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Larry Ellison

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Larry Ellison
Lawrence Joseph ‘Larry’ Ellison is an American businessman, best known as the co-founder and CEO of multi-billion dollar software company, ‘Oracle Corporation’. He was a university dropout who was highly inclined towards the newly developing computer design system and in pursuit of success moved to California from Chicago. He started out by developing databases for CIA and quickly escalated to the idea of forming his own company, after developing the database ‘Oracle’. He co-founded ‘Software Development Laboratories’, which later came to be known as ‘Oracle Corporation’, with an initial investment of $2000. The company grew in the software market progressively since its foundation and with a fortune of about $ 52 billion Ellison is the third richest man in America. It is inspiring to note how a person with such a difficult childhood and youth, who was abandoned by his biological mother, never knew his biological father and was raised by an adoptive father who was distant and critical of him, achieved such great heights in life. Ellison is a man who achieved brilliance against all odds because of his courage, talent, strong ideas and hard work.
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Born
August 17, 1944
Birth Place
Manhattan, New York
Nationality
American
Sun Sign
Leo
Also Known As
Lawrence Joseph Ellison
Famous As
Founder of Oracle
Personality
ESFP
Height
6'3" (190 cm)
Education
University of Chicago (1964–1966), University of Illinois at Urbana-Champaign (1962–1964), South Shore High School
Founder/Co-Founder
Software Development Laboratories
Father
Louis Ellison
Mother
Florence Spellman, Lillian Ellison
Spouse(s)
Adda Quinn (m. 1967–1974), Barbara Boothe (m. 1983–1986), Melanie Craft (m. 2003–2010), Nancy Wheeler Jenkins (m. 1977–1978)
Children
David Ellison, Megan Ellison
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Engadget

Oracle CEO Larry Ellison joined call about contesting Trump’s election loss

Oracle CEO Larry Ellison was involved in a call where a number of influential GOP figures—including Senator Lindsay Graham (R-SC), Fox News anchor Sean Hannity and Trump attorney Jay Sekulow — brainstormed ways to contest the 2020 presidential election, the Washington Post. Details of the call which occurred on November 14, 2020 were revealed in new court filings from a lawsuit brought by voting rights organization Fair Fight against True The Vote, a conservative Texas that disputes the results of the 2020 presidential election.
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Picture for Oracle CEO Larry Ellison joined call about contesting Trump’s election loss
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protocol.com

Larry Ellison reportedly participated in a call about contesting the 2020 election

Larry Ellison was among the participants on a call in November 2020, during which top Trump allies discussed ways to contest the election results, according to The Washington Post. It's unclear what role Ellison played on the call, but The Post found evidence of Ellison's apparent involvement in court records and confirmed with one of the call's other participants.
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Elon Musk Lines Up Additional $7.1 Billion for Twitter Takeover, Including $1 Billion From Larry Ellison

Click here to read the full article. Elon Musk is getting a little help from billionaire friends for his $44 billion Twitter takeover. According to an SEC filing Thursday, Musk has secured $7.14 billion in new financing commitments for the Twitter bid, including $1 billion from Larry Ellison. Ellison, co-founder and CTO of software giant Oracle, sits on the board of Tesla, which Musk heads as CEO. In addition, under an agreement with Musk, Prince al-Waleed bin Talal of Saudi Arabia committed to retain the equity he owns in Twitter — his 35 million shares are worth $1.9 billion at Musk’s buyout...
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The Verge

Elon Musk got $1 billion from Larry Ellison for his Twitter takeover

Elon Musk has secured $7.1 billion in new financing for his takeover of Twitter — which CNBC reports will include assuming the role of “temporary CEO” — with this round of funding coming from a group of sometimes high-profile outside investors. At the top of the list is Larry Ellison, with the co-founder and current CTO of Oracle committing $1 billion to the purchase.
BUSINESS
Ars Technica

Larry Ellison chips in a cool billion toward Musk’s Twitter takeover

Elon Musk has raised $7.14 billion of funding for his $44 billion buyout of Twitter from investors including Oracle co-founder Larry Ellison, crypto exchange Binance, and asset management firms Fidelity, Brookfield, and Sequoia Capital. With the new financing commitments, Musk will cut the margin loan he has taken with a...
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New York Post

Elon Musk secures $7.14B from Larry Ellison, others to buy Twitter

Elon Musk has secured $7.14 billion in funding from a coterie of investors including Oracle’s co-founder Larry Ellison to fund his $44 billion purchase of Twitter. Musk, the world’s richest person with a net worth valued by Forbes at $265.4 billion, also received equity commitment letters from investors such as Sequoia Capital, Brookfield, Qatar Holding, and others, according to securities filings. The move will help Musk reduce a margin loan against his stake in Tesla to $6.25 billion from the $12.5 billion announced earlier, the filing revealed. The Post reported on Wednesday that Musk was closing in on raising $10 billion in cash...
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