Discover Larry Ellison Net Worth: Oracle's Chairman And His Billions

Have you ever wondered about the incredible wealth held by some of the world's most successful people? So, many individuals find themselves curious about figures like Larry Ellison. He is a name often heard when discussing significant fortunes. His journey from co-founding a software giant to becoming one of the planet's richest individuals is quite a story.

This article aims to give you a clear picture of Larry Ellison's financial standing. We will look at how his wealth grew. It is a story tied very closely to the success of Oracle, the company he helped create. We will cover the main points of his career and his current financial situation.

Understanding Larry Ellison net worth means looking at his role at Oracle. It also means seeing how his ownership in the company plays a part. We will discuss the details of his fortune and some of the recent changes it has seen. This information comes straight from facts about his business life.

Table of Contents

• Who Is Larry Ellison? A Brief Biography
• Personal Details and Bio Data
• The Source of His Fortune: Oracle's Rise
• Larry Ellison Net Worth Today
• Recent Surges in Wealth
• Frequently Asked Questions About Larry Ellison

Who Is Larry Ellison? A Brief Biography

Larry Ellison is an American entrepreneur. He is a person who starts businesses. He is widely known for his work in the software world. Ellison is the chairman of Oracle. He is also the chief technology officer for the software giant. Furthermore, he is a co-founder of the company. These roles show his deep involvement in the business.

He played a very big part in Oracle's operations for many years. He served as the company's CEO. This role lasted for a long time. He held that position for 37 years. Then, he decided to step down from the CEO role in 2014. Even after leaving that top spot, he remained a key figure at Oracle. He still helps guide the company.

His connection to Oracle is very strong. He is the largest shareholder in the company. This means he owns a lot of its stock. This ownership is a big reason for his wealth. Oracle makes database software. This software is used by many businesses around the world. It is a core part of their operations.

Personal Details and Bio Data

The Source of His Fortune: Oracle's Rise

The vast wealth of Larry Ellison comes almost entirely from Oracle. He earned his enormous fortune as the founder of this software giant. Oracle makes software that helps businesses manage their information. This type of software is very important for companies. It helps them store and organize large amounts of data. This is what makes Oracle so valuable.

Oracle has grown into a very big company over the years. It reported revenue of $53 billion in the year to May 31, 2024. This shows just how much money the company brings in. Ellison owns a significant part of this successful business. He holds roughly 40% of Oracle. This large ownership stake means that as Oracle does well, his personal wealth also grows considerably. This is how his fortune has become so large.

Larry Ellison Net Worth Today

Larry Ellison is an American billionaire entrepreneur. He has a net worth of $305 billion. This figure shows the incredible amount of money he has accumulated. His fortune places him among the very richest people on the planet. This wealth comes from his deep involvement with Oracle. He is the founder and also the largest shareholder of the company.

His net worth is not something that stays fixed. It can change quite a bit. The value of his Oracle shares goes up and down with the stock market. So, when Oracle's stock performs well, his net worth can see big increases. This is a common thing for people who hold large amounts of stock in major companies. It means his wealth is tied to the company's ongoing success.

To learn more about other tech billionaires on our site, you might find it interesting to explore how their wealth compares. It is a fascinating topic for many people.

Recent Surges in Wealth

Larry Ellison's net worth has seen some really big jumps recently. The chairman’s net worth surged by a significant amount. For example, Ellison got about $18 billion richer by midday Tuesday. This happened as his net worth rose from $173.3 billion to $191.7 billion. That is a quick and substantial increase. This particular rise even put him ahead of Facebook co-founder Mark Zuckerberg, whose fortune was around $174 billion at that time. That is quite a jump, you know?

His wealth also rocketed by more than $40 billion from Wednesday to Friday. This pushed his net worth to $258 billion. This was easily the largest daily bump seen by any billionaire on both those days. These kinds of rapid increases show how quickly fortunes can change for those with large company holdings. It also highlights the strong performance of Oracle. You can find more information about Oracle's business strategies on this page. This shows how his fortune is very much connected to the company's business.

Frequently Asked Questions About Larry Ellison

What is Larry Ellison's current net worth?

Larry Ellison's net worth is $305 billion. This figure makes him one of the wealthiest people globally. It comes from his long career in software. He has built a massive fortune.

How did Larry Ellison earn his fortune?

Larry Ellison earned his enormous fortune as the founder of the software giant Oracle. He also holds a very large ownership stake in the company. This ownership is the main source of his wealth.

What percentage of Oracle does Larry Ellison own?

Larry Ellison owns roughly 40% of Oracle. This makes him the largest shareholder. His significant ownership means his personal wealth is directly linked to Oracle's performance.

You can find more general information about how the wealth of top business leaders changes over time by visiting a reputable financial news source, like Bloomberg Billionaires Index. This index provides up-to-date information on the world's richest people. It is a good way to track these kinds of things.