Larry Ellison – Biography, lifestyle, net worth 

Larry Ellison
Net Worth Around:146.1 Billion Dollars
Name Of The Celebrity:Larry Ellison
Birth Date:17 August, 1944
Birth Place:Lower East Side, New York City
Age:79 Years Old
Gender Identity:Male
Marital Status:Divorced 4 Times And Currently Unmarried
Children:2
Profession:Businessman & Investor
Company Name:Oracle
Citizenship:USA

How much is Larry Ellison’s net worth? This is a question that many of us may have. Some people became celebrities by acting, singing, or dancing and became rich after that. 

But some became famous because they had more money than anyone else in the world. Every one of the richest people in the world is indeed a celebrity. Larry is the 4th richest person in the whole world right after Amazon founder Jeff Bezos. 

Many people around the world are interested in him and want to know more about him. Like his personal life, education, career, and last but not least his net worth. 

Biography

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Larry Ellison had a troubled childhood where his adoptive mother loved him but her adoptive father never became the father figure for him. But still, he grew up well, and today he is one of the richest in the whole world. 

✔Early Life & Education:

Larry was born on 17th August 1944 in New York City to a single mother. He was born Jewish and later adopted by his aunt. His actual name was Lawrence Joseph Ellison. 

He completed his schooling at South Shore High School Eugene Field Elementary School Park Ridge and graduated from the University of Illinois, University of Chicago. 

✔Career:

Larry is the co-founder of the computer technology corporation Oracle. He had a challenging time throughout his career when he was the CEO and Chief Technological Officer. In 2014 he let go of his position as a CEO of the company. 

✔Tesla Involvement:

Larry and Elon Musk have been friends for a long time and for some months in 2018, Larry Ellison spent $1 billion and acquired 3 million shares of Tesla making him a 1.7 percent owner of Tesla. When the company did a 5-1 stock split in 2020 he owned 15 million shares of the company but in 2022 he left the Tesla Board. 

✔Personal life:

Larry has been married four times and has two children. He was married to his last wife, romance writer Melanie Craft, from 2003 to 2010. Larry’s good friend Steve Jobs was the official wedding photographer for their ceremony. 

He has two children with his third wife, Barbara Boothe, to whom he was married from 1983 to 1986. His two children, David and Megan Ellison, are filmmakers. He was first married to Adda Quinn from 1967 to 1974 and his second marriage with Nancy Wheeler Jenkins lasted only 1 year (1977-1978). 

Lifestyle

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Larry Ellison lives a lavishing and luxurious lifestyle and seeing the collection of properties he has it’s pretty obvious. He also did a cameo in the Iron Man 2 movie. He has a lot of achievements in his life and that’s why in 1997 he received the Golden Plate Award from the American Academy of Achievement.

✔Philanthropy:

Larry Ellison was also famous for his philanthropic work. He made multiple donations to medical facilities after receiving treatment at the University of California, Davis, he donated $5 million to the Lawrence J. Ellison Musculo-Skeletal Research Center. 

He opened an Ambulatory Care Center on the Sacramento campus of the UC Davis Medical Center in 1998. According to a report by Forbes that was published in 2004 Larry made donations of around $151,092,103, which is 1 percent of his wealth. 

He made a donation of 10 million dollars to the Friends of the Israel Defense Forces in 2014. Ellison donated $200 million to the University of Southern California so that they could establish a cancer research center. 

According to some reports Larry spent around $500 million on the Hawaiian island of Lanai to build roads, a water treatment facility, and an art movie theater. 

Net Worth

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Larry owns around 42 percent of Oracle and 1.7% of shares of Tesla through his huge investment in the company. He is currently 79 years old and according to many leading magazines, he has a net worth of around 146.1 billion dollars. 

Larry’s net worth made him one of the richest in the whole world and brought him on the list with business tycoons like Jeff Bezos, Elon Musk, Warren Buffet, etc. 

✔Assets:

Being one of the richest Larry of course has many assets worth millions but there is a difference between rich people and Larry. Rich people have a house and Larry has a collection of luxurious houses. Larry Ellison has multiple properties in many locations like Japan, Hawaii, Malibu, San Francisco, Lake Tahoe, and Rhode Island. 

A 45-acre estate in California is his current residence. It is a 16th-century Japanese estate which is worth $200 million. Larry spent around $180 million on 12 properties in Malibu from 2004 to 2005. In 2010 he acquired the Astor family mansion in Rhode Island with $10.5 million. 

He spent around $43 million to buy a Porcupine Creek Estate golf course in Rancho Mirage, California in 2011. He acquired almost 98 percent of the Hawaiian island from Castle& Cooke company for $300 million. 

Ellison spent $80 million on a Florida mansion in Palm Beach in 2021. Larry is a huge tennis fan that’s why  Ellison owns the Indian Wells Tennis Garden in Coachella, California with $100 million. He also owned the 12th largest yacht Rising Sun for many years. 

Ellison once bought the airline Island Air to bring guests to Lanai. He is also the owner of two military fighter jets, one decommissioned Soviet MiG-29 and another one is a SIAI-Marchetti S.211

Conclusion

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So, to wrap it up it can be said Larry Ellison has one true inspirational life. This is all the information and interesting facts about 79-year-old Larry who has a net worth of around $146.1 billion and is currently the 4th richest person in the entire world. Hope you like the article. 

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