Larry Ellison

Discover the significant milestones and events in the life and career of Larry Ellison, the co-founder and former CEO of Oracle Corporation. Explore his journey from his early years, through his contributions to the technology industry, to his current ventures and achievements.

Born: August 17, 1944
Business Executive
University of Illinois at Urbana-Champaign

17 augustus 1944

16 juni 1977

12 maart 1986

1 januari 1990

17 december 1997

8 december 2004

12 augustus 2010

20 oktober 2010

18 september 2012

18 september 2014

6 december 2016

19 september 2017

10 december 2018

23 maart 2020

17augustus
1944
17 August 1944

Birth of Larry Ellison

Lawrence Joseph Ellison, known as Larry Ellison, was born in New York City, New York. Raised by his aunt and uncle in Chicago, he would go on to become one of the most influential figures in the technology industry.

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16juni
1977
16 June 1977

Foundation of Software Development Laboratories

Larry Ellison, along with Robert Miner and Ed Oates, founded Software Development Laboratories (SDL), which would later become Oracle Corporation. They aimed to create a database management system based on Edgar F. Codd's research on relational databases.

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12maart
1986
12 March 1986

Oracle Goes Public

Oracle Corporation went public on March 12, 1986. The initial public offering (IPO) helped establish Oracle as a significant player in the software industry. Larry Ellison's vision and leadership were pivotal in navigating Oracle through its early challenges and growth.

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01januari
1990
01 January 1990

Oracle's Accounting Scandal

In the early 1990s, Oracle faced a major financial scandal when it was revealed that the company had been overstating its earnings by prematurely recognizing revenue on long-term contracts. This led to a class-action lawsuit and significant changes in Oracle's financial practices.

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17december
1997
17 December 1997

America’s Cup Challenge

Larry Ellison announced his intention to challenge for the America's Cup, the prestigious sailing competition. He founded the Oracle Team USA, which would go on to achieve significant success in subsequent America's Cup races, emphasizing his competitive spirit and passion for sailing.

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08december
2004
08 December 2004

Ellison's Donation to Educational Causes

Larry Ellison donated $100 million to his charitable fund, the Ellison Medical Foundation, which supports biomedical research and other educational causes. This substantial donation underscored his commitment to philanthropy, especially in the fields of education and health.

12augustus
2010
12 August 2010

Purchase of Lanai Island

In one of his most audacious real estate investments, Larry Ellison purchased 98% of the Hawaiian island of Lanai from billionaire David Murdock for an estimated $300 million. The acquisition included two resorts, housing developments, and commercial and residential structures.

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20oktober
2010
20 October 2010

Forbes Richest Americans

Larry Ellison was ranked as the third richest American on the Forbes 400 list. His position on this list highlighted his immense wealth, largely derived from his shares in Oracle Corporation, and his enduring influence in the business and technology sectors.

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18september
2012
18 September 2012

Autonomous Database Introduction

At Oracle OpenWorld, Larry Ellison introduced the Oracle Autonomous Database, a revolutionary cloud-based service that uses machine learning to automate database management. This innovation highlighted Oracle’s commitment to leading-edge technology.

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18september
2014
18 September 2014

Stepping Down as Oracle CEO

Larry Ellison stepped down as the CEO of Oracle Corporation but remained actively involved as the executive chairman and chief technology officer. This transition marked a significant shift in the company's leadership while allowing Ellison to focus on technology development.

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06december
2016
06 December 2016

Dollar Bill Klein Memorial Tour

Larry Ellison extended his philanthropic endeavors by supporting the Dollar Bill Klein Memorial Tour, pledging significant resources to support young sailors and their participation in sailing competitions, reflecting his personal passion for the sport.

19september
2017
19 September 2017

Oracle OpenWorld Keynote on Cybersecurity

During his keynote at Oracle OpenWorld, Larry Ellison emphasized the growing importance of cybersecurity in the digital age. He presented new Oracle products aimed at addressing cybersecurity threats, reinforcing Oracle's commitment to innovation and security.

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10december
2018
10 December 2018

Joining Tesla's Board of Directors

Larry Ellison joined the board of directors of Tesla, Inc., adding his vast experience in technology and business to the electric vehicle manufacturer. This move aimed to strengthen Tesla's leadership and innovation in the electric car industry.

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23maart
2020
23 March 2020

Support for COVID-19 Vaccine Efforts

Larry Ellison donated millions to support the development and distribution of COVID-19 vaccines. This philanthropic effort was part of a larger initiative to combat the global pandemic and highlighted Ellison's commitment to public health and research.

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Frequently asked questions about Larry Ellison

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