Lawrence joseph ellison, better known as larry ellison, is an american entrepreneur and businessman who is the co-founder and former ceo of oracle corporation. He is widely regarded as one of the most influential figures in the technology industry.
Early life and education:
larry ellison was born on august 17, 1944, in new york city. His biological father was an italian-american air force pilot who was stationed in new york at the time, but he never met his father. He was raised by his mother and her second husband in chicago, illinois.
Ellison attended the university of illinois, where he studied physics and mathematics, but he dropped out before completing his degree. He then enrolled at the university of chicago, where he studied computer science, but he dropped out again before completing his degree.
Career:
in 1966, ellison moved to california and took a job at ampex corporation, where he worked on a project that involved developing a database for the cia. In 1973, he founded software development laboratories with two partners, which later became oracle corporation.
Oracle corporation started as a consulting firm that specialized in database management. In 1977, the company introduced its first software product, a relational database management system that revolutionized the way companies managed their data. The company went public in 1986, and its initial public offering (ipo) was one of the most successful in history.
Under ellison's leadership, oracle grew to become one of the world's largest software companies, with more than 135,000 employees and annual revenues of over $40 billion.
Ellison is known for his aggressive business tactics and his focus on winning at all costs. He has been involved in numerous legal disputes throughout his career, including a high-profile lawsuit with rival software company sap in 2010.
Personal life:
ellison has been married four times and has two children. He is known for his extravagant lifestyle, including his collection of sports cars and yachts. He is also an avid sports enthusiast and has been involved in competitive sailing and tennis.
Philanthropy:
ellison is known for his philanthropic efforts, particularly in the areas of medical research and education. In 2010, he founded the lawrence ellison foundation, which focuses on advancing research in aging and age-related diseases.
In addition, ellison has donated millions of dollars to educational institutions, including the university of southern california and the university of california, berkeley. He is also a founding member of the giving pledge, a commitment by the world's wealthiest individuals to give away the majority of their wealth to charitable causes.
Controversies:
ellison has faced criticism throughout his career for his brash personality and aggressive business tactics. He has been accused of bullying employees and competitors, and his company has been involved in numerous lawsuits and investigations.
In addition, ellison has been criticized for his lavish lifestyle and his support of political causes. He has been a major donor to republican political campaigns and causes, including a $10 million donation to a super pac supporting marco rubio's presidential campaign in 2016.
In conclusion, larry ellison's career as a technology entrepreneur has been marked by his aggressive business tactics and his focus on innovation. His philanthropic efforts in the areas of medical research and education have also been notable, though he has faced criticism for his personal and political activities. Despite the controversies surrounding him, ellison remains one of the most influential figures in the technology industry.
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