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Larry Ellison

Definition

Lawrence Joseph Ellison is an American businessman, entrepreneur, and philanthropist who is co-founder, executive chairman and chief technology officer of Oracle Corporation. As of June 2018, he was listed by Forbes magazine as the fifth-wealthiest person in the United States and as the eighth-wealthiest in the world, with a fortune of $54.5 billion.

What is 'Larry Ellison'

The founder and CEO of software company Oracle Corp. His company successfully went public in 1986, but suffered from quality-control problems in 1988. These issues led to cash flow problems, operating losses, a declining share price and near bankruptcy a couple years later. New top management worked with Ellison to turn these problems around by 1994. Ellison was also early to recognize the importance of the internet and positioned the company to benefit from the dot-com boom. His net worth has repeatedly ranked him as one of the richest men in the world.

Explaining 'Larry Ellison'

Born in New York City in 1944, Ellison did not graduate from college. Instead, he found that he was skilled at software programming. He worked as a computer programmer for about 10 years before founding Oracle in 1977 - although the company did not take that name until 1983. It was initially called Software Development Laboratories. Harvard Business School named him Entrepreneur of the Year in 1990.


Further Reading


Economic wealth and political power in the second Gilded Age
www.elgaronline.com [PDF]
… OF WEB DESIGN ACCORDING TO INTERNATIONAL STANDARDS OF FINANCIAL REPORTING IAS / IFRS … Elena Ştefan cel Mare University of Suceava, Faculty of Economic Science and … every second “The Internet has changed everything!” said Larry Ellison, Oracle chairman …

Is Wild Larry Now Crazy Larry?Is Wild Larry Now Crazy Larry?
www.tandfonline.com [PDF]
… OF WEB DESIGN ACCORDING TO INTERNATIONAL STANDARDS OF FINANCIAL REPORTING IAS / IFRS … Elena Ştefan cel Mare University of Suceava, Faculty of Economic Science and … every second “The Internet has changed everything!” said Larry Ellison, Oracle chairman …

Analysts analyzed: a socio-economic approach to financial and emerging marketsAnalysts analyzed: a socio-economic approach to financial and emerging markets
journals.sagepub.com [PDF]
… OF WEB DESIGN ACCORDING TO INTERNATIONAL STANDARDS OF FINANCIAL REPORTING IAS / IFRS … Elena Ştefan cel Mare University of Suceava, Faculty of Economic Science and … every second “The Internet has changed everything!” said Larry Ellison, Oracle chairman …

Trends in multi-authored papers in economicsTrends in multi-authored papers in economics
www.aeaweb.org [PDF]
… OF WEB DESIGN ACCORDING TO INTERNATIONAL STANDARDS OF FINANCIAL REPORTING IAS / IFRS … Elena Ştefan cel Mare University of Suceava, Faculty of Economic Science and … every second “The Internet has changed everything!” said Larry Ellison, Oracle chairman …



Q&A About Larry Ellison


When did Ellison start college ?

He started college at University of Illinois at Urbana–Champaign but dropped out after two years without graduating..

What is the name of this article?

This article is about Larry Ellison.

Who named him Entrepreneur of the Year?

Harvard Business School named him Entrepreneur of the Year in 199.

What is Larry Ellison?

The founder and CEO of software company Oracle Corp.

How old was he when he started working for Oracle Corporation?

He was 27 years old when he started working for Oracle Corporation.

What does his net worth rank him as?

His net worth has repeatedly ranked him as one of the richest men in the world.

Who is Larry Ellison?

Lawrence Joseph Ellison (born August 17, 1944) is an American business magnate and investor who is a co-founder, the executive chairman and chief technology officer (CTO) of Oracle Corporation. As of April 221, he was listed by Bloomberg Billionaires Index as the ninth-wealthiest person in the United States and as the tenth-wealthiest in the world, with a fortune of 93.9 billion, increased from 57.3 billion in 218.

Where does he live?

He lives on Lanai Island in Hawaii.

When did he found the company that would become Oracle Corp.?

He founded Software Development Laboratories in 1977, but it didn't take on the name of Oracle until 1983.