Larry Ellison, the co-founder of Oracle Corporation, is one of the wealthiest individuals in the world. Larry Ellison Net Worth 2024 has soared to incredible heights, making him a prominent figure in the tech industry and beyond. This blog post delves into various aspects of his life, including his net worth, personal life, education, and business ventures.
Larry Ellison Net Worth in Billions
Larry Ellison’s net worth in 2024 is estimated to be around $120 billion. This astronomical figure places him among the top billionaires globally, thanks to his significant stake in Oracle and other lucrative investments.
Larry Ellison Net Worth 2014-2024
Here is the detailed overview of Larry Ellison Net Worth from 2014 to 2024. These figures have measured in billions and USD.
Year | Net Worth (In Billions USD) |
---|---|
2014 | 49.3 |
2015 | 54.3 |
2016 | 47.6 |
2017 | 61.6 |
2018 | 58.4 |
2019 | 62.5 |
2020 | 59.0 |
2021 | 93.0 |
2022 | 97.5 |
2023 | 102.0 |
2024 | 120.0 |
Larry Ellison Net Worth in Rupees
For those curious about Larry Ellison’s net worth in Indian Rupees, it amounts to approximately ₹9,000,000 crores. The conversion highlights the vastness of his wealth in a currency familiar to a large global audience.
Larry Ellison Spouse
Larry Ellison has been married and divorced four times. His most recent spouse was Melanie Craft, a romance novelist, whom he married in 2003 and divorced in 2010. Ellison has always been known for his private personal life, keeping details about his relationships mostly out of the public eye.
Larry Ellison Age
Born on August 17, 1944, Larry Ellison is 79 years old as of 2024. Despite his age, he continues to be an influential figure in the business world, showing no signs of slowing down.
Larry Ellison Wife Age
Larry Ellison’s most recent wife, Melanie Craft, was born on February 6, 1969, making her 55 years old in 2024.
Larry Ellison Education
Larry Ellison attended the University of Illinois at Urbana-Champaign and the University of Chicago but did not complete his degree. Despite this, his keen interest in computer technology laid the foundation for his future success with Oracle.
Larry Ellison Height
Standing tall at 6 feet 3 inches (191 cm), Larry Ellison has a commanding presence, both physically and in the business world.
Larry Ellison Wife
In regard to Larry Ellison Wife, his private life includes multiple marriages, with his most notable being to Melanie Craft. His relationships have often attracted media attention, though Ellison himself remains focused on his business endeavors.
Larry Ellison House
Larry Ellison owns an impressive array of properties, including a Japanese-inspired estate in Woodside, multiple oceanfront mansions in Malibu, the expansive Porcupine Creek estate in Rancho Mirage, the Hawaiian island of Lanai, and several picturesque properties along Lake Tahoe. Larry Ellison House and his real estate portfolio showcase his taste for luxury and strategic investment.
1. Woodside Estate, California:
This Japanese-inspired property is one of most renowned Larry Ellison House. Spanning over 23 acres, it features a man-made lake, tea house, and a koi pond, reflecting his appreciation for Japanese culture.
2. Malibu, California:
Ellison owns several properties in Malibu, including oceanfront mansions on Carbon Beach, often referred to as “Billionaire’s Beach.” These homes offer stunning ocean views and luxurious amenities.
3. Porcupine Creek, Rancho Mirage:
This 249-acre estate includes a 16,000-square-foot main house, multiple guest houses, and a private golf course. It’s a retreat known for its exclusivity and opulence.
4. Lanai, Hawaii:
Ellison purchased 98% of this Hawaiian island, including two Four Seasons resorts and vast stretches of land. His vision for Lanai involves transforming it into a sustainable paradise with modern amenities.
5. Lake Tahoe, Nevada:
Ellison owns several properties along Lake Tahoe, including the historic Cal Neva Lodge. These properties offer picturesque lake views and serve as luxurious vacation spots.
Larry Ellison Net Worth Real Time
Larry Ellison’s net worth fluctuates with the stock market, especially with Oracle’s performance. Real-time tracking places his wealth at approximately $120 billion, although it can vary daily.
Larry Ellison Business
Larry Ellison co-founded Oracle Corporation in 1977, transforming it into a global leader in database software. His innovative vision and leadership have been key to Oracle’s success, making it a powerhouse in the tech industry.
Larry Ellison Yacht
Larry Ellison owns several yachts, with the most famous being the Rising Sun, a 454-foot yacht that ranks among the largest in the world. His passion for sailing is well-documented, and he often participates in competitive sailing events.
Larry Ellison Island
In 2012, Larry Ellison purchased 98% of Lanai, the sixth-largest island in Hawaii, for an estimated $300 million. Larry Ellison Island included two Four Seasons resorts, a considerable amount of residential and commercial real estate, and nearly all the undeveloped land on the island. Here are some key points about Lanai under Larry Ellison’s ownership:
1. Vision for Larry Ellison Island (Lanai):
Ellison has ambitious plans for Lanai, aiming to transform it into a model for sustainable living. His vision includes developing the island’s infrastructure, promoting renewable energy, and enhancing agriculture to create a self-sufficient community.
2. Economic Impact:
Ellison’s investment has brought significant economic benefits to the island. The development projects have created jobs and improved the quality of life for the residents. His focus on tourism, real estate, and technology has revitalized the island’s economy.
3. Sustainability Efforts for Larry Ellison Island:
One of Ellison’s key initiatives is to make Lanai a sustainable paradise. He plans to implement renewable energy solutions, such as solar power and desalination plants, to reduce the island’s carbon footprint and dependence on imported resources.
4. Tourism and Hospitality:
The Four Seasons Resorts on Lanai are world-renowned luxury destinations. Under Ellison’s ownership, these resorts have undergone significant renovations and upgrades, attracting high-end tourists and enhancing Lanai’s reputation as a premier travel destination.
5. Agricultural Development:
Ellison has invested in agricultural projects on the island, aiming to grow fresh produce for local consumption and export. His goal is to make Lanai more self-sufficient and less reliant on imported food.
Interesting Facts About Larry Ellison Net Worth 2024
- Larry Ellison was born in New York City to an unwed mother and was raised by his aunt and uncle in Chicago. He didn’t learn about his adoption until he was twelve. Despite his humble beginnings and the challenges he faced growing up, Ellison’s resilience and determination propelled him to incredible success.
- He attended both the University of Illinois at Urbana-Champaign and the University of Chicago but did not graduate from either institution. Instead, he pursued his passion for computer technology, which led to the founding of Oracle Corporation in 1977. His story is a testament to the fact that traditional education paths are not the only routes to success.
- Ellison is an avid sailor and has won several prestigious sailing competitions. He owns one of the world’s largest and most luxurious yachts, the Rising Sun, which is 454 feet long. His love for the ocean and competitive sailing showcases his adventurous spirit and dedication to excellence in all his endeavors.
- In addition to his technological ventures, Ellison has a vast real estate portfolio. He owns properties all over the world, including entire neighborhoods in Malibu, California, and the Hawaiian island of Lanai, which he purchased for an estimated $300 million. His real estate investments reflect his appreciation for luxury and strategic investment.
- Despite his reputation for being a tough business leader, Ellison is also known for his philanthropic efforts. He has signed The Giving Pledge, committing to donate at least half of his wealth to charitable causes. He has contributed significantly to medical research, education, and global health initiatives, demonstrating his commitment to making a positive impact on the world.
Larry Ellison Net Worth 2024 FAQ’S
Here are some most frequently asked questions related to Larry Ellison net worth.
What is the Salary of the CEO of Oracle?
As of 2024, the CEO of Oracle, Safra Catz, earns an estimated annual salary of around $100 million, including bonuses and stock options. This compensation reflects the high stakes and significant responsibilities of leading a tech giant.
Does Larry Ellison Still Own Oracle?
Yes, Larry Ellison remains a significant shareholder in Oracle. Although he stepped down as CEO in 2014, he continues to play an active role in the company as the Chairman of the Board and Chief Technology Officer.
How Much Did Larry Ellison Start Oracle With?
Larry Ellison started Oracle with an initial investment of $1,200. This modest beginning highlights his journey from a small startup to a global enterprise worth billions.
Who is the CEO of Oracle?
The current CEO of Oracle is Safra Catz. She has been with Oracle since 1999 and has served as CEO since 2014, continuing to drive the company’s growth and innovation.
Why is Larry Ellison So Successful?
Larry Ellison’s success can be attributed to his visionary approach, relentless drive, and ability to foresee technological trends. His commitment to innovation and excellence has been a cornerstone of Oracle’s growth.
Who Owns the Most of Oracle?
Larry Ellison is the largest individual shareholder of Oracle, holding a significant percentage of the company’s shares. This ownership solidifies his influence and control over the company’s direction.
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