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Highlights on Larry Ellison | CNN



Here is a glimpse into the life of Larry Ellison, co-founder, president and chief technology officer of Oracle.

Date of birth: August 17, 1944

Place of birth: New York, New York

First and last name: Laurent Joseph Ellison

Father: Adoptive – Louis Ellison, accountant; Birth – Italian-American Air Force Pilot

Mother: Adoptive – Lillian (Spellman) Ellison, aunt of her biological mother, Florence Spellman

Marriages: Mélanie Craft (2003-2010, divorced); Barbara Boothe (1983-1987, divorced); Nancy Wheeler (1977-1978, divorced); Adda Quinn (1967-1974, divorced)

Children: with Barbara Boothe: David and Megan

Education: Attended University of Illinois at Urbana-Champaign, 1962-1964; Attended University of Chicago, 1966

At 12, Ellison learned that he had been adopted at the age of 9 months by his biological mother’s aunt and uncle.

Florence Spellman, Ellison’s biological mother, was 19 and unmarried to Ellison’s biological father, whom Ellison never met.

Ellison is a licensed pilot and owns several aircraft.

The inspiration for Oracle came from a 1976 white paper by IBM Research, which postulated the potential for a relational database management system.

1977 Ellison, Bob Miner and Ed Oates founded Software Development Laboratories (SDL) and are hired by the CIA to build a database program called “Oracle”. The name of the company is then changed to Relational Technologies, then Oracle Corporation.

1977 Becomes CEO of Oracle Corporation.

1978-1996 President of Oracle.

1986 Oracle goes public, raising $31.5 million in its IPO.

1990-1992 First term as Chairman of the Board.

December 25, 1991 – Suffers a broken neck, punctured lung, and other injuries while bodysurfing in Hawaii.

1995-2004 Second term as Chairman of the Board.

1997 – Founds the Ellison Medical Foundation, a nonprofit organization that supports biomedical research into age-related diseases and disabilities.

August 11, 2000 Founds Oracle Racing, Inc., a sailboat racing syndicate.

February 14, 2010 Wins the 33rd America’s Cup with his BMW Oracle Racing team.

August 4, 2010 – The Giving Pledge – a movement led by Warren Buffett and Bill and Melinda Gates – reveals that Ellison has pledged to give “at least 95%” of his wealth to charity.

June 21, 2012 According to a statement from the Governor of Hawaii, Ellison has purchased 98% of the Hawaiian island of Lana’i.

September 25, 2013 – Oracle Team USA, backed by Ellison, come from behind to successfully win and defend the America’s Cup. The team received a two-point penalty and a $250,000 fine after illegally placing sinkers in their catamarans to save weight.

September 18, 2014 – Ellison announces he is stepping down as CEO of Oracle. Safra Catz and Mark Hurd, Ellison’s top lieutenants, will replace him as co-CEOs. Ellison is appointed executive chairman of the board and chief technology officer of Oracle.

May-June 2015 – Ellison donates $3 million to the Conservative Solutions PAC, a group supporting Marco Rubio’s presidential campaign. It contributes $1 million in May and $2 million in June, according to documents filed by the FEC.

May 11, 2016 – Announces a $200 million donation to the University of Southern California to establish a center for cancer research and treatment, the Lawrence J. Ellison Institute for Transformative Medicine at USC.

March 19, 2018 – Lance Sensei, a hydroponic indoor food growing company, with author and physician David Agus.

December 28, 2018 – Ellison is appointed to Tesla’s board of directors as an independent director.

January 11, 2022 – Ellison is donating $15 million to the Opportunity Matters Fund, a super PAC supporting South Carolina Republican Senator Tim Scott.



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