Lawrence Ellison was born in August 17,1944 Newyork,United States of America.His net worth amounts to 22.5 billion U.S dollars.He resides at California,United States of America.Till May 2009,His compensation is 56.8 million dollars. He was a Drop-out from University of Illinois in his second year and when his adopted mother died.In 1970,Ellison worked for Ampex Corporation.,where he worked for the Database poject to CIA and he named that project as “Oracle”. Thereby the Company-Oracle was kick started by Ellison in 1977 under the SDL(Software Development Laboratories).In 1979,Company name was changed as Relational Software Inc and later it was once again renamed to Oracle Inc. Oracle 2 is the first product of the company. He has invested $125 million in Web software- Netsuite. In 1997 ,he was appointed as the Director of Apple Computers by Steve Jobs. In 2002,he resigned the job from Director due to his absence in the board meetings. In 2009,Oracle bought Sun Microsystems for 7 Billion Dollars among tough competiton from IBM,Cisco and HP. He owns the share of Oracle which amounts to $300 million.
Awards and Recognitions:
2009-4th in Worlds Billionaire List -Forbes Magazine.
Donations:
2004 ,Ellison donated 151 million dollars which has been revealed by the forbes magazine.
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