|
Knowing the journey of important personalities always inspires us when it comes to personal, career and business development. And the story of Larry Ellison , American technology billionaire! In this post, we explain who the co-founder of Oracle is, how he earned his fortune and more details about his personal and professional life. Check it out now! Who is Larry Ellison? Larry Ellison is one of the founders of Oracle, a multinational in the technology sector, focusing on cloud computing solutions, information management systems and databases. Today, according to Forbes Magazine, he is the fourth richest person in the world, with an estimated fortune of US$130 billion ! It is not uncommon to see him described as “visionary” and “innovative”. And it is not for nothing. The company founded by him and his friends was responsible for creating the first structured database query language, Structured Query Language (SQL), which soon became a standard.
The billionaire's trajectory Larry Ellison's life story is far from the standard of other billionaires. He was born in the Bronx, the son of a single teenage mother who, unable to give her son a good upbringing, sent him to live with relatives in Chicago. There, he had access to studies and went to Brother cell phone list university twice, but never completed higher education. Instead, he occupied himself with learning programming and began working in technology organizations, which would be crucial for later creating his own company in the sector. How did Larry Ellison accumulate his fortune? The majority of Larry Ellison's fortune comes from Oracle's profits and his power over the company: he owns more than 40% ofactionsof the company , which has a market capitalization of almost US$320 billion.
Furthermore, the billionaire is also a shareholder in other corporations such as Tesla, in the electric car sector. The founding of Oracle While working in the technology field, Ellison discovered a new way of organizing data in a simplified way, at a time when databases were still in their infancy. Inspired by this, he joined Bob Miner and Ed Oates and together they created Software Development Laboratories in 1977, which would change its name to Oracle in 1983. In later years, they developed the SQL language. The most interesting thing is that one of the company's first clients was the CIA , the United States intelligence agency! As a result, they became famous and, in 1986, the corporation went public. Today, in addition to databases, the company also focuses on cloud computing.
|
|