Larry Ellison
Candlefocus EditorIn addition to being a successful businessman, Larry Ellison is an active philanthropist. He has donated over $1 billion to various charities, mainly in the areas of healthcare, education, and environmentalism. His foundations have helped fund research into cancers, funded new shelters, supported the development of industry-standard software, and provided nutrition and medical assistance in impoverished areas. Through his experience, Ellison has become an icon for the technology industry, consolidating his place as one of the wealthiest people in the world.
Born in 1944, in Manhattan, New York, Ellison studied computer science at the University of Chicago. He also studied computer programming for different companies, that is when he realised the potential of the creating Oracle Corporation. His business success is deduced from the immense success Oracle has had since its creation.
Since then, Ellison’s achievements have continued to amplify. In 1998, the Oracle Corporation started a massive marketing campaign to boost its sales and compete with the Microsoft Corporation. Later, Oracle became the second largest application server supplier in the world. Its success sparked the emergence of Oracle applications and services.
By 2002, Oracle had become the largest software provider in the world, generating a revenue of $10. 9 billion. Nonetheless, it continues to grow as Oracle’s services expand to the cloud and artificial intelligence, as well as its diversification into on-premise software. With no sign of slowing down, Ellison continues to demonstrate his remarkable ability to find new ways to grow and innovate the company.
A popular philanthropist, Larry Ellison has donated over $1 billion to charity organizations and his foundations have supported healthcare, education, environmentalism. In 2010, he had co-founded the Ellison Medical Foundation, an organization for the study of aging. In 2016, he even founded the Lawrence J. Ellison Institute for Transformative Medicine of USC, with the purpose of discovering effective treatments for cancer.
In summary, Larry Ellison is a self-made businessman and leader, who continues to make a profound impact on the technology industry. His modest beginning led to the creation of the Oracle Corporation, a software provider that has taken the world by storm. Ellison has also demonstrated his altruism with his commitment to charitable giving, taking philanthropy to the next level. He is an icon of the technology industry, a pioneer in the arena of enterprise software, and one of the world’s wealthiest individuals.