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Larry Ellison

Co-founder & CEO, Orcale Corporation

Last Edit: September 3, 2016

Family & Relationships
Education
Athletic
Social
Health & Wellness
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Awards and Honors
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Philanthropy

Across History: Larry Ellison

Age:

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2

8/17/1944

Lawrence Joseph is born in NYC to an unwed Jewish woman; his father was a US Army Air Corps pilot.

1945

At 9 months, Larry contracts pneumonia and is adopted by his aunt and uncle in Chicago.

1962

After graduating from South Shore HS, Larry is named Science Student of the Year at U. of Illinois.
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1965

Larry's adoptive mother dies of cancer, leading him to drop out of school after his sophomore year.

1965

He enrolls at the University of Chicago after spending the summer in northern California.

1966

After one semester, Larry drops out of University of Chicago and moves to Berkeley, California.
Add Media

1966

Without any specific long term goals, Larry begins working at an employment agency in Berkeley, CA.

1967

Adda Quinn, Larry's 1st wife, marries him after they meet at a Berkeley employment agency.

1970

Larry and Adda buy a house in Oakland on modest incomes; he also begins buying boats.

1973

While working at Ampex, Larry meets fellow programmer Ed Oates and supervisor Bob Miner.
Add Media

1974

Larry's first marriage with Adda Quinn ends in divorce when she tires of his aimlessness and debts.

1976

Ellison becomes VP of Research & Development at Precision Instruments which eventually becomes Omex.
Add Media

1977

Larry marries Nancy Wheeler Jenkins six months prior to founding what will become Oracle.

1977

Larry and colleagues Robert Miner and Ed Oates co-found Software Development Labs.

1977

The CIA contracts Larry and Software Development Labs to work on a database management system.
Add Media

1978

Nancy, Larry's 2nd wife, gives up any claim of his company for $500 during their divorce.

1978

Larry becomes president of Software Development Labs, the company that will become Oracle.
Add Media

1978

Software Development Labs makes 1st version of their database product, Oracle; it's never released.
Add Media

1979

After 2 years, Larry and his colleagues release Oracle 2.0, the 1st official version of the product.

1979

Larry changes the name of Software Development Labs to Relational Software Inc. (RSI).

1981

IBM signs on to use Oracle products. Sales for Larry's company double every year for seven years.

1982

Larry changes the name of his company to Oracle Systems Coproration after its flagship product.

1983

Barbara Boothe, a former receptionist from RSI, gives birth to Larry's first child, David Ellison.

1983

Barbara marries Larry, becoming his third wife.
Add Media

1983

Oracle 3.0 is the 1st database product able to work on mainframes, PCs, and minicomputers.

1985

Oracle 5.0 is the 1st database program to exist in a client/server environment.

1986

Barbara and Larry welcome their second child into the world, a daughter named Margaret.

1986

Oracle goes public. Its IPO produces $31.5 in revenue for Ellison's company.

1986

Larry and Barbara divorce after three years of marriage and two children.
Add Media

1987

Established as the largest database company, Larry expands Oracle's focus to add enterprise apps.

1988

Oracle 6 is released with several new features, bringing further growth to Larry's company.

1989

Larry moves Oracle's headquarters to a campus in Redwood Shores, California.

1989

Long before the competition, Larry readies Oracle for an Internet boom that's still a decade away.

1990

Oracle names Ellison as Chairman of the Board.
Add Media

1991

While surfing in Hawaii, Larry suffers a broken neck, punctured lung, and other injuries.
Add Media

1992

Larry receives top care for a shattered elbow; this plants a seed for his future medical donations.

1992

Oracle 7's groundbreaking functionality wins critical acclaim for Larry and his company.
Add Media

1994

Larry and Oracle earn 3rd party assurances with the industry’s 1st independent security evaluation.

1995

Oracle names Ellison to his second term as Chairman of the Board.
Add Media

1995

Larry makes Oracle the 1st major software company to announce a comprehensive internet strategy.

1995

Larry plots to buy Apple and reinstall Steve Jobs as CEO, but Jobs takes a subtler approach.
2

1996

Industry leading Sybase merges with Powersoft. Their loss of focus leads to Oracle's rise.
2

1997

Apple appoints Larry to the Board of Directors after Steve Jobs returns to the company.

1997

Larry founds The Ellison Medical Foundation, a non-profit in support of aging research.

1998

Ellison makes a $5M seed donation to open The Lawrence J. Ellison Ambulatory Care Center.

1999

Ellison makes a $2M seed investment in Oracle VP Marc Benioff's startup company, Salesforce.com.

1999

Too far ahead of the market, Ellison pulls the plug on Oracle's development of the 1st ever tablet.
Add Media

2000

Larry makes OracleSalesOnline.com available for free as direct competition with Salesforce.com.

2000

Marc Benioff kicks Larry of the Board of Directors for Salesforce due to competing interests.
2

2001

A US District Judge rules in Larry's favor, allowing him to land his $59M personal jet at night.

2001

Larry leads Oracle to industry dominance as 98% of Fortune 100 companies depend on his products.

2002

Ellison resigns from his position with Apple, citing lack of time to attend board meetings.

2003

Romance novelist Melanie Craft marries Larry; Steve Jobs takes the wedding photos.
Add Media

2005

Ellison's proposal to donate $100M to charity to settle charges of improper trading is approved.

2005

Oracle buys applications rival PeopleSoft; Larry announces his intention to acquire Siebel Systems.
2

2007

Ellison sponsors a $500K project to fortify a community center in Sderot, Israel against rockets.

2009

For the fourth straight year, Oracle's board gives Larry seven million stock options.

2010

The Wall Street Journal names Larry, who earns $1.84B, the best paid executive over the last decade.
2

2010

The BMW Oracle racing team welcomes Larry to their sailing team as they win the America's Cup.

2010

The Giving Pledge, a philanthropic campaign, welcomes Ellison as its 3rd wealthiest member.
2

2010

Elon Musk and Larry Ellison make cameo appearances in Iron Man 2.
Add Media

2010

Larry buys 50% of the BNP Open, a top tennis tournament in the US, and saves its future in the US.

2010

Larry is outbid in his effort to buy the Golden State Warriors, who play at Oracle Arena.

2010

Melanie Craft and Ellison divorce after nearly seven years of marriage.
2

2010

Oracle's acquisition of Sun Microsystems is approved, giving Larry an edge over IBM & HP.

2011

The Chronicle of Philanthropy names Larry the 24th most generous donor after he gives $45M in 2010.
2

2012

Larry purchases 98% of Lanai, Hawaii's 6th largest island, for $300M.
2

2013

Through a holding company, Larry purchases Island Air, a Hawaii-based regional airline.
2

2013

Larry's BMW Oracle racing team wins the America's Cup for a second time in an improbable comeback.
2

2013

The Bay Area Council Business Hall of Fame honors Ellison for his accomplishments.
2

2014

Friends of the Israel Defense Forces accepts a $10M donation from Ellison.
2

2014

Ellison steps down as CEO of Oracle but remains active as "full-time" Executive Chairman.

2016

Larry gives $1M to a super PAC for Marco Rubio's presidential bid, raising his total support to $4M.

2016

Larry gifts $200M towards the Lawrence J. Ellison Institute for Transformative Medicine at USC.

2016

Forbes names Ellison the 7th wealthiest billionaire in the world. His estimated worth is $43.6B.
1940s

8/17/1944

Lawrence Joseph is born in NYC to an unwed Jewish woman; his father was a US Army Air Corps pilot.

1945

At 9 months, Larry contracts pneumonia and is adopted by his aunt and uncle in Chicago.

1960s

1962

After graduating from South Shore HS, Larry is named Science Student of the Year at U. of Illinois.

1965

Larry's adoptive mother dies of cancer, leading him to drop out of school after his sophomore year.

1965

He enrolls at the University of Chicago after spending the summer in northern California.

1966

After one semester, Larry drops out of University of Chicago and moves to Berkeley, California.

1966

Without any specific long term goals, Larry begins working at an employment agency in Berkeley, CA.

1967

Adda Quinn, Larry's 1st wife, marries him after they meet at a Berkeley employment agency.

1970s

1970

Larry and Adda buy a house in Oakland on modest incomes; he also begins buying boats.

1973

While working at Ampex, Larry meets fellow programmer Ed Oates and supervisor Bob Miner.

1974

Larry's first marriage with Adda Quinn ends in divorce when she tires of his aimlessness and debts.

1976

Ellison becomes VP of Research & Development at Precision Instruments which eventually becomes Omex.

1977

Larry marries Nancy Wheeler Jenkins six months prior to founding what will become Oracle.

1977

Larry and colleagues Robert Miner and Ed Oates co-found Software Development Labs.

1977

The CIA contracts Larry and Software Development Labs to work on a database management system.

1978

Nancy, Larry's 2nd wife, gives up any claim of his company for $500 during their divorce.

1978

Larry becomes president of Software Development Labs, the company that will become Oracle.

1978

Software Development Labs makes 1st version of their database product, Oracle; it's never released.

1979

After 2 years, Larry and his colleagues release Oracle 2.0, the 1st official version of the product.

1979

Larry changes the name of Software Development Labs to Relational Software Inc. (RSI).

1980s

1981

IBM signs on to use Oracle products. Sales for Larry's company double every year for seven years.

1982

Larry changes the name of his company to Oracle Systems Coproration after its flagship product.

1983

Barbara Boothe, a former receptionist from RSI, gives birth to Larry's first child, David Ellison.

1983

Barbara marries Larry, becoming his third wife.

1983

Oracle 3.0 is the 1st database product able to work on mainframes, PCs, and minicomputers.

1985

Oracle 5.0 is the 1st database program to exist in a client/server environment.

1986

Barbara and Larry welcome their second child into the world, a daughter named Margaret.

1986

Oracle goes public. Its IPO produces $31.5 in revenue for Ellison's company.

1986

Larry and Barbara divorce after three years of marriage and two children.

1987

Established as the largest database company, Larry expands Oracle's focus to add enterprise apps.

1988

Oracle 6 is released with several new features, bringing further growth to Larry's company.

1989

Larry moves Oracle's headquarters to a campus in Redwood Shores, California.

1989

Long before the competition, Larry readies Oracle for an Internet boom that's still a decade away.

1990s

1990

Oracle names Ellison as Chairman of the Board.

1991

While surfing in Hawaii, Larry suffers a broken neck, punctured lung, and other injuries.

1992

Larry receives top care for a shattered elbow; this plants a seed for his future medical donations.

1992

Oracle 7's groundbreaking functionality wins critical acclaim for Larry and his company.

1994

Larry and Oracle earn 3rd party assurances with the industry’s 1st independent security evaluation.

1995

Oracle names Ellison to his second term as Chairman of the Board.

1995

Larry makes Oracle the 1st major software company to announce a comprehensive internet strategy.

1995

Larry plots to buy Apple and reinstall Steve Jobs as CEO, but Jobs takes a subtler approach.

1996

Industry leading Sybase merges with Powersoft. Their loss of focus leads to Oracle's rise.

1997

Apple appoints Larry to the Board of Directors after Steve Jobs returns to the company.

1997

Larry founds The Ellison Medical Foundation, a non-profit in support of aging research.

1998

Ellison makes a $5M seed donation to open The Lawrence J. Ellison Ambulatory Care Center.

1999

Ellison makes a $2M seed investment in Oracle VP Marc Benioff's startup company, Salesforce.com.

1999

Too far ahead of the market, Ellison pulls the plug on Oracle's development of the 1st ever tablet.

2000s

2000

Larry makes OracleSalesOnline.com available for free as direct competition with Salesforce.com.

2000

Marc Benioff kicks Larry of the Board of Directors for Salesforce due to competing interests.

2001

A US District Judge rules in Larry's favor, allowing him to land his $59M personal jet at night.

2001

Larry leads Oracle to industry dominance as 98% of Fortune 100 companies depend on his products.

2002

Ellison resigns from his position with Apple, citing lack of time to attend board meetings.

2003

Romance novelist Melanie Craft marries Larry; Steve Jobs takes the wedding photos.

2005

Ellison's proposal to donate $100M to charity to settle charges of improper trading is approved.

2005

Oracle buys applications rival PeopleSoft; Larry announces his intention to acquire Siebel Systems.

2007

Ellison sponsors a $500K project to fortify a community center in Sderot, Israel against rockets.

2009

For the fourth straight year, Oracle's board gives Larry seven million stock options.

2010s

2010

The Wall Street Journal names Larry, who earns $1.84B, the best paid executive over the last decade.

2010

The BMW Oracle racing team welcomes Larry to their sailing team as they win the America's Cup.

2010

The Giving Pledge, a philanthropic campaign, welcomes Ellison as its 3rd wealthiest member.

2010

Elon Musk and Larry Ellison make cameo appearances in Iron Man 2.

2010

Larry buys 50% of the BNP Open, a top tennis tournament in the US, and saves its future in the US.

2010

Larry is outbid in his effort to buy the Golden State Warriors, who play at Oracle Arena.

2010

Melanie Craft and Ellison divorce after nearly seven years of marriage.

2010

Oracle's acquisition of Sun Microsystems is approved, giving Larry an edge over IBM & HP.

2011

The Chronicle of Philanthropy names Larry the 24th most generous donor after he gives $45M in 2010.

2012

Larry purchases 98% of Lanai, Hawaii's 6th largest island, for $300M.

2013

Through a holding company, Larry purchases Island Air, a Hawaii-based regional airline.

2013

Larry's BMW Oracle racing team wins the America's Cup for a second time in an improbable comeback.

2013

The Bay Area Council Business Hall of Fame honors Ellison for his accomplishments.

2014

Friends of the Israel Defense Forces accepts a $10M donation from Ellison.

2014

Ellison steps down as CEO of Oracle but remains active as "full-time" Executive Chairman.

2016

Larry gives $1M to a super PAC for Marco Rubio's presidential bid, raising his total support to $4M.

2016

Larry gifts $200M towards the Lawrence J. Ellison Institute for Transformative Medicine at USC.

2016

Forbes names Ellison the 7th wealthiest billionaire in the world. His estimated worth is $43.6B.

2016

2016

USC names Larry an honorary Doctor of Humane Letters after he gives the commencement speech.

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