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Lawrence Joseph ELLISON

Primary Position:
Executive Chairman
Primary Company:
Oracle Corporation
Estimated Net Worth:
At least $46.4 billion
Source of Wealth:
Self-Made
Age:
72
Birthday:
17 August 1944
Religion:
Jewish
Nationality:
United States
Hometown:
New York, United States
Marital Status:
Divorced

Biography

Native of New York City, New York, Ellison attended South Shore High School and later studied at the University of Illinois at Urbana-Champaign from 1962 until 1964, and the University of Chicago before dropping out. He started his career as a computer programmer for various companies including Fireman's Fund Insurance Company and Wells Fargo. In 1973, he joined Ampex as a Programmer. In 1976, he joined Precision Instruments, currently known as Omex, and served as Vice President of Research and Development. In 1977, Ellison and ...

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Education History

Institution Name:
University of Illinois at Urbana-Champaign
Qualification Name:
Dropped Out
Education Type:
Undergraduate
Start Date:
1962
End Date:
1964
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Interesting Facts

In 1991, Ellison reportedly suffered from serious injuries while body surfing and mountain biking in Hawaii. He recovered from major surgery and continued to race his 78-foot yacht, Sayonara. In 1998, he won the Sydney to Hobart race, overcoming near-hurricane winds that sank five other boats and drowned six participants.

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Interests, Passion, Hobbies

Kind of Interests, Passion and Hobbies: Sports - Cycling
Description: Reportedly likes mountain biking.

Kind of Interests, Passion and Hobbies: Sports - Surfing
Description: Appears to enjoy body surfing.

Kind of Interests, Passion and Hobbies: Art
Description: Ellison has a passion for art collecting. Especially interested in late 19th- and early 20th-century European art; ancient to early 20th-century Japanese art; reportedly has a collection of 500 Japanese art works, stored on a 23-acre Japanese style estate in Woodside, California.

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Philanthropy

Giving Profile: Founder, Chairman, President and a Director of the Lawrence Ellison Foundation. In 2014, the foundation had more than $8 million in assets and donated more than $50 million in 2013; primarily supports organizations that research aging and global infectious diseases. Major recipients include the American Federation for Aging Research, Massachusetts Institute of Technology, Jackson Laboratory, Marine Biological Laboratory, and Harvard Medical School, among others. The foundation also donated more than $1.7 million to Burnham Institute and $1.1 million to the Center for Blood Research for health-related caused; $1.8 million to the CDC Foundation for community development. Other recipients include Baylor College of Medicine, Beth Israel Deaconess Medical Center, California Institute of Technology, Mayo Clinic in Minnesota, Oak Ridge National Laboratory, and the Palo Alto Institute for Research and Education. Ellison is also a member of Warren Buffett's charity campaign, The Giving Pledge. In 2006, Ellison reportedly cancelled a $115 million donation to Harvard University after the President of the university stepped down. In January 2015, Ellison along with Peninsula Humane Society, a non-profit animal welfare organization based in California, reportedly planned to establish a wildlife breeding and rehabilitation center in Northern California aimed at helping endangered local species.

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Family Details

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