Larry Ellison’s path to becoming a software billionaire

Larry Ellison's path to becoming a software billionaire 0
Larry Ellison's path to becoming a software billionaire 0

Larry Ellison was born in 1944 in the Bronx (New York, USA) and is the child of a single mother.

Larry Ellison was born in 1944 in the Bronx (New York, USA) and is the child of a single mother.

Larry Ellison's path to becoming a software billionaire

While in his sophomore year at the University of Illinois, Ellison’s aunt passed away, forcing him to drop out of school.

While in his sophomore year at the University of Illinois, Ellison’s aunt passed away, forcing him to drop out of school.

Larry Ellison's path to becoming a software billionaire

In 1966, Ellison moved to Berkeley (California) near Silicon Valley – where the technology industry began to flourish.

In 1966, Ellison moved to Berkeley (California) near Silicon Valley – where the technology industry began to flourish.

Larry Ellison's path to becoming a software billionaire

To find opportunities, Ellison continuously changed jobs, including working at companies such as Wells Fargo and Amdahl, where he accumulated computer and programming skills.

To find opportunities, Ellison continuously changed jobs, including working at companies such as Wells Fargo and Amdahl, where he accumulated computer and programming skills.

Larry Ellison's path to becoming a software billionaire

The turning point in Ellison’s life came when he went to work for the electronics company Ampex, participating in a contract to establish a database for the CIA called `Oracle`.

The turning point in Ellison’s life came when he went to work for the electronics company Ampex, participating in a contract to establish a database for the CIA called `Oracle`.

Larry Ellison's path to becoming a software billionaire

In 1977, Ellison and a few associates founded their own company called Software Development Laboratories, with the initial capital almost entirely from Ellison’s own pocket.

In 1977, Ellison and a few associates founded their own company called Software Development Laboratories, with the initial capital almost entirely from Ellison’s own pocket.

As a famous name in the technology world, Oracle has grown rapidly.

As a famous name in the technology world, Oracle has grown rapidly.

In 1990, Oracle made a `terrible mistake` when it allowed sales staff to book sales for the quarter, causing all the data to be distorted.

In 1990, Oracle made a `terrible mistake` when it allowed sales staff to book sales for the quarter, causing all the data to be distorted.

It was not until 1992 that Oracle regained its position and launched the Oracle 7 database.

It was not until 1992 that Oracle regained its position and launched the Oracle 7 database.

In 1999, Ellison’s student Marc Benioff left Oracle and founded his own company called Salesforce.com.

In 1999, Ellison’s student Marc Benioff left Oracle and founded his own company called Salesforce.com.

At the end of the 20th century, Oracle `made a fortune` by selling databases to booming Internet companies.

At the end of the 20th century, Oracle `made a fortune` by selling databases to booming Internet companies.

In 1997, Steve Jobs returned to Apple and invited Ellison to join the board of directors, but Ellison refused.

In 1997, Steve Jobs returned to Apple and invited Ellison to join the board of directors, but Ellison refused.

In 2009, Orcale acquired Sun Microsystems – a company founded at the same time as it.

In 2009, Orcale acquired Sun Microsystems – a company founded at the same time as it.

Since 2010, Ellison gradually retired and no longer participated much in the company’s activities.

Since 2010, Ellison gradually retired and no longer participated much in the company’s activities.

In 2012, he also bought almost the entire island of Lanai – the 6th largest island in Hawaii for nearly 300 million USD.

In 2012, he also bought almost the entire island of Lanai – the 6th largest island in Hawaii for nearly 300 million USD.

Ha Tuong (according to BI)

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