Larry Ellison Biography

Larry Ellison full name is Lawrance Joseph Ellison was born on 17th August 1944 in New York City, United States of America. Allison's father was an Italian American United States Army Air Corps pilot. His parents had no money, and his childhood was marked by misery throughout his life.

When Ellison was only 9 years old, his mother gave him up for adoption to her sister, who raised him in Chicago. It was a simple family, with a loving mother and a strict, stubborn father. Larry was independent leading to frequent conflicts and misunderstandings with his stepfather and his peers. He would not see his mother again for 46 years. His mother, Louise, loved him deeply, but his father did less so.

After a year of part-time jobs, Larry Ellison intended to pursue a degree in physics and mathematics at the University of Chicago. However, he lost interest in the education process and, as a result of poor performance, was expelled after the first semester. In 1966, he moved to California at the age of 22.

In response to the September 11 terrorist attacks, Ellison offered to donate software to the U.S. government that would enable it to establish a new national identification database to issue ID cards and identify everyone with high accuracy.

Education

Larry Ellison's educational journey wasn't very stable. He enrolled at the University of Illinois, but left it incomplete after the death of his adoptive mother. He then enrolled at the University of Chicago, but only attended there for one semester. However, while studying at the University of Chicago, he learned the basics of computer programming.

In 1966, when he was 22, he moved to California for good and built his first computer. He continued his studies and learning. In 1977, he founded Software Development Laboratories with two colleagues and invested $2,000 in it.

In 1982, Oracle Systems Corporation was formed for its flagship product, the Oracle Database. Today, Ellison owns shares in Salesforce.com, Netsuite, Quark Biotechnology Inc., and Astex Pharmaceuticals, all of which are among the world's largest companies. Ellison has donated 1% of his wealth to charity and participated in the Giving Pledge campaign.

Personal Life:

Larry Ellison participated in sailing competitions with his American Oracle team, is a licensed pilot, and enjoys playing tennis and guitar.

Even in school, Larry Ellison was aindividual. While mostly interested in complex subjects such as spaceship construction, high technology, and engineering, he was bored by the schooling process.

In 2009, Larry Ellison purchased the Indian Wells Tennis Garden, near Palm Springs, California, and the Indian Wells Masters Tournament.

In 2004, Ellison donated  1% of Larry's wealth and joined the list of the 400 richest philanthropists. Ellison ranked 5th on the list.

In 2006, Larry donated $115 million to Harvard University. In 2010, Ellison and 39 other billionaires signed The Giving Pledge – a charitable commitment campaign that encourages the world's wealthiest individuals to contribute the majority of their wealth to philanthropy.

Larry Ellison is an example of someone who confidently brought innovation to the software industry.