22:21
+26 C°
Traffic jam:   2
$
72.2216
85.9943
ELLISON Lawrence (Larry) Joseph
ELLISON Lawrence (Larry) Joseph
Subscribe to the person
ELLISON Lawrence (Larry) Joseph
Person
ELLISON Lawrence (Larry) Joseph

ELLISON
Lawrence
(Larry)
Joseph

Position: Co-founder and the executive chairman and chief technology officer (CTO) of Oracle Corporation

Organization: Oracle

Date of Birth: 17 August 1944

Age: 76 years old

Place of Birth: New York City, New York, U.S.

Height: 191

Profession: Businessman

Content

Biography

Larry Ellison is the founder and CEO of Oracle Corporation, which earned him a spot as fifth wealthiest person in the world in 2014.

Background and Early Career

Larry Ellison was born in the Bronx, New York, on August 17, 1944, to single mother Florence Spellman. When he was nine months old, Ellison came down with pneumonia, and his mother sent him to Chicago to be raised by her aunt and uncle, Lillian and Louis Ellison, who adopted the baby.

After high school, Ellison enrolled at the University of Illinois, Champaign (1962), where he was named science student of the year. During his second year, his adopted mother died, and Ellison dropped out of college. The following fall, he enrolled at the University of Chicago, but he dropped out after only one semester.

Ellison then packed his bags for Berkeley, California, with little money, and for the next decade he moved from job to job at such places as Wells Fargo and Amdahl Corporation. Between college and his various jobs, Ellison had picked up basic computer skills, and he was finally able to put them to use as a programmer at Amdahl, where he worked on the first IBM-compatible mainframe system.

In 1977, Ellison and two of his Amdahl colleagues founded Software Development Labs and soon had a contract to build a database-management system—which they called Oracle—for the CIA. The company had fewer than 10 employees and revenue of less than $1 million per year, but in 1981, IBM signed on to use Oracle, and the company’s sales doubled every year for the next seven years. Ellison soon renamed the company after its best-selling product.

Oracle Corporation

In 1986, Oracle Corporation held its IPO (initial public offering), but some accounting issues helped wipe out the majority of the company’s market capitalization and Oracle teetered on the brink of bankruptcy. After a management shakeup and a product-cycle refresh, however, Oracle’s new products took the industry by storm, and by 1992 the company was the leader in the database-management realm.

Success continued, and as Ellison was Oracle’s largest shareholder, he became one of the wealthiest people in the world. Ellison set his sights on growth through acquisitions, and over the next several years he gobbled up several companies, including PeopleSoft, Siebel Systems and Sun Microsystems, all of which helped Oracle reach a market cap of roughly $185 billion with some 130,000 employees by 2014.

America's Cup

When he’s not busy bolstering his software empire, Ellison races yachts (his yacht Rising Sun is over 450 feet long—one of the largest privately owned vessels in the world), and in 2010 he joined the BMW Oracle racing team and won the prestigious America’s Cup. The victory brought the cup to the United States for the first time in 15 years, a win the team repeated in 2013.

Rating GlobalNY.biz

Takes place
general
№463
general
Takes place
area
№300
In rating
Business
area
Takes place
№39
In rating
Businessman
profession

Mentioned together

45th President of the United States
1 place
CEO of Tesla
2 place
Industrialist, media proprietor, and investor
3 place
Internet entrepreneur and philanthropist, CEO of Facebook
4 place
Businessman and the chief executive officer of Uber
5 place
CEO of Apple
6 place
President and CEO of Walmart
7 place
Сhief executive officer of Microsoft
8 place
Business executive and electrical engineer, who is the chief executive officer and president of Advanced Micro Devices (AMD)
9 place
Chairman and CEO
10 place
Chief Executive Officer
11 place
Chief Executive Officer
12 place
13 place
President and CEO
14 place
President and CEO
15 place

Colleagues

CEO of Oracle
1 place

Born in one day

Date of Birth: 17.08.1944. Age: 76. Zodiac sign: .
Horoscope : horoscope for today, horoscope for tomorrow, horoscope for week, horoscope for month, horoscope for year.
Days left until next birthday: 56 Days.
President & CEO at Beyond Meat
1 place

Discussion

Profile statistic

mentions
views
Companies rating
White House
14 Persons
United States Department of State
6 Persons
Microsoft
5 Persons
European Commission
5 Persons
National Aeronautics and Space Administration (NASA)
5 Persons
United States House of Representatives
4 Persons
Walmart
4 Persons
Google (Alphabet Inc)
4 Persons
Blackstone
4 Persons
Jet Edge
4 Persons
GlobalNY.biz pays special attention to the activities of famous people: politicians, officials, businessmen, bankers, cultural and sports figures. Their opinion largely determines the development of political, social and economic life in New York. The section is constantly edited by our journalists for the relevance of information. Here you can find information about CEOs and presidents of top New York companies, officials and public figures who play a key role in the development of the region.
The goal of the project is to create a comfortable information space for all market actors, as well as to acquaint the readership with business people in New York.
We have created an impressive database of people in New York, which contains information about a career path, education and other important information about a person.
Thanks to automatic counting of the number of mentions of a person in the news sections " New York News ”and“ New York Press Releases ”on the portal the rating of popularity and influence of persons is formed. The GlobalNY.biz team monitors rating changes and rewards project participants for their success. In general, the rating of participants is based on an in-depth analysis of the activity of PR services of famous people, and also reflects the qualitative state of the information field formed by the media and press services around the organization.
Business People of New York is a project about people who, through their ideas, words and deeds, have a great influence on the development and prosperity of New York.
Alena Potapova

Development Director