Wednesday, September 28, 2011

Who is Larry Ellison?




Technology is a money maker...and many technology makers make a lot of money.

Of all the fortunes made in technology, Bill Gates made the largest. Once again Forbes 400 ranked the Microsoft founder the richest man in America.

How rich is Gates? He is $59 billion rich.

Sure most of us have heard of Bill Gates...but in the background is another technology maker worth billions of dollars also. That man is Larry Ellison the third richest man in America.

Who?

Larry Ellison is the founder and CEO of Oracle. Oracle is a powerful database system used by large companies including the government. According to Forbes 400, Ellison's net worth is $33 billion.

Ellison grew up on Chicago's north side. After he graduated from high school, he attended the University of Illinois but left before earning his degree to pursue his love of computer design.

In 1979 he founded Oracle and as they say, the rest is history...For the first seven years of its existence Oracle doubled in size every year, taking Ellison rapidly from millionaire status to a billionaire.

Ellison is very different from billionaire Gates. He leads a flamboyant lifestyle...

Ellison has been married four times, owns a $200 million yacht, owns numerous exotic cars, built a home worth $110 million and is a licensed pilot...AND he participated in winning the America's Cup in 2010.

When you think about it, this techie billionaire is not really less known because he is the third richest man in America as opposed to the first.

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