Who is Larry Ellison? The Richest Man in the World Now!

Larry Ellison is one of the biggest names in technology and business. Recently, the 81-year-old set a record as the richest person in the world, even surpassing Elon Musk for the time being.

As a founder of Oracle, the world's largest software company, Ellison is not only known as a successful entrepreneur, but also as a very influential figure in the technology industry and United States politics.

We will discuss who Larry Ellison is and how he became one of the richest people in the world.

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Larry Ellison's Career Journey and the Beginnings of Oracle

Larry Ellison was born in New York in 1944 and grew up in Chicago. Although he did not graduate from college, Ellison managed to found Oracle in 1977 along with two of his colleagues, Bob Miner and Ed Oates.

They initially founded the company under the name Software Development Laboratories before finally changing its name to Oracle in 1982, a name taken from the database project they were working on forCIA.

The company began to grow rapidly in 1986 when Oracle made a CONDITION (Initial Public Offering) and listed on the stock exchange.

Ellison's leadership at Oracle

Ellison led Oracle for decades, serving as CEO until 2014, and remains the chairman today. Executive Chairman as well as Chief Technology Officer.

During Ellison's tenure, Oracle successfully dominated the database and enterprise software market, with revenues steadily increasing thanks to the success of products such asOracle Database And Oracle Cloud.

Most strikingly, in 2025, Oracle shares surged by about 43%, causing Ellison's wealth to skyrocket to nearly $90 billion in a single trading day, making him the richest person in the world for a moment, beatingElon Musk.

This increase is largely due to high demand for cloud services and AI (Artificial Intelligence), which is a new area that Oracle is exploring.

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Ellison's Involvement in Politics and Social Affairs

In addition to his success in the business world, Larry Ellison is also active in politics. He is known as a supporter of Donald Trump and has donated large sums of money to political campaigns, including supporting Tim Scott in the 2024 presidential election.

Ellison also appeared with Trump at the White House to announce major projects related to data centre and AI infrastructure.

Ellison also foundedEllison Institute of Technology, which focuses on developing technologies that can save lives, address global hunger, and combat climate change.

Through his institution, Ellison strives to create a better world with advanced technology.

Ellison's Luxurious Lifestyle and Investments

Larry Ellison is not only a successful businessman, but also has a very luxurious lifestyle. In 2012, Ellison purchased98% of Lana'i, the sixth largest island in Hawaii, previously owned by the companyCastle & Cooke.

He is also known as an accomplished sailor and team owner. Oracle Team USA, which managed to win the America's Cup in 2013.

In addition, Ellison is also active in the world of sports, reviving the Indian Wells tennis tournament in California, known as the "fifth slam." He also holds large stakes in several large companies, including CBS And MTV, through his family's investments.

Conclusion

Larry Ellison is a living example of extraordinary success in the world of business and technology. As the founder of Oracle, Ellison not only built one of the largest companies in the world, but also involved in various social, political and sporting endeavours.

With wealth that reaches almost $400 billion, Ellison has taken the top spot as the richest person in the world, on par with other major industry leaders.

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FAQ

Who is Larry Ellison?

Larry Ellison is the founder of Oracle, a successful businessman, and currently one of the richest people in the world with a fortune of nearly $400 billion.

How did Larry Ellison build his fortune?

Ellison built his fortune through founding Oracle, a fast-growing software company, and major investments in cloud and AI technologies.

What is Larry Ellison's role in politics?

Ellison is known as a supporter of Donald Trump and has donated millions of dollars to political campaigns, as well as being involved in various projects that support Trump's technology policies.

What does Larry Ellison do outside of business?

Ellison has a great interest in sports, especially cruising, and has a team that successfully won the America's Cup. It also buys Hope, the islands of Hawaii, as well as reviving tennis tournaments in Indian Wells.

What is the Ellison Institute of Technology?

Ellison Institute of Technology is an institution founded by Larry Ellison to develop technologies that can save lives, overcome hunger, and combat climate change.