Jump to content

Larry Ellison

Checked
Page protected with pending changes
From Wikipedia, the free encyclopedia
(Redirected from Lawrence J. Ellison)

Larry Ellison
Ellison in 2010
Born
Lawrence Joseph Ellison

(1944-08-17) August 17, 1944 (age 80)
New York City, U.S.
Education
Occupations
TitleCo- founder, Executive chairman and CTO of Oracle Corporation[1]
Spouses
Adda Quinn
​
​
(m. 1967; div. 1974)​
Nancy Wheeler Jenkins
​
​
(m. 1977; div. 1978)​
Barbara Boothe
​
​
(m. 1983; div. 1986)​
Melanie Craft
​
​
(m. 2003; div. 2010)​
Nikita Kahn
​
(div. 2020)​
Jolin (Keren) Zhu
​
(m. 2023)​
Children

Lawrence Joseph Ellison (born August 17, 1944) is an American businessman and entrepreneur who co-founded software company Oracle Corporation. He was Oracle's chief executive officer from 1977 to 2014 and is now its chief technology officer and executive chairman.

As of November 13, 2024, he is the third-wealthiest person in the world, according to Bloomberg Billionaires Index, with an estimated net worth of US$208 billion,[2] and the second-wealthiest in the world according to Forbes, with an estimated net worth of $237 billion.[3] Ellison is also known for his ownership of 98% of Lānaʻi, the sixth-largest island in the Hawaiian Islands.[4]

Early life and education

[edit]

Ellison was born on August 17, 1944, in New York City to Florence Spellman, an unwed Jewish mother.[5][6][7][8] His biological father was an Italian-American United States Army Air Corps pilot. After Ellison contracted pneumonia at the age of nine months, his mother gave him to her aunt and uncle for adoption.[8] He did not meet his biological mother again until he was 48.[9]

Ellison moved to Chicago's South Shore, then a middle-class neighborhood.[10] He remembers his adoptive mother, Lillian Spellman Ellison,[11] as warm and loving, in contrast to his austere, unsupportive, and often distant adoptive father, who had chosen the name Ellison to honor his point of entry into the United States, Ellis Island. Louis Ellison was a government employee who had made a small fortune in Chicago real estate, only to lose it during the Great Depression.[8]

Although Ellison was raised in a Reform Jewish home by his adoptive parents, who attended synagogue regularly, he remained a religious skeptic. At age 13, Ellison refused to have a bar mitzvah celebration.[12] Ellison states: "While I think I am religious in one sense, the particular dogmas of Judaism are not dogmas I subscribe to. I don't believe that they are real. They're interesting stories. They're interesting mythology, and I certainly respect people who believe these are literally true, but I don't. I see no evidence for this stuff."[13] Ellison says that his fondness for Israel is not connected to religious sentiments but rather due to the innovative spirit of Israelis in the technology sector.[14]

Ellison attended South Shore High School in Chicago[15] and later was admitted to University of Illinois at Urbana–Champaign and was enrolled as a pre-med student.[15] At the university, he was named science student of the year.[16][17] He withdrew without taking final exams after his sophomore year because his adoptive mother had just died. After spending the summer of 1966 in California, he then attended the University of Chicago for one term, where he studied physics and mathematics[15] and also first encountered computer design. He then moved to Berkeley, California, and began his career as a computer programmer for different companies.[11]

Early career and Oracle

[edit]
Larry Ellison lecturing at the Oracle OpenWorld, San Francisco 2010

1977–1994

[edit]

During the 1970s, after a brief stint at Amdahl Corporation, Ellison began working for Ampex Corporation. His first project included a database for the CIA, code-named "Oracle".[18][19] Ellison was inspired by a paper written by Edgar F. Codd on relational database systems called "A Relational Model of Data for Large Shared Data Banks".[20] In 1977, he founded Software Development Laboratories (SDL) with two partners and an investment of $2,000; $1,200 of the money was his.[21]

In 1979, the company renamed itself Relational Software, Inc. (RSI). Ellison had heard about the IBM System R database, also based on Codd's theories, and wanted Oracle to achieve compatibility with it, but IBM made this impossible by refusing to share System R's error codes.[22] The initial release of the Oracle Database in 1979 was called Oracle version 2; there was no Oracle version 1.[23] In 1983, the company officially became Oracle Systems Corporation after its flagship product. In 1990, Oracle laid off 10% of its workforce (about 400 people) because it was losing money.[24] This crisis, which almost resulted in the company's bankruptcy, came about because of Oracle's "up-front" marketing strategy, in which sales people urged potential customers to buy the largest possible amount of software all at once. The sales people then booked the value of future license sales in the current quarter, thereby increasing their bonuses. This became a problem when the future sales subsequently failed to materialize. Oracle eventually had to restate its earnings twice, and had to settle class-action lawsuits arising from its having overstated its earnings. Ellison would later say that Oracle had made "an incredible business mistake".[25]

Although IBM dominated the mainframe relational database market with its DB2 and SQL/DS database products, it delayed entering the market for a relational database on Unix and Windows operating systems. This left the door open for Sybase, Oracle, Ingres, Informix, and eventually Microsoft to dominate mid-range systems and microcomputers. Around this time, Oracle fell behind Sybase. From 1990 to 1993, Sybase was the fastest-growing database company and the database industry's darling vendor, but soon it fell victim to merger mania. Sybase's 1996 merger with Powersoft resulted in a loss of focus on its core database technology. In 1993, Sybase sold the rights to its database software running under the Windows operating system to Microsoft Corporation, which now markets it under the name "SQL Server".

In his early years at Oracle, Ellison was named an Award Recipient in the High Technology Category for the Ernst and Young Entrepreneur of the Year Program.[26]

1994–2010

[edit]
Ellison in 2009

In 1994, Informix overtook Sybase and became Oracle's most important rival. The intense war between Informix CEO Phil White and Ellison was front-page Silicon Valley news for three years. In April 1997, Informix announced a major revenue shortfall and earnings restatements. Phil White eventually landed in jail, and IBM absorbed Informix in 2001. Also in 1997, Ellison was made a director of Apple Computer after Steve Jobs returned to the company. Ellison resigned in 2002. With the defeat of Informix and of Sybase, Oracle enjoyed years of industry dominance until the rise of Microsoft SQL Server in the late 1990s and IBM's acquisition of Informix Software in 2001 to complement their DB2 database. As of 2013 Oracle's main competition for new database licenses on UNIX, Linux, and Windows operating systems comes from IBM's DB2 and from Microsoft SQL Server. IBM's DB2 still dominates the mainframe database market.

In 2005, Ellison agreed to settle a four-year-old insider-trading lawsuit by offering to pay $100 million to charity in Oracle's name.[27]

In 2005, Oracle Corporation paid Ellison a $975,000 salary, a $6,500,000 bonus, and other compensation of $955,100.[28] In 2007, Ellison earned a total compensation of $61,180,524, which included a base salary of $1,000,000, a cash bonus of $8,369,000, and options granted of $50,087,100.[29] In 2008, he earned a total compensation of $84,598,700, which included a base salary of $1,000,000, a cash bonus of $10,779,000, no stock grants, and options granted of $71,372,700.[30] In the year ending May 31, 2009, he made $56.8 million.[31] In 2006, Forbes ranked him as the richest Californian.[32] In April 2009, after a tug-of-war with IBM and Hewlett-Packard, Oracle announced its intent to buy Sun Microsystems.[33] On July 2, 2009, for the fourth year in a row, Oracle's board awarded Ellison another 7 million stock options.[34] On August 22, 2009, it was reported that Ellison would be paid only $1 for his base salary for the fiscal year of 2010, down from the $1,000,000 he was paid in fiscal 2009.[31][35]

2010–present

[edit]

The European Union approved Oracle's acquisition of Sun Microsystems on January 21, 2010, and agreed that Oracle's acquisition of Sun "has the potential to revitalize important assets and create new and innovative products".[36] The Sun acquisition also gave Oracle control of the popular MySQL open source database, which Sun had acquired in 2008.[37] On August 9, 2010, Ellison denounced Hewlett-Packard's board for firing CEO Mark Hurd, writing that: "The HP board just made the worst personnel decision since the idiots on the Apple board fired Steve Jobs many years ago." (Ellison and Hurd were close personal friends.)[38] Then on September 6, Oracle hired Mark Hurd as co-president alongside Safra Catz. Ellison remained in his current role at Oracle.[39]

In March 2010, the Forbes list of billionaires ranked Ellison as the sixth-richest person in the world and as the third-richest American, with an estimated net worth of over $28 billion.[32] On July 27, 2010, The Wall Street Journal reported that Ellison was the highest-paid executive in the last decade, collecting a total compensation of US$1.84 billion.[40] In September 2011, Ellison was listed on the Forbes list of billionaires as the fifth richest man in the world and was still the third richest American, with a net worth of about $36.5 billion. In September 2012, Ellison was again listed on the Forbes list of billionaires as the third richest American citizen, behind Bill Gates and Warren Buffett, with a net worth of $44 billion. In October 2012, he was listed just behind David Hamilton Koch as the eighth richest person in the world, according to the Bloomberg Billionaires Index.[41] Ellison owns stakes in Salesforce.com, NetSuite, Quark Biotechnology Inc. and Astex Pharmaceuticals.[42][43] In June 2012, Ellison agreed to buy 98 percent of the Hawaiian island of Lānaʻi from David Murdock's company, Castle & Cooke. The price was reported to be between $500 million and $600 million.[44] In 2013, according to The Wall Street Journal, Ellison earned $94.6 million.[45] On September 18, 2014, Ellison appointed Mark Hurd to CEO of Oracle from his former position as president; Safra Catz was also made CEO, moving from her former role as CFO. Ellison assumed the positions of chief technology officer and executive chairman.[46][47]

In November 2016, Oracle bought NetSuite for $9.3 billion. Ellison owned 35% of NetSuite at the time of the purchase making him $3.5 billion personally.[48]

In 2017, Forbes estimated that Ellison was the 4th richest person in tech.[49]

In June 2018, Ellison's net worth was about $54.5 billion, according to Forbes.[50]

In December 2018, Ellison became a director on the board of Tesla, Inc., after purchasing 3 million shares earlier that year.[51][52] Ellison left the Tesla Board in August 2022.[53]

As of June 2020, Ellison is said to be the seventh wealthiest person in the world, with a net worth of $66.8 billion.[54]

As of 2022, Ellison owns 42.9 percent of the shares of Oracle Corporation,[55] and as of June 2023, 1.4 percent of the shares of Tesla.[56]

Ellison's software startup, Project Ronin, that he co-founded with David Agus and Dave Hodgson closed down in 2024. The company aimed at transforming cancer care whose products were intended to quickly analyze data within electronic medical records systems.[57][58]

Philanthropy and other endeavors

[edit]

In 1992 Ellison shattered his elbow in a high-speed bicycle crash. After receiving treatment at University of California, Davis, Ellison donated $5 million to seed the Lawrence J. Ellison Musculo-Skeletal Research Center. In 1998, the Lawrence J. Ellison Ambulatory Care Center opened on the Sacramento campus of the UC Davis Medical Center.[59]

To settle an insider trading lawsuit arising from his selling nearly $1 billion of Oracle stock, a court allowed Ellison to donate $100 million to his own charitable foundation without admitting wrongdoing. A California judge refused to allow Oracle to pay Ellison's legal fees of $24 million. Ellison's lawyer had argued that if Ellison were to pay the fees, that could be construed as an admission of guilt. His charitable donations to Stanford University raised questions about the independence of two Stanford professors who evaluated the case's merits for Oracle.[60] In response to the September 11 terrorist attacks of 2001, Ellison made a controversial offer to donate software to the federal government[61] that would have enabled it to build and run a national identification database and to issue ID cards.[62]

Forbes' 2004 list of charitable donations made by the wealthiest 400 Americans stated that Ellison had donated[when?] $151,092,103, about 1% of his estimated personal wealth.[63] In June 2006, Ellison announced he would not honor his earlier pledge of $115 million to Harvard University, claiming it was due to the departure of former president Lawrence Summers. Oracle spokesman Bob Wynne announced, "It was really Larry Summers' brainchild and once it looked like Larry Summers was leaving, Larry Ellison reconsidered ... [I]t was Larry Ellison and Larry Summers that had initially come up with this notion."[64] In 2007 Ellison pledged $500,000 to fortify a community centre in Sderot, Israel, after discovering that the building was not fortified against rocket attacks.[65] Other charitable donations by Ellison include a $10 million donation to the Friends of the Israel Defense Forces in 2014.[66] In 2017 Ellison again donated to the Friends of the Israel Defense Forces, this time for $16.6 million. His donation was intended to support the construction of well-being facilities on a new campus for co-ed conscripts.[67]

Ellison was an early investor in Theranos.[68] In August 2010 a report listed Ellison as one of the 40 billionaires who had signed "The Giving Pledge".[69][70]

In May 2016 Ellison donated $200 million to the University of Southern California for establishing a cancer research center: the Lawrence J. Ellison Institute for Transformative Medicine of USC.[71] It was renamed the Ellison Institute of Technology, and an additional campus was established in Oxford in 2023 with the intention of providing a scholarship program for 20 students each year.[72][57]

Aviation

[edit]

Ellison is a licensed pilot who has owned several aircraft.[9] He was cited by the city of San Jose, California, for violating its limits on late-night takeoffs and landings from San Jose Mineta International Airport by planes weighing more than 75,000 pounds (34,019 kg). In January 2000, Ellison sued over the interpretation of the airport rule, contending that his Gulfstream V aircraft "is certified by the manufacturer to fly at two weights: 75,000 pounds, and at 90,000 pounds for heavier loads or long flights requiring more fuel. But the pilot only lands the plane in San Jose when it weighs 75,000 pounds or less, and has the logs to prove it."[73] US District Judge Jeremy Fogel ruled in Ellison's favor in June 2001, calling for a waiver for Ellison's jet, but did not invalidate the curfew.[74]

Ellison also owns at least two military jets: the Italian training aircraft SIAI-Marchetti S.211, and a decommissioned Soviet fighter MiG-29, which the US government has refused him permission to import.[9]

Movie cameo

[edit]

Ellison made a brief cameo appearance in the 2010 movie Iron Man 2.[75]

Restaurant

[edit]

In July 2013, Ellison opened a restaurant in Malibu named Nikita,[76] which closed in December 2014.[77]

Tennis

[edit]

In 2009, Ellison purchased the Indian Wells Tennis Garden tennis facility in California's Coachella Valley and the Indian Wells Masters tournament for $100 million, and has subsequently invested another $100 million into the club.[78]

In 2010, Ellison purchased a 50% share of the BNP Paribas Open tennis tournament.[79]

Yachting

[edit]

With the economic downturn of 2010, Ellison sold his share of Rising Sun, the 12th largest yacht in the world, making David Geffen the sole owner.[80] The vessel is 453 feet (138 metres) long,[81] and reportedly cost over $200 million to build. He downsized to Musashi, a 288-foot (88-metre) yacht built by Feadship.[82]

Ellison competes in yachting through Oracle Team USA.[83] Following success racing Maxi yachts, Ellison founded BMW Oracle Racing to compete for the 2003 Louis Vuitton Cup.

In 2002, Ellison's Oracle's team introduced kite yachting into the America's Cup environment. Kite sail flying lasting about 30 minutes was achieved during testing in New Zealand.[84]

BMW Oracle Racing was the "Challenger of Record" on behalf of the Golden Gate Yacht Club of San Francisco for the 2007 America's Cup in Valencia, Spain, until eliminated from the 2007 Louis Vuitton Cup challenger-selection series in the semi-finals. On February 14, 2010, Ellison's yacht USA 17 won the second race (in the best of three "deed of gift" series) of the 33rd America's Cup, after winning the first race two days earlier. Securing a historic victory, Ellison and his BMW Oracle team became the first challengers to win a "deed of gift" match. The Cup returned to American shores for the first time since 1995. Ellison served as a crew member in the second race.[85] Previously, Ellison had filed several legal challenges, through the Golden Gate Yacht Club, against the way that Ernesto Bertarelli (also one of the world's richest men) proposed to organize the 33rd America's Cup following the 2007 victory of Bertarelli's team Alinghi.[85][86] The races were finally held[clarification needed] in February 2010 in Valencia.

On September 25, 2013, Ellison's Oracle Team USA defeated Emirates Team New Zealand to win the 34th America's Cup in San Francisco Bay, California.[87] Oracle Team USA had been penalized two points in the final for cheating by some team members during the America's Cup World Series warm-up events.[88] The Oracle team came from a 1–8 deficit to win 9–8, in what has been called "one of the greatest comebacks in sports history".[89]

In 2019, Ellison, in conjunction with Russell Coutts, started the SailGP international racing series.[90] The series used F50 foiling catamarans, the fastest class of boat in history with regattas held across the globe. Ellison committed to five years of funding to support the series until it could become self sustaining. The first season was successful with global audiences of over 1.8 billion.[91][92][93]

Political involvement

[edit]
Ellison (right) with Secretary of State Mike Pompeo in 2020

Ellison was critical of NSA whistle-blower Edward Snowden, saying that "Snowden had yet to identify a single person who had been 'wrongly injured' by the NSA's data collection".[94] In 2012, he donated to both Democratic and Republican politicians,[95] and in late 2014 hosted Republican senator Rand Paul at a fundraiser at his home.[96][97]

Ellison was one of the top donors to Conservative Solutions PAC, a super PAC supporting Marco Rubio's 2016 presidential bid. As of February 2016, Ellison had given $4 million overall to the PAC.[98] In 2020, Ellison allowed former president Donald Trump to have a fundraiser at his Rancho Mirage estate,[99][100] but Ellison was not present.[101] In January 2022, Ellison donated $15 million to the Opportunity Matters Fund super PAC associated with Sen. Tim Scott (R-SC), which is one of the most significant financial contributions of the 2022 election cycle.[102]

The Washington Post reported in May 2022 that Ellison participated in a conference call days after the 2020 presidential election that focused on strategies for challenging the legitimacy of the vote. Other participants on the call included Fox News host Sean Hannity, Senator Lindsey Graham, Trump personal attorney Jay Sekulow and James Bopp, an attorney for True the Vote. The Post cited court documents and a participant on the call.[103]

Controversy

[edit]
Main article: Israel and apartheid

According to reports in 2019, Larry Ellison has funded illegal annexation projects in Jerusalem that received criticism from Palestinians as well as Israeli peace activists and archaeologists.[104][105][106] Additionally, in 2019 a $1 billion lawsuit was filed against several Israel supporters, including Ellison. The lawsuit accused Ellison and others of conspiring to ethnically cleanse Palestinians from Israeli-occupied territories, committing war crimes, and funding genocide.[107][108]

Ellison, who has close ties with Israeli prime minister Benjamin Netanyahu, reportedly lobbied Israeli mogul Arnon Milchan to drop his lawyer so that Netanyahu, implicated in one of his corruption cases, could hire him.[109][110] It was also revealed in 2021 that Ellison offered Netanyahu a post at Oracle.[111]

Recognition

[edit]

In 1997, Ellison received the Golden Plate Award of the American Academy of Achievement.[112][113]

In 2013, Ellison was inducted into the Bay Area Business Hall of Fame.[114]

In 2019, the Lawrence J. Ellison Institute for Transformative Medicine of USC honored Ellison with the first Rebels With A Cause Award in recognition of his generous support through the years.[115]

Ellison was named one of the 100 most influential people in the world by Time magazine in 2024.[116][117]

Personal life

[edit]

Marriages

[edit]

Ellison has been married six times:

  1. Ellison married Adda Quinn in 1967.[118] They divorced in 1974.[119]
  2. Ellison married Nancy Wheeler Jenkins shortly after meeting her in late 1976.[120] In 1978, the couple divorced and Wheeler sold back her shares in SDL to Ellison for $500.[121]
  3. Ellison was married to Barbara Boothe from 1983 to 1986.[122] Boothe was a former receptionist at RSI.[123] They had two children, David and Megan, who are film producers at Skydance Media and Annapurna Pictures, respectively.[124]
  4. On December 18, 2003, Ellison married Melanie Craft, a romance novelist, at his Woodside estate. Ellison's friend Steve Jobs, former CEO and co-founder of Apple Inc., was the official wedding photographer,[125] and Representative Tom Lantos officiated. They divorced in 2010.[126]
  5. From 2010 until 2020, Ellison was in a relationship and then fifth marriage with Ukrainian-American model and actress Nikita Kahn.[127] They divorced in 2020.[128]
  6. As of 2024, Ellison is married to Jolin Ellison,[129] an alumna of the University of Michigan.[130]

Health

[edit]

Ellison abstains from alcohol and drugs, stating that "I can't stand anything that clouds my mind."[131]

Cars

[edit]

Ellison owns many exotic cars, including an Audi R8 and a McLaren F1. His favorite is the Acura NSX, which he gave as gifts each year during its production.[43] Ellison is also reportedly the owner of a Lexus LFA.[132]

Homes

[edit]

Ellison styled his estimated $110 million Woodside, California, estate after feudal Japanese architecture, complete with a man-made 2.3-acre (0.93 ha) lake and an extensive seismic retrofit.[133] In 2004 and 2005 he purchased more than 12 properties in Malibu, California, worth more than $180 million. The $65 million Ellison spent on five contiguous lots at Malibu's Carbon Beach made this the most costly residential transaction in United States history until banker Ronald Perelman sold his Palm Beach, Florida, compound for $70 million later that same year.[134] The entertainment system at his Pacific Heights home cost $1 million, and includes a rock concert-sized video projector at one end of a drained swimming pool, using the gaping hole as a giant subwoofer.[135][136]

In early 2010, Ellison purchased the Astors' Beechwood Mansion – formerly the summer home of the Astor family – in Newport, Rhode Island, for $10.5 million.[137]

In 2011 he purchased the 249-acre Porcupine Creek Estate and private golf course in Rancho Mirage, California, for $42.9 million.[137] The property was formerly the home of Yellowstone Club founders Edra and Tim Blixseth, and was sold to Ellison by creditors following their divorce and bankruptcy.[138]

In December 2020, he left California and moved to Lānaʻi, of which he owns 98%.[139]

In 2022, Ellison bought a 22-acre property in Manalapan, Florida for $173 million. He purchased it from Jim Clark, who in turn had acquired it from the Ziff family. It is the most expensive residential property purchase in Florida history.[140]

Books

[edit]
  • Symonds, Matthew; Ellison, Larry (2004). Softwar: An Intimate Portrait of Larry Ellison and Oracle. New York: Simon & Schuster. ISBN 978-0-7432-2505-2. OCLC 52638805.

See also

[edit]

References

[edit]
  1. ^ "Lawrence J. Ellison – Executive Biography". Oracle. Archived from the original on July 8, 2015. Retrieved July 17, 2015.
  2. ^ "Bloomberg Billionaires Index: Larry Ellison". Bloomberg. Archived from the original on December 16, 2023. Retrieved November 14, 2023.
  3. ^ "The world's real-time billionares". Forbes. Archived from the original on February 11, 2022. Retrieved March 14, 2024.
  4. ^ Mooallem, Jon (September 23, 2014). "Larry Ellison Bought an Island in Hawaii. Now What?". The New York Times. Archived from the original on March 19, 2021. Retrieved January 23, 2021.
  5. ^ "The Jewish Billionaires of Forbes". Jspace. March 14, 2012. Archived from the original on March 28, 2012. Retrieved March 7, 2014.
  6. ^ "The world's 50 Richest Jews: 1–10". The Jerusalem Post. September 7, 2010. Archived from the original on January 21, 2018. Retrieved July 20, 2013.
  7. ^ Serwer, Andy; Boorstin, Julia; Sung, Jessica. "The Next Richest Man in the World Larry Ellison is a very lucky guy: He has more money than anyone—except Bill Gates". Fortune. CNN. Archived from the original on September 24, 2020. Retrieved August 3, 2020.
  8. ^ a b c Symonds & Ellison 2004, pp. 332–33.
  9. ^ a b c Rohrlich, Justin (November 18, 2009). "Rags To Riches CEOs: Larry Ellison". Minyanville.com. Archived from the original on September 30, 2011. Retrieved March 10, 2011.
  10. ^ Gourtsilidou, Maria (June 1, 2021). "Profile: Larry Ellison – The billionaire who owns nearly all of Hawaiian island Lanai". CEOWORLD magazine. Archived from the original on April 18, 2023. Retrieved April 18, 2023.
  11. ^ a b "Larry Ellison | Biography, Oracle, & Facts". Britannica. Archived from the original on October 15, 2020. Retrieved April 18, 2023.
  12. ^ Symonds and Ellison, pp. 19–20 Archived May 16, 2016, at the Wayback Machine
  13. ^ Wilson, Mike (2003). The Difference Between God and Larry Ellison: *God Doesn't Think He's Larry Ellison. Harper Business. p. 19. ISBN 978-0060008765. Larry was a religious skeptic from the beginning. The Ellisons, who were Jewish, attended synagogue regularly—"and dragged me along" he said. "While I think I'm religious in one sense, the particular dogmas of Judaism are not dogmas I subscribe to. I don't believe that they're real. They're interesting stories, they're wonderful mythology, and I certainly respect people who believe that these are literally true, but I don't. . . . I see no evidence for this stuff." To please his parents, Ellison tried to study the Torah, to no avail. "I couldn't make myself do it. ... I lost interest. My mind wandered in four seconds. It was an impossibility," he said.
  14. ^ Symonds & Ellison 2004, p. 389.
  15. ^ a b c Symonds & Ellison 2004, p. 508.
  16. ^ Virk, Azhar Saleem (February 2003). Inspiration from Lives of Famous People. iUniverse. p. 384. ISBN 9780595268245.
  17. ^ Drexler, Kateri M. (2007). Icons of Business: Jeff Bezos. Greenwood Publishing Group. p. 515. ISBN 9780313338632.
  18. ^ Hartmans, Avery. "The life and career of Oracle's Larry Ellison, who went from college drop-out to jet-setting playboy and 7th-richest person in the world". Business Insider. Archived from the original on April 18, 2023. Retrieved April 18, 2023.
  19. ^ Schofield, Jack; Brockes, Emma (April 28, 2000). "Welcome to Larryland". The Guardian. Retrieved November 28, 2024.
  20. ^ Codd, E. F. (June 1970). "A relational model of data for large shared data banks". Communications of the ACM. 13 (6): 377–387. doi:10.1145/362384.362685. S2CID 207549016.
  21. ^ "The Rise (and Rise) of Larry Ellison". Maxim. November 25, 2015. Archived from the original on February 1, 2024. Retrieved February 1, 2024.
  22. ^ "How Oracle Got Started". Financhill. July 6, 2021. Retrieved April 30, 2024.
  23. ^ "Oracle V2". Cs-exhibitions.uni-klu.ac.at. Archived from the original on September 30, 2019. Retrieved February 27, 2022.
  24. ^ "Larry J. Ellison Biography and Interview". achievement.org. American Academy of Achievement. Archived from the original on February 23, 2019. Retrieved April 12, 2019.
  25. ^ Gilbert, Alorie (June 20, 2002). "Oracle cuts rewards for last-minute deals". CNET. Archived from the original on December 31, 2016. Retrieved December 31, 2016.
  26. ^ Martinet, Drake (June 27, 2011). "Larry Ellison Has One, and Now 11 More Entrepreneurs Do, Too". All Things Digital. Archived from the original on July 3, 2011. Retrieved April 13, 2015.
  27. ^ McMillan, Robert (September 12, 2005). "Ellison to settle insider trading suit". InfoWorld.com. IDG News Service. Archived from the original on February 23, 2013. Retrieved October 28, 2012.
  28. ^ "Definitive Proxy Statement". Securities and Exchange Commission. Archived from the original on November 12, 2012. Retrieved June 4, 2013.
  29. ^ "Executive Compensation: Lawrence J. Ellison, Oracle (ORCL) 2007 Annual Comp". Equilar. Archived from the original on February 8, 2009.
  30. ^ "Executive Compensation: Lawrence J. Ellison, Oracle (ORCL) 2008 Annual Comp". Equilar. Archived from the original on April 14, 2009.
  31. ^ a b "Oracle CEO's base pay cut to $1". Los Angeles Times. August 22, 2009. p. B3. Archived from the original on April 4, 2014. Retrieved December 23, 2014.
  32. ^ a b "Larry Ellison". Forbes. Archived from the original on January 31, 2018. Retrieved May 27, 2020.
  33. ^ Morgan, Timothy Prickett (May 12, 2009). "Sun proxy details its dating game". The Register. Archived from the original on May 15, 2009. Retrieved June 23, 2009.
  34. ^ "Here We Go Again: Oracle's Ellison Gets More Options". Siliconbeat.com. July 13, 2009. Archived from the original on November 5, 2013. Retrieved June 4, 2013.
  35. ^ "Oracle shareholders say 'no' to Larry Ellison's pay". CNN. November 1, 2013. Archived from the original on November 8, 2013. Retrieved March 10, 2011.
  36. ^ Johnson, Bobbie (January 22, 2010). "Oracle prepares to complete Sun takeover". The Guardian. Archived from the original on September 9, 2013. Retrieved May 7, 2010.
  37. ^ Dignan, Larry (January 16, 2008). "Sun acquires MySQL; Adds to its software stack". ZDNet. Archived from the original on February 13, 2012. Retrieved October 7, 2011.
  38. ^ Vance, Ashlee (August 9, 2010). "Oracle Chief Faults H.P. Board for Forcing Hurd's Resignation". The New York Times. Archived from the original on June 7, 2012. Retrieved February 25, 2017.
  39. ^ "Oracle Hires Former HP CEO Mark Hurd As Co-President". TechCrunch. September 6, 2010. Archived from the original on September 20, 2017. Retrieved June 25, 2017.
  40. ^ Thurm, Scott (July 27, 2010). "Oracle's Ellison: Pay King". The Wall Street Journal. Archived from the original on December 6, 2017. Retrieved August 8, 2017.
  41. ^ "Bloomberg Billionaires Index". Bloomberg LP. Archived from the original on December 14, 2012. Retrieved October 31, 2012.
  42. ^ "Ellison's Fractured Friendships". Wired. October 30, 2005. Archived from the original on May 16, 2008. Retrieved March 10, 2011 – via Associated Press.
  43. ^ a b Powell, Bonnie Azab. "Being Larry Ellison". Business Week. No. July/August 2001. Bonniepowell.com. Archived from the original on February 3, 2004.
  44. ^ Clark, Don; Worthen, Ben (June 20, 2012). "Larry Ellison to Buy Island in Hawaii". The Wall Street Journal. Archived from the original on August 7, 2017. Retrieved August 8, 2017.
  45. ^ "Les grands patrons de mieux en mieux payés aux Etats-Unis". Capital (in French). May 16, 2013. Archived from the original on September 1, 2014. Retrieved August 23, 2013.
  46. ^ Ovide, Shira (September 18, 2014). "Larry Ellison to Step Aside as Oracle CEO". The Wall Street Journal. Archived from the original on May 29, 2015. Retrieved September 19, 2017.
  47. ^ Bort, Julie (September 18, 2014). "How Larry Ellison Became The Fifth Richest Man in the World By Using IBM's Idea". Business Insider. Archived from the original on September 21, 2014. Retrieved September 20, 2014.
  48. ^ Balakrishnan, Anita (November 7, 2016). "Despite minting $3.5 billion cash on NetSuite deal, Oracle's Larry Ellison's not any richer". CNBC. Archived from the original on September 20, 2017. Retrieved September 9, 2017.
  49. ^ "The Richest People in Tech". Forbes. Archived from the original on March 23, 2019. Retrieved April 12, 2019.
  50. ^ Kirsch, Noah. "Larry Ellison's Net Worth Just Rose $5 Billion in Two Days". Forbes. Archived from the original on September 20, 2017. Retrieved September 19, 2017.
  51. ^ "Board of Directors". ir.tesla.com. Tesla, Inc. Archived from the original on July 22, 2019. Retrieved July 22, 2019.[self-published source]
  52. ^ "Larry Ellison". Forbes. Archived from the original on January 31, 2018. Retrieved January 28, 2018.
  53. ^ Ponciano, Jonathan. "Tesla Files For Another Stock Split—Reveals Billionaire Larry Ellison To Leave Board". Forbes. Archived from the original on September 5, 2022. Retrieved September 7, 2022.
  54. ^ "Larry Ellison". Forbes. Archived from the original on July 17, 2020. Retrieved June 2, 2020.
  55. ^ "Oracle Corporation 2022 Proxy Statement (Form DEF 14A)". U.S. Securities and Exchange Commission. September 23, 2022. Archived from the original on November 25, 2022. Retrieved November 10, 2022.
  56. ^ "Two Of The World's Richest Men Loaded Up On The Exact Same Stock". Investor's Business Daily. June 21, 2023. Archived from the original on June 21, 2023. Retrieved November 12, 2023.
  57. ^ a b Ford, Brody (March 1, 2024). "Larry Ellison's Cancer Software Startup Project Ronin Is Closing". Bloomberg News. Archived from the original on March 1, 2024.
  58. ^ Robbins, Rebecca; Florko, Nicholas (April 29, 2020). "How a Los Angeles doctor got swept up in the swirl of the Trump White House as it confronts the pandemic". STAT. Archived from the original on June 3, 2023. Retrieved March 2, 2024.
  59. ^ "UC Davis Health System: Philanthropic Pioneers". UC Davis Medical Center. Archived from the original on August 8, 2014. Retrieved August 4, 2014.
  60. ^ In Re Oracle Corp. Derivative Litigation (824 A.2d 917 (2003))
  61. ^ Symonds & Ellison 2004, p. 412.
  62. ^ Compare: "The Oracle of National ID Cards". Wired. October 27, 2001. Archived from the original on October 27, 2001. An article Ellison wrote for The Wall Street Journal is more blunt: 'The government could phase in digital ID cards to replace existing Social Security cards and driver's licenses. These new IDs should be based on a uniform standard such as credit card technology, which is harder to counterfeit than existing government IDs....'
  63. ^ Whelan, David (September 24, 2004). "Charity And The Forbes 400". Forbes. Archived from the original on June 5, 2016. Retrieved May 10, 2016.
  64. ^ "Oracle's CEO cancels $115m gift to Harvard". The Boston Globe. Associated Press. June 28, 2006. Archived from the original on August 27, 2010. Retrieved August 21, 2010.
  65. ^ Hadad, Shmulik (August 9, 2007). "Oracle's Ellison promises $500,000 donation". Ynet. Archived from the original on December 27, 2013. Retrieved December 25, 2013.
  66. ^ "Hollywood gala raises a record $33 million for IDF". The Times of Israel. November 8, 2014. Archived from the original on November 14, 2014. Retrieved November 16, 2014.
  67. ^ Record $53.8 million raised for IDF soldiers at Beverly Hills gala, November 5, 2017, Jewish Telegraphic Agency.
  68. ^ O'Brien, Sara Ashley (March 15, 2018). "Elizabeth Holmes surrounded Theranos with powerful people". CNN.
  69. ^ "The Giving Pledge: Larry Ellison". Archived from the original on June 17, 2016. Retrieved August 8, 2010.
  70. ^ "Ellison joins billionaire charity pledge". Bloomberg in the San Francisco Chronicle. August 8, 2010. Archived from the original on October 7, 2011. Retrieved August 9, 2010.
  71. ^ Vinton, Kate. "Oracle Founder Larry Ellison Donates $200 Million To USC For Cancer Treatment Center". Forbes. Archived from the original on October 19, 2016. Retrieved April 24, 2020.
  72. ^ Newton, Storm (October 12, 2023). "New research campus to solve global problems". The Independent. Archived from the original on March 2, 2024. Retrieved March 2, 2024.
  73. ^ Zinko, Carolyne (January 7, 2000). "Ellison Sues Over Airport Rule on Noise at Night / He wants right to land his jet anytime". San Francisco Chronicle. Archived from the original on April 20, 2013. Retrieved March 11, 2010.
  74. ^ Stannard, Matthew B. (June 16, 2001). "Judge clears Ellison for landing at night / Curfew left intact at San Jose airport". San Francisco Chronicle. Archived from the original on October 7, 2011. Retrieved March 11, 2010.
  75. ^ Greenberg, Andy (April 29, 2010). "Elon Musk, Larry Ellison Appear in Iron Man 2". Forbes. Archived from the original on April 8, 2013. Retrieved March 18, 2013.
  76. ^ Price, Pam (July 31, 2013). "Oracle CEO Larry Ellison's New Nikita Restaurant In Malibu Is Drawing Crowds". Forbes. Retrieved August 20, 2024.
  77. ^ Kang, Matthew (December 30, 2014). "Billions of Dollars Couldn't Keep Larry Ellison's Nikita Afloat". Eater LA. Retrieved December 8, 2024.
  78. ^ Vance, Ashlee (June 5, 2015). "Larry Ellison Is Spending a Fortune to Save American Tennis". Bloomberg Businessweek. Archived from the original on November 26, 2021. Retrieved November 26, 2021.
  79. ^ Bodo, Peter (2010). "Newcomer of the Year: Larry Ellison". Tennis Magazine.
  80. ^ "David Geffen now sole owner of 138-metre superyacht Rising Sun – Yacht Owners". Superyacht Times. October 15, 2010. Archived from the original on December 18, 2010. Retrieved March 10, 2011.
  81. ^ "Brad Reese on Cisco: Yachting with Oracle CEO Larry Ellison". Network world. May 3, 2007. Archived from the original on January 2, 2011. Retrieved March 10, 2011.
  82. ^ "The Largest Yachts of The Forbes 400". Forbes. Archived from the original on September 11, 2012. Retrieved August 9, 2012.
  83. ^ Rohrlich, Justin (August 28, 2008). "CEOs Gone Wild: Larry Ellison". Minyanville.com. Archived from the original on November 5, 2013. Retrieved June 4, 2013.
  84. ^ "Oracle Flies Kite in America's Cup Test". December 18, 2002. Archived from the original on October 27, 2020. Retrieved May 12, 2016.
  85. ^ a b "BMW Oracle wins America's Cup". ESPN. February 14, 2010. Archived from the original on February 17, 2010. Retrieved February 15, 2010. Ellison and Kostecki were the only Americans on BMW Oracle's crew for the clincher.
  86. ^ Friedman, Cory E. "A Perpetual Cup for Not So Friendly Competition Between Lawyers". Sailingscuttlebutt.com. Archived from the original on February 9, 2010. Retrieved March 10, 2011.
  87. ^ Clarey, Christopher (September 25, 2013). "Oracle Completes Voyage to History, Winning America's Cup". The New York Times. Archived from the original on April 19, 2017. Retrieved February 25, 2017.
  88. ^ Sulek, Julia Prodis (September 3, 2013). "America's Cup: Cheating scandal docks Oracle Team USA two races before main event starts Saturday". San Jose Mercury News. Archived from the original on October 1, 2013. Retrieved September 26, 2013.
  89. ^ Woo, Stu (February 28, 2014). "One of the Greatest Comebacks in Sports History". The Wall Street Journal. ISSN 0099-9660. Archived from the original on July 22, 2019. Retrieved July 22, 2019.
  90. ^ Futterman, Matthew (September 20, 2019). "Russell Coutts Likes Sailing Races With Big Money at Stake". The New York Times. Archived from the original on September 24, 2019. Retrieved October 11, 2019.
  91. ^ "SailGP claims $115m economic impact for five host cities". SportsBusiness. October 10, 2019. Archived from the original on October 11, 2019. Retrieved October 11, 2019.
  92. ^ "SailGP reveals economic impac". Scuttlebutt Sailing News. October 10, 2019. Archived from the original on October 11, 2019. Retrieved October 11, 2019.
  93. ^ "SailGP attracts global audience of 1.8 billion in Season 1". mysailing.com.au. October 9, 2019. Archived from the original on October 11, 2019. Retrieved October 11, 2019.
  94. ^ Quigley, J. T. (April 10, 2014). "Oracle's Larry Ellison talks about Edward Snowden, isn't a big fan". Tech in Asia. Archived from the original on November 1, 2014. Retrieved November 1, 2014.
  95. ^ Stangel, Luke (July 2, 2013). "How Silicon Valley's top 10 billionaires voted with their political cash". Silicon Valley Business Journal. Archived from the original on November 1, 2014. Retrieved November 1, 2014.
  96. ^ Miller, Katherine (October 3, 2014). "Larry Ellison To Host Republican Fundraiser With Rand Paul". BuzzFeed. Archived from the original on January 3, 2018. Retrieved September 2, 2017.
  97. ^ Marinucci, Carla (October 7, 2014). "Dems, GOP holding mega-fundraisers on same street in Woodside". San Francisco Chronicle. Archived from the original on November 1, 2014. Retrieved November 1, 2014.
  98. ^ Vogel, Kenneth (February 20, 2016). "Larry Ellison gives another $1 million to boost Marco Rubio". Politico. Archived from the original on February 22, 2016. Retrieved February 22, 2016.
  99. ^ Metz, Sam. "Trump to visit Palm Springs area next week for fundraising event at Oracle chairman Larry Ellison's estate". Desert Sun. Archived from the original on February 13, 2020. Retrieved February 13, 2020.
  100. ^ Schleifer, Theodore (February 12, 2020). "Larry Ellison is doing an unthinkable thing for a tech titan: Hosting a fundraiser for Donald Trump". Vox. Archived from the original on February 13, 2020. Retrieved February 13, 2020.
  101. ^ Mak, Aaron (September 14, 2020). "How Oracle Became the Trump Administration's Favorite Tech Company". Slate Magazine. Archived from the original on October 28, 2020. Retrieved October 28, 2020.
  102. ^ Bland, Scott (February 19, 2022). "Larry Ellison pumps $15M into super PAC aligned with Tim Scott". Politico. Archived from the original on February 19, 2022. Retrieved February 19, 2022.
  103. ^ Isaac Stanley-Becker; Shawn Boburg (May 20, 2022). "Oracle's Larry Ellison joined Nov. 2020 call about contesting Trump's loss". The Washington Post. Archived from the original on May 20, 2022. Retrieved May 20, 2022.
  104. ^ Ben Zion, Ilan (June 30, 2019). "US officials attend opening at controversial Jerusalem dig". AP. Retrieved June 7, 2024.
  105. ^ Carey, Andrew (July 1, 2019). "Anger as US envoys attend opening of controversial Jerusalem archaeological site". CNN. Retrieved June 7, 2024.
  106. ^ "US officials attend opening at controversial Jerusalem dig". The Virginian-Pilot. July 26, 2019. Retrieved June 7, 2024.
  107. ^ "$1 Billion Palestinian Lawsuit Seeks To Hold Billionaires Sheldon Adelson, Larry Ellison". Jewish Business News. February 20, 2019. Retrieved June 25, 2024.
  108. ^ Stempel, Jonathan (February 20, 2019). "Palestinians' lawsuit in U.S. vs. Adelson, others is revived". Reuters. Retrieved June 25, 2024.
  109. ^ "Netanyahu on vacation at island owned by Larry Ellison, a witness in graft trial". Times Of Israel. August 21, 2021. Retrieved June 25, 2024.
  110. ^ "Larry Ellison lobbied Israeli mogul to give up attorney for Netanyahu — report". Times Of Israel. November 13, 2020. Retrieved June 25, 2024.
  111. ^ Hauser Tov, Michael (September 16, 2021). "Larry Ellison Offers Netanyahu Lucrative Oracle Post". Haaretz. Retrieved June 25, 2024.
  112. ^ "Golden Plate Awardees of the American Academy of Achievement". achievement.org. American Academy of Achievement. Archived from the original on December 15, 2016. Retrieved February 1, 2021.
  113. ^ "Larry Ellison Biography and Interview". 1997. Archived from the original on January 19, 2021. Retrieved February 1, 2021. Academy members Larry Ellison, United States Supreme Court Justice Stephen J. Breyer, and best-selling author Tom Clancy in a panel discussion during the 1997 American Academy of Achievement program in Baltimore, MD.
  114. ^ "Ellison, Jobs honored: Business titans inductees to the Bay Area Business Hall of Fame". Daily Journal. July 25, 2013. Archived from the original on June 10, 2021. Retrieved February 1, 2021.
  115. ^ Infusio, Jillian (October 25, 2019). "Rebels with a Cause Gala Honors Larry Ellison, Raises $12.1 Million Benefitting the Lawrence J. Ellison Institute for Transformative Medicine of USC". University of Southern California. Archived from the original on February 6, 2021. Retrieved February 1, 2021.
  116. ^ Blair, Tony (April 17, 2024). "Time 100: Larry Ellison". Time.
  117. ^ Ho, Karen K. (April 18, 2024). "Jenny Holzer, Thelma Golden, LaToya Ruby Frazier, Jonathan Anderson and Larry Ellison Included In Time Magazine's 2024 List of Most Influential People". ARTnews.
  118. ^ Symonds & Ellison 2004, p. 347.
  119. ^ Symonds & Ellison 2004, p. 348.
  120. ^ Symonds & Ellison 2004, p. 350.
  121. ^ Symonds & Ellison 2004, p. 351.
  122. ^ Symonds & Ellison 2004, p. 353, 347.
  123. ^ Symonds & Ellison 2004, p. 352.
  124. ^ Masters, Kim (December 5, 2012). "Producer Siblings Megan and David Ellison Betting Big on Holiday Box Office". The Hollywood Reporter. Archived from the original on February 18, 2014. Retrieved January 24, 2014.
  125. ^ Zinko, Carolyne; Kirby, Carrie (January 14, 2004). "Larry Ellison's most important merger". San Francisco Chronicle. Archived from the original on December 9, 2008. Retrieved October 29, 2009.
  126. ^ Lashinsky, Adam (October 29, 2010). "Larry Ellison's surreal year". Fortune. CNN. Archived from the original on November 2, 2010.
  127. ^ "Who Is Larry Ellison's Girlfriend? Details on the Oracle CEO's Dating History". Market Realist. Retrieved August 20, 2024.
  128. ^ Young, Dennis (December 4, 2024). "Who is Jolin, The Mystery Woman Fueling Michigan's Recruiting Boom?". "Front Office Sports". |access-date=12-12-2024
  129. ^ Graham, Matthew (November 23, 2024). "Jolin Ellison is secret Michigan billionaire wife vital to Bryce Underwood flip". Sports Illustrated. Retrieved November 23, 2024.
  130. ^ "Welcome Bryce Underwood, the #1 Recruit in the Nation". Retrieved November 23, 2024.
  131. ^ Barth, Chris (March 11, 2011). "Ten Teetotalling Moguls". Forbes. Archived from the original on July 30, 2017. Retrieved July 18, 2024.
  132. ^ "Is Larry Ellison latest LFA Owner?". Lexus Enthusiast. June 10, 2011. Archived from the original on June 12, 2011. Retrieved June 10, 2011.
  133. ^ "Japanese Palace Style of Oracle CEO House". House & Architecture Design. October 16, 2011. Archived from the original on October 29, 2011.
  134. ^ Geist, Isabella (November 5, 2004). "Ron's $70 Million Sale". Forbes. Archived from the original on January 20, 2018. Retrieved September 2, 2017.
  135. ^ Boulware, Jack (November 2002). "Power Houses". Wired (October 2011). Archived from the original on June 28, 2013. Retrieved June 4, 2013.
  136. ^ Wilson, Lizette (July 20, 2003). "Automatic House". San Francisco Business Times. Archived from the original on August 2, 2022. Retrieved August 3, 2021.
  137. ^ a b Leskin, Paige. "Oracle billionaire Larry Ellison has an incredible real estate portfolio – take a look at his properties in Silicon Valley, Japan, Hawaii, and more". Business Insider. Archived from the original on February 29, 2020. Retrieved February 13, 2020.
  138. ^ Evans, Candy (February 9, 2011). "Larry Ellison Buys Porcupine Creek". Luxist. Archived from the original on April 12, 2011. Retrieved April 9, 2011.
  139. ^ Schleifer, Theodore (December 14, 2020). "Tech billionaire Larry Ellison has moved to Hawaii". Vox. Archived from the original on February 16, 2021. Retrieved February 9, 2021.
  140. ^ "Larry Ellison: Oracle billionaire's $173M estate sets Florida record". USA Today. Archived from the original on August 15, 2022. Retrieved August 15, 2022.

Works cited

[edit]

Further reading

[edit]
[edit]
Wikimedia Commons has media related to Larry Ellison.
Wikiquote has quotations related to Larry Ellison.
Retrieved from "https://en.wikipedia.org/w/index.php?title=Larry_Ellison&oldid=1262881176"