4th richest person of the world

No: 4
Lawrence Ellison
  • Name : Lawrence Ellison
  • Age: 64
  • Fortune: self made
  • Source: Oracle
  • Net Worth: $22.5 bil
  • Country Of Citizenship: United States
  • Residence: Redwood City, California
  • Industry: Software
  • Marital Status: married, 2 children
Education: University of Illinois, Drop Out,
Database titan continues to engulf the competition; Oracle has racked up 49 acquisitions in the past 4 years. Bought BEA Systems for $8.5 billion last year. Still sitting on $7 billion in cash. Revenues up 11% to $10.9 billion in the six months ended November 30; profits also up 11% to $2.4 billion. Stock down 25% in past 12 months. Invested $125 million in Web software outfit Netsuite; took public in 2007, stock has fallen 80% since. His shares still worth $300 million. Chicago native studied physics at U. of Chicago, didn't graduate. Started Oracle in 1977. Public 1986, a day before Microsoft. Owns 453-foot Rising Sun; built a smaller leisure boat because superyacht is hard to park. Squabbling in court with Swiss boating billionaire Ernesto Bertarelli over terms of next America's Cup. Recently unveiled hulking 90-foot trimaran he intends to use to win it.

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