His house is worth $200 million, and he also has other investments. As of now, he is its CEO. He attended the University of Chicago for one semester where he was first exposed to the world of computers. How Much Has Larry Ellison's Net Worth Grown Since 1990? A fresh take on sports: the biggest news and most entertaining lists. His net worth value has been largely contributed by his … In 2013 he bought an airline called Island Air to help bring guests to Lanai. As confusion over an Oracle-TikTok deal mounts, a source close to the discussions says that the famed Japanese investor will not be on the TikTok board. Larry Ellison Net Worth and Salary: Larry Ellison is an American billionaire entrepreneur who has a net worth of $70 billion. He has pledged 315 million of his shares as collateral against lines of credit and personal debt. Larry Ellison is chairman, chief technology officer and cofounder of software giant Oracle, of which he owns about 35.4%. Ellison is one of the founders of Oracle Corporation. Garrett by trade is a personal finance freelance writer and journalist. The most LOL-worthy things the Internet has to offer. When Forbes estimated his current net worth in June of 2018, it also ranked him as the fifth richest person in the United States, which in turn, made him the tenth wealthiest person in the entire world. By the end of the first day of trading, Oracle had a market cap of $270 million which meant that Larry ended the day with a paper net worth of $105.3 million. Regardless, Ellison is one of the richest people in the entire world. What Makes a Ferrari Steering Wheel So Different? In 2012, Ellison spent $300 million to buy nearly all of Hawaiian island Lanai; so far, he has built a hydroponic farm and a luxury spa there. At various times Larry has been the highest paid executive in the world, taking home north of $90 million in some years. However, while the estimates of his current net worth are useful for providing interested individuals with a general idea of his wealth, they are not particularly useful for very long. Software mogul and world's richest #6, Larry Ellison founder of  Oracle, has a net worth estimated at $61.1 billion in October 2019. The below financial data is gathered and compiled by TheRichest analysts team to give you a better understanding of Larry Ellison Net Worth by breaking down the For a time, Ellison studied at the University of Illinois at Urbana-Champaign. Lanai: In June 2012 Larry spent $300 million to acquire 98% of the Hawaiian island of Lanai from the Castle & Cooke company. All Rights Reserved. He beat his Swiss rival Ernesto Bertarelli, thanks in part to a trimaran with a rigid main sail longer than a Boeing 747's wingspan. He is 76 years old and is a Leo. Reflects change since 5 PM ET of prior trading day. He bought Jerry Bruckheimer’s three-bedroom, 2,900-square-foot oceanfront house for $3.65 million. Larry, who had seen his personal net worth drop from around $500 million to $150 million was almost ousted from the company. Likewise, his compensation in 2008 had a total of more than $84 million, with most of it having come from the stock options that he was awarded. Ellison is the highest-paid executives in the US, Ellison has gotten $960 million in compensation in the past 5 fiscal years, mostly from the exercise …