Ellison was born in New York City to an unwed Jewish mother. His biological father was an Italian-American United States Army Air Corps pilot. He was raised in a Reform Jewish home by his adoptive parents. In 1977, he founded Software Development Laboratories with two partners and an investment of USD 2,000. In 1979, the company renamed itself Relational Software Inc., and in 1983, officially became Oracle Systems Corporation.
About Larry Ellison in brief
Ellison was born in New York City to an unwed Jewish mother. His biological father was an Italian-American United States Army Air Corps pilot. Ellison was raised in a Reform Jewish home by his adoptive parents. In 1977, he founded Software Development Laboratories with two partners and an investment of USD 2,000. In 1979, the company renamed itself Relational Software Inc., and in 1983, officially became Oracle Systems Corporation after its flagship product, the Oracle Database. As of October 2019, he was listed by Forbes magazine as the fourth-wealthiest person in the United States and as the sixth- wealthiest in the world, with a fortune of USD 69. 1 billion. Ellison says that his fondness for Israel is not connected to religious sentiments, but rather due to the innovative spirit of Israelis in the technology sector. In 1990, Oracle laid off 10% of its workforce because it was losing money. Oracle became a successful database vendor to mid- and low-range systems, later competing with Sybase and Microsoft SQL Server. Ellison is a co-founder, the executive chairman and chief technology officer of Oracle Corporation. He is also a philanthropist and has donated more than $1 billion to causes that he believes are worthy of his time and money. He has been named one of the world’s most influential people by Forbes Magazine and The New York Review of Books, and is a member of the American Academy of Arts and Sciences and the American Institute of Architects.
Ellison has also been called one of America’s most successful business leaders by the New York Times, The Wall Street Journal, and The Sunday Times of New York, among other publications. He lives in San Francisco with his wife, Susan, and their three children, two sons, and a daughter. Ellison and his wife have a son, Mark Ellison, who is a senior vice president at Oracle and serves as the company’s chief operating officer. Ellison also has a daughter, Toni Ellison, a junior vice-president at Oracle, as well as a daughter-in-law, Jennifer Ellison, an executive vice-chairwoman of Oracle. Ellison’s wife is a former U.S. Secretary of State for Commerce and a former White House adviser to President George W. Bush. The couple have two children, Mark and Jennifer, who are now married and have three children of their own. The Ellison family has three grandchildren and one great-grandchild, a boy, a girl, and two step-grandchildren. The family lives in Chicago, Illinois, and Ellison has three step-great-granddaughters, a son and a step-daughter. He also has an adopted son, Michael Ellison, and an adopted daughter, who lives in California. Ellison is a self-confessed religious skeptic, but says he does not subscribe to the dogmas of Judaism. He was inspired by a paper written by Edgar F. Codd on relational database systems called \”A Relational Model of Data for Large Shared Data Banks\”.
You want to know more about Larry Ellison?
This page is based on the article Larry Ellison published in Wikipedia (as of Dec. 24, 2020) and was automatically summarized using artificial intelligence.
