Larry Ellison: School Dropout And World’s 2nd Richest Man – Oracle (NYSE:ORCL)

Larry Ellison, co-founder and chief expertise officer of Oracle Corp. ORCL, has led a life stuffed with outstanding and lesser-known accomplishments. 

Final week, he even achieved the rank of world’s richest man, briefly edging previous Elon Musk for the title. 

Listed below are 5 extra shocking information many individuals might not learn about Ellison:

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Shocking Origins

• Adopted and double dropout: Ellison was born to a single mom in New York and adopted by his aunt and uncle in Chicago after contracting pneumonia as a child. He dropped out of the College of Illinois and later the College of Chicago and by no means obtained a university diploma.

Founding Oracle with $2K

• Began Oracle with simply $2,000: Ellison co-founded what would develop into Oracle in 1977 with solely $2,000 of his personal cash and a $50,000 authorities contract from the CIA.

Island Proprietor and Well being Utopian

• Owns nearly a whole Hawaiian island: In 2012, Ellison bought 98% of Lanai, Hawaii for about $300 million. He lives there and is working to show the island right into a mannequin for wellness, sustainability and inexperienced residing.

Hollywood Cameo

• Appeared in “Iron Man 2”: Ellison had a cameo as himself within the movie “Iron Man 2,” the place he was playfully referred to as the “Oracle of Oracle.”

Tech Investments and Philanthropy

• Early investor in Tesla and Salesforce: Past Oracle, Ellison was an early investor in firms like Tesla—now amongst its largest particular person shareholders—and Salesforce. 
• Ellison has dedicated massive donations to most cancers analysis and AI-driven healthcare.

At 81 years previous, Ellison stays a central determine at Oracle and the broader tech trade, whereas displaying no signal of stepping again.

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