in coverage of the deal, with Politico describing him as a "Trump ally."[10] Slate published analysis characterizing the deal's terms as unfavorable to American interests.[11]

Media Ventures: Paramount and CBS

By early 2026, the Ellison family's business interests had expanded significantly into the media industry. Larry Ellison's son, David Ellison, through his company Skydance Media, completed a deal to acquire Paramount Global, the entertainment conglomerate that owns CBS, Paramount Pictures, and other media properties. Axios reported that the father-and-son duo faced "an even bigger obstacle" after the dealmaking concluded: "proving they can run" a media empire.[12]

The acquisition drew heightened scrutiny in February 2026 when incidents involving CBS News personalities Anderson Cooper and Stephen Colbert raised questions about editorial independence at the network. The Guardian reported that CBS News was "convulsing" under the new ownership structure, with columnist Margaret Sullivan writing that the incidents suggested the network was being shaped to align with the political preferences of the Trump administration, financed in part by Ellison's involvement.[13]

Personal Life

Ellison has been married five times. His first marriage was to Adda Quinn in 1967; they divorced in 1974. He married Nancy Wheeler Jenkins in 1977, but the marriage ended in 1978. His third marriage, to Barbara Boothe in 1983, produced two children, David and Megan Ellison, before ending in divorce in 1986. Both children have gone on to careers in entertainment; David Ellison founded Skydance Media, and Megan Ellison founded Annapurna Pictures. Ellison married novelist Melanie Craft in 2003, with the wedding reported to have been officiated by his close friend Steve Jobs; they divorced in 2010.[14] His fifth marriage was to Nikita Kahn, from 2015 to 2020.

Ellison is an avid yachtsman and has owned several notable superyachts. One vessel, built in Germany, was initially christened Izanami before Ellison had it renamed after discovering that reversing the name produced an unintended and offensive result.[15] His interest in yachts and sailing has been covered extensively, including by Minyanville, which profiled his architectural and nautical pursuits.[16]

Ellison is known for his interest in Japanese architecture and culture. His primary residence in Woodside, California, was designed in the style of a Japanese imperial estate, with traditional elements including koi ponds, wooden bridges, and period-appropriate structures.[17] Ellison also maintains extensive real estate holdings. In early 2026, The Wall Street Journal reported that he sold a home on San Francisco's Pacific Heights for $45 million, a property he had previously remodeled.[18]

Ellison purchased approximately 98 percent of the island of Lānaʻi, the sixth-largest of the Hawaiian Islands, in 2012. The purchase included the island's two Four Seasons resorts and much of its infrastructure.

Sailing and the America's Cup

Ellison has been a competitive sailor for decades and was the driving force behind Oracle Team USA's participation in the America's Cup. In 2010, Oracle Team USA won the 33rd America's Cup and went on to defend the trophy in 2013 at the 34th America's Cup in San Francisco Bay. The 2013 defense was dramatic; Oracle Team USA came back from an 8–1 deficit to defeat Emirates Team New Zealand 9–8 in one of the most remarkable comebacks in sailing history. However, the campaign was marred by controversy. Prior to the start of the regatta, Oracle Team USA was penalized two points for unauthorized modifications to its boats, a sanction that added to the difficulty of the team's position.[19] Ellison's competitive sailing activities have also been documented by Sailing Scuttlebutt and other sailing media outlets.[20]

Philanthropy

Ellison has made significant philanthropic commitments over his career, though some pledges have not been fulfilled. In 2006, the Boston Globe reported that Ellison canceled a $115 million gift to Harvard University that had been previously announced.[21] Ellison signed the Giving Pledge in 2010, committing to give the majority of his wealth to charitable causes during or after his lifetime. His philanthropic interests have focused on medical research, education, and wildlife conservation.

Legal and Regulatory Matters

Over the course of his career, Ellison has been involved in a number of legal proceedings related to Oracle's business practices and his personal financial transactions. He settled an insider trading suit that arose from allegations concerning his stock sales.[22] Oracle itself was involved in the broader antitrust and competition landscape of the enterprise technology industry, including extensive proceedings during its attempted acquisition of PeopleSoft.

Ellison's role in the technology industry also intersected with the landmark antitrust case against Microsoft in the late 1990s. The BBC reported on connections between Oracle and the broader industry effort to challenge Microsoft's market dominance during that period.[23]

Recognition

Ellison's career at Oracle has made him one of the most prominent figures in the history of the technology industry. His ranking among the world's wealthiest individuals, as tracked by the Bloomberg Billionaires Index and Forbes, has placed him consistently among the top five richest people globally.[24] On September 10, 2025, following a surge in Oracle's stock price, Ellison was briefly calculated to be the wealthiest person in the world, with an estimated net worth of $393 billion.

The New York Times has maintained a biographical topic page on Ellison, reflecting his status as a figure of sustained public interest over multiple decades.[25] Coverage of Ellison in the San Francisco Chronicle, the San Jose Mercury News, and other Bay Area publications has documented both his professional achievements and his prominent role in the cultural life of Silicon Valley.[26]

Legacy

Larry Ellison's impact on the technology industry is primarily defined by his role in making relational database technology the foundation of modern enterprise computing. Under his leadership, Oracle grew from a startup to one of the largest software companies in the world, and the Oracle database became a ubiquitous component of corporate information technology infrastructure across virtually every industry and government sector.

Ellison's management style—characterized by aggressive competition, rapid acquisition, and a willingness to engage in protracted legal and business disputes—shaped not only Oracle but also the broader dynamics of the enterprise software market. His acquisition strategy, which consolidated dozens of companies under the Oracle umbrella, transformed the company from a database vendor into a comprehensive enterprise technology provider and anticipated the platform-based consolidation that later became common in the technology industry.

His competitive intensity extended beyond business. The America's Cup campaigns he financed brought new technology, design innovation, and international attention to competitive sailing, while his ownership of Lānaʻi represented an unusual venture into community development and island stewardship.

As of early 2026, with Oracle's expanding role in cloud infrastructure, the TikTok deal, and the Ellison family's entry into media through Paramount Global, Ellison's influence extends across technology, media, and policy in ways that continue to evolve.

References

  1. "TikTok lands $14B deal to avoid US ban".Politico.2026-01-22.https://www.politico.com/news/2026/01/22/deal-for-us-ownership-of-tiktok-is-closed-company-says-00743145.Retrieved 2026-02-24.
  2. "The challenges facing the Ellisons' media empire".Axios.2026-01-24.https://www.axios.com/2026/01/24/ellison-media-paramount-cbs.Retrieved 2026-02-24.
  3. "Larry Ellison Says He Was Drawn To Computers Due To Basketball, Saying It Was 'Immediate Feedback' That Got Him Hooked: 'You Win Or Lose Very Quickly'".Benzinga.2026-02-22.https://www.benzinga.com/markets/tech/26/02/50770152/larry-ellison-says-he-was-drawn-to-computers-due-to-basketball-saying-it-was-immediate-feedback-that-got-him-hooked-you-win-or-lose-very-quickly.Retrieved 2026-02-24.
  4. "CEO Compensation: Oracle Lawrence J. Ellison".Equilar.http://www.equilar.com/CEO_Compensation/Oracle_Lawrence_J._Ellison.php.Retrieved 2026-02-24.
  5. "CEO Compensation: ORACLE CORP Lawrence J. Ellison".Equilar.http://www.equilar.com/CEO_Compensation/ORACLE_CORP_Lawrence_J._Ellison.php.Retrieved 2026-02-24.
  6. "Here we go again: Oracle's Ellison gets more options".SiliconBeat.2009-07-13.http://www.siliconbeat.com/2009/07/13/here-we-go-again-oracles-ellison-gets-more-options.Retrieved 2026-02-24.
  7. "Ellison settle insider trading suit".InfoWorld.http://www.infoworld.com/t/business/ellison-settle-insider-trading-suit-149.Retrieved 2026-02-24.
  8. "TikTok lands $14B deal to avoid US ban".Politico.2026-01-22.https://www.politico.com/news/2026/01/22/deal-for-us-ownership-of-tiktok-is-closed-company-says-00743145.Retrieved 2026-02-24.
  9. "Who Owns TikTok in the U.S. Now?".The New York Times.2026-01-22.https://www.nytimes.com/2026/01/22/business/media/tiktok-investors-oracle-mgx-silver-lake-bytedance.html.Retrieved 2026-02-24.
  10. "TikTok lands $14B deal to avoid US ban".Politico.2026-01-22.https://www.politico.com/news/2026/01/22/deal-for-us-ownership-of-tiktok-is-closed-company-says-00743145.Retrieved 2026-02-24.
  11. "The TikTok Deal Is Awful".Slate.2026-01.https://slate.com/technology/2026/01/tiktok-deal-donald-trump-larry-ellison-oracle.html.Retrieved 2026-02-24.
  12. "The challenges facing the Ellisons' media empire".Axios.2026-01-24.https://www.axios.com/2026/01/24/ellison-media-paramount-cbs.Retrieved 2026-02-24.
  13. SullivanMargaretMargaret"CBS News is convulsing as Larry Ellison tries to please Trump".The Guardian.2026-02-21.https://www.theguardian.com/commentisfree/2026/feb/21/cbs-trump-anderson-cooper-stephen-colbert-paramount.Retrieved 2026-02-24.
  14. "Melanie Craft".Fortune.http://tech.fortune.cnn.com/tag/melanie-craft/.Retrieved 2026-02-24.
  15. "Billionaire Larry Ellison scrambled to rename yacht after coming to horrifying realization about its name".New York Post.2026-01-16.https://nypost.com/2026/01/16/us-news/larry-ellison-scrambles-to-rename-yacht-after-coming-to-horrifying-realization-about-its-name/.Retrieved 2026-02-24.
  16. "Ellison, Yachts, CEOs, Architecture, Immortality".Minyanville.2008-08-28.http://www.minyanville.com/investing/articles/ORCL-ellison-yachts-ceos-architecture-immortality/8/28/2008/id/18703.Retrieved 2026-02-24.
  17. "Japanese Imperial Palace of Oracle CEO's".House-Arch.com.http://www.house-arch.com/japanese-imperial-palace-of-oracle-ceo%E2%80%99s.html.Retrieved 2026-02-24.
  18. "Billionaire Larry Ellison Sells $45 Million Home on San Francisco's Gold Coast".The Wall Street Journal.2026-01.https://www.wsj.com/real-estate/luxury-homes/larry-ellison-san-francisco-pacific-heights-home-7b601db9.Retrieved 2026-02-24.
  19. "America's Cup: Team Oracle USA penalized two points".San Jose Mercury News.http://www.mercurynews.com/sports/ci_24006797/americas-cup-team-oracle-usa-penalized-two-points.Retrieved 2026-02-24.
  20. "Sailing Scuttlebutt coverage".Sailing Scuttlebutt.http://www.sailingscuttlebutt.com/news/07/cf/.Retrieved 2026-02-24.
  21. "Oracle's CEO cancels $115m gift to Harvard".Boston Globe.2006-06-28.http://www.boston.com/news/education/higher/articles/2006/06/28/oracles_ceo_cancels_115m_gift_to_harvard/.Retrieved 2026-02-24.
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