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Larry Ellison Net Worth 2023: Bio & Career

Larry Ellison

Larry Ellison a name that resonates with innovation, ambition, and sheer audacity in technology and entrepreneurship. As one of the most celebrated figures in Silicon Valley, Ellison has left an indelible mark on the world with his unparalleled vision and relentless pursuit of excellence.

Born on August 17, 1944, in New York City, Larry Ellison’s journey to greatness was anything but conventional. Raised in a modest background, he possessed an insatiable curiosity and a drive to challenge the status quo. With a brilliant mind and an unyielding determination, Ellison forged his path to becoming a titan in the tech industry.

Personal Life Of Larry Ellison 

  • Nickname- The Shark, Larry
  • Gender- Male
  • Age- 78 (as of 2023)
  • Date of Birth- 17 August 1944 
  • Birthplace- The Bronx, New York, United States
  • Full Name- Lawrence Joseph Ellison
  • Profession-Businessman and Investor
  • Religion-Judaism
  • Nationality- American
  • Zodiac Sign- Leo

Physical Statistics

  • Body measurement- 34-27-35
  • Height- 6 “3” (1.91 m m)
  • Weight-85 kg (167 lbs)
  • Hair Color- Brown Dark
  • Eye Color- Brown Dark

Larry Ellison’s Net Worth

Larry Ellison, an esteemed American entrepreneur, and investor, has established himself as a prominent figure in the business world. Renowned for his exceptional achievements, Ellison’s remarkable success has earned him recognition on the Bloomberg Billionaires Index. As of February 2023, he occupied the impressive sixth position on the index, showcasing his estimated net worth of $102.6 billion. Ellison is also notable for his substantial ownership stake of 98% in Lanai, the sixth-largest island in the Hawaiian Archipelago.

Leatest News About Larry Ellison

Larry Ellison’s Net Worth Growth

Larry Ellison is the co-founder and former CEO of Oracle Corporation and is currently the company’s chairman and chief technology officer. He is the fifth-wealthiest person in the world, with a net worth of $121 billion as of June 2023.

Ellison’s net worth has grown significantly due to several factors. First, Oracle has continued to grow and expand its business, which has benefited Ellison as a significant shareholder. Second, Ellison has made several successful investments in other companies, such as Tesla and NetSuite. Third, Ellison has an essential real estate portfolio, which is also appreciated.

Ellison’s net worth is expected to continue to grow in the future. He is still relatively young and has a strong business success track record. He is also known for his aggressive investing style, which could lead to even more gains in the future.

YearNet worth
Net worth in 2015$54.3 billion
Net worth in 2020$77.5 billion
Net worth in 2021$108.9 billion
Net worth in 2023$129.8 billion

Larry Ellison Earning And Source

Larry Ellison is the co-founder, executive chairman, and chief technology officer of Oracle Corporation. He is one of the wealthiest people in the world, with a net worth of over $100 billion. Ellison’s earnings come from a variety of sources, including:

  • Salary: Ellison’s base salary from Oracle is $1. However, he also receives millions of dollars in stock options and bonuses. In 2022, Ellison’s total compensation from Oracle was $146 million.
  • Capital gains: Ellison has made billions of dollars from selling Oracle stock. In 2021, Ellison sold $10.1 billion worth of Oracle stock, generating a capital gain of $4.7 billion.
  • Other investments: Ellison has invested in various other businesses, including Tesla, NetSuite, and Salesforce. He has also made significant investments in real estate, including a 98% stake in the Hawaiian island of Lanai.

Larry Ellison Biography

Ellison was born in New York City in 1944. He was adopted at nine months by Lillian and Louis Ellison, who raised him in Chicago. Recognized for his remarkable achievements, Ellison’s wealth has earned him a prominent position on the Bloomberg Billionaires Index. As of February 2023, he was ranked as the sixth-wealthiest individual globally, with an estimated fortune of $102.6 billion.

During his academic journey, Ellison pursued studies at the University of Illinois at Urbana–Champaign and later at the University of Chicago. However, he discontinued his education at both institutions without completing his degree. In 1977, Ellison embarked on a remarkable entrepreneurial venture by co-founding Oracle Corporation alongside Bob Miner and Ed Oates. 

Larry Ellison Career

  • Larry Ellison began his career in the early 1970s as a programmer at Ampex Corporation.
  • In 1977, he co-founded Software Development Laboratories (SDL).
  • SDL later transformed into Oracle Corporation, a software company.
  • Under Ellison’s leadership, Oracle experienced significant growth, becoming one of the largest software companies globally.
  • In 2014, Ellison stepped down as CEO of Oracle but continued to hold positions as the company’s executive chairman and chief technology officer (CTO).

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