Biography

Larry Ellison Net Worth, Wiki, Bio

Larry Ellison Net Worth is $61 Billion USD and earns an annual income of $4 Billion dollars. Larry Ellison is an American businessman, entrepreneur, and philanthropist who is co-founder, executive chairman and chief technology officer of Oracle Corporation. Larry Ellison recently bought a brand new Bentley luxury car for $650,000 USD. The Net Worth of Larry Ellison has seen a hike of 40% over the past few years. While calculating Larry Ellison Net Worth we have included the data updated as of this Quarter. Check out the Exclusive information on Larry Ellison Net Worth details such as Yearly Income, House, Car Collection, Investments etc.

Larry Ellison Net Worth and Income Details

Larry Ellison Net Worth 2017 House Cars Income

Larry Ellison Net Worth $61 Billion USD
Annual Income $4 Billion USD
Luxury Cars – 11 $4 million USD
Houses – 5 $250 million USD

Larry Ellison Cars

The Car collection of Larry Ellison is Quite Large. Larry Ellison owns few of the best luxury cars in the world. The Car brands owned by Larry Ellison include Bentley, Lexus and Rolls Royce.

Larry Ellison Biography

Larry Ellison was born in New York City, to an unwed Jewish mother. Larry Ellison biological father was an Italian American United States Army Air Corps pilot. After Larry Ellison contracted pneumonia at the age of nine months, his mother gave him to her aunt and uncle for adoption. Larry Ellison did not meet his biological mother again until he was 48.

Larry Ellison moved to Chicago’s South Shore, then a middle-class neighborhood. Larry Ellison remembers his adoptive mother as warm and loving, in contrast to his austere, unsupportive, and often distant adoptive father, who adopted the name Ellison to honor his point of entry into the United States, Ellis Island.

Louis Ellison was a government employee who had made a small fortune in Chicago real estate, only to lose it during the Great Depression.

Although Louis Ellison was raised in a Reform Jewish home by his adoptive parents, who attended synagogue regularly, he remained a religious skeptic. Ellison states: “While I think I am religious in one sense, the particular dogmas of Judaism are not dogmas I subscribe to.

I don’t believe that they are real. They’re interesting stories. They’re interesting mythology, and I certainly respect people who believe these are literally true, but I don’t. I see no evidence for this stuff.”

At age thirteen, Louis Ellison refused to have a bar mitzvah celebration. Louis Ellison says that his love affair with Israel is not connected to religious sentiments, but rather due to the innovative spirit of Israelis in the technology sector.

Louis Ellison left the University of Illinois at Urbana–Champaign after his second year, not taking his final exams, because his adoptive mother had just died. After spending a summer in Northern California, he attended the University of Chicago for one term, where he first encountered computer design. In 1966, aged 22, he moved to Northern California.

Larry Ellison Wiki

Louis Ellison made a brief cameo appearance in the 2010 movie Iron Man 2. In 2010, Ellison purchased a 50% share of the BNP Paribas Open tennis tournament. Louis Ellison owns many exotic cars, including an Audi R8 and a McLaren F1. ]

Louis Ellison favorite is the Acura NSX, which he was known to give as gifts each year during its production. Louis Ellison is also reportedly the owner of a Lexus LFA and a Lexus LS600hL.

Louis Ellison is a licensed pilot who has owned several aircraft. He was cited by the city of San Jose, California, for violating its limits on late-night takeoffs and landings from San Jose Mineta International Airport by planes weighing more than 75,000 pounds (34,019 kg).

In January 2000, Louis Ellison sued over the interpretation of the airport rule, contending that his Gulfstream V “plane is certified by the manufacturer to fly at two weights: 75,000 pounds, and at 90,000 pounds, for heavier loads or long flights requiring more fuel.

But the pilot only lands the plane in San Jose when it weighs 75,000 pounds or less, and has the logs to prove it.” US District Judge Jeremy Fogel ruled in Louis Ellison’s favor in June 2001, calling for a waiver for Ellison’s jet, but did not invalidate the curfew.

Louis Ellison styled his estimated $110 million Woodside, California, estate after feudal Japanese architecture, complete with a man-made 2.3-acre lake and an extensive seismic retrofit. In 2004 and 2005 he purchased more than 12 properties in Malibu, California, worth more than $180 million.

Larry Ellison Bio

The $65 million Ellison spent on five contiguous lots at Malibu’s Carbon Beach made this the most costly residential transaction in United States history until Ron Perelman sold his Palm Beach, Florida compound for $70 million later that same year.

Louis Ellison entertainment system cost $1 million, and includes a rock concert-sized video projector at one end of a drained swimming pool, using the gaping hole as a giant subwoofer.

In early 2010 Louis Ellison purchased the Astor’s Beechwood Mansion – formerly the summer home of the Astor family – in Newport, Rhode Island, for $10.5 million. In 2011 he purchased the 249-acre Porcupine Creek Estate and private golf course in Rancho Mirage, California, for $42.9 million.

The property was formerly the home of Yellowstone Club founders Edraand Tim Blixseth, and was sold to Ellison by creditors following their divorce and bankruptcy.

In June, 2012, the governor of Hawaii, Neil Abercrombie, declared that Louis Ellison had signed an agreement to buy most of the island of Lanai from the Castle & Cooke company, owned by David H. Murdock. Following the purchase Ellison owns 98% of Lanai, Hawaii’s sixth-largest island.

Louis Ellison was critical of NSA whistle-blower Edward Snowden, saying that “Snowden had yet to identify a single person who had been ‘wrongly injured’ by the NSA’s data collection.” He has donated to both Democratic and Republican politicians, and in late 2014 hosted Republican Senator Rand Paul at a fundraiser at his home.

Disclaimer

The net worth details are being posted/updated after conducting reasonable research. It is being reiterated that the details mentioned here are only ‘estimates’ which may or may not be the reality. While utmost care is taken by FinApp during the compilation of information to ensure that the estimated net worth is closer to the reality, FinApp shall not assume any liability or responsibility for the outcome of decision(s) taken as a result of any reliance placed in this post.

Further, if any of the readers have a credible information about any inaccuracy in the data posted, they may kindly let Finapp know about the same through an email to mail@finapp.co.in. Changes shall made based on such information after reasonable due diligence from FinApp’s side.

Larry Ellison Net Worth Growth Estimate

The Net Worth and Income of Larry Ellison is expected to continue to grow at a Strong pace. Over the next few years, Larry Ellison’s Net worth is likely to grow by around 50%.

Leave a Reply

Your email address will not be published. Required fields are marked *

Open

Close