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Larry Ellison
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=== 2010–present === The [[European Union]] approved Oracle's acquisition of Sun Microsystems on January 21, 2010, and agreed that Oracle's acquisition of Sun "has the potential to revitalize important assets and create new and innovative products".<ref>{{cite news |url=https://www.theguardian.com/technology/2010/jan/22/oracle-sun-microsystems |newspaper=[[The Guardian]] |title=Oracle prepares to complete Sun takeover |first=Bobbie |last=Johnson |date=January 22, 2010 |access-date= May 7, 2010 |archive-date= September 9, 2013 |archive-url= https://web.archive.org/web/20130909082827/http://www.theguardian.com/technology/2010/jan/22/oracle-sun-microsystems |url-status= live}}</ref> The Sun acquisition also gave Oracle control of the popular [[MySQL]] open source database, which Sun had acquired in 2008.<ref>{{cite news |last=Dignan |first=Larry |url=https://www.zdnet.com/article/sun-acquires-mysql-adds-to-its-software-stack/ |title=Sun acquires MySQL; Adds to its software stack |work=[[ZDNet]] |date=January 16, 2008 |access-date= October 7, 2011 |archive-date= February 13, 2012 |archive-url= https://web.archive.org/web/20120213055125/http://www.zdnet.com/blog/btl/sun-acquires-mysql-adds-to-its-software-stack/7611 |url-status= live}}</ref> On August 9, 2010, Ellison denounced Hewlett-Packard's board for firing CEO [[Mark Hurd]], writing that: "The HP board just made the worst personnel decision since the idiots on the Apple board fired Steve Jobs many years ago." (Ellison and Hurd were close personal friends.)<ref>{{cite news |url=https://www.nytimes.com/2010/08/10/technology/10hewlett.html |newspaper=[[The New York Times]] |title=Oracle Chief Faults H.P. Board for Forcing Hurd's Resignation |first=Ashlee |last=Vance |author-link=Ashlee Vance |date=August 9, 2010 |access-date= February 25, 2017 |archive-date= June 7, 2012 |archive-url= https://web.archive.org/web/20120607195246/http://www.nytimes.com/2010/08/10/technology/10hewlett.html?_r=1 |url-status= live}}</ref> Then on September 6, Oracle hired Mark Hurd as co-president alongside [[Safra Catz]]. Ellison remained in his current role at Oracle.<ref>{{cite web |url=https://techcrunch.com/2010/09/06/oracle-hires-former-hp-ceo-mark-hurd-as-co-president |title=Oracle Hires Former HP CEO Mark Hurd As Co-President |website=[[TechCrunch]] |date=September 6, 2010 |access-date= June 25, 2017 |archive-date= September 20, 2017 |archive-url= https://web.archive.org/web/20170920093202/https://techcrunch.com/2010/09/06/oracle-hires-former-hp-ceo-mark-hurd-as-co-president/ |url-status= live}}</ref> In March 2010, the ''Forbes'' [[list of billionaires]] ranked Ellison as the sixth-richest person in the world and as the third-richest American, with an estimated net worth of over $28 billion.<ref name="Larry Ellison topic page" /> On July 27, 2010, ''[[The Wall Street Journal]]'' reported that Ellison was the highest-paid executive in the last decade, collecting a total compensation of US$1.84 billion.<ref>{{cite news |url=https://www.wsj.com/articles/SB10001424052748703724104575379680484726298?KEYWORDS=oracle |work=[[The Wall Street Journal]] |title=Oracle's Ellison: Pay King |first=Scott |last=Thurm |date=July 27, 2010 |access-date= August 8, 2017 |archive-date= December 6, 2017 |archive-url= https://web.archive.org/web/20171206085359/https://www.wsj.com/articles/SB10001424052748703724104575379680484726298?KEYWORDS=oracle |url-status= live}}</ref> In September 2011, Ellison was listed on the ''Forbes'' list of billionaires as the fifth richest man in the world and was still the third richest American, with a net worth of about $36.5 billion. In September 2012, Ellison was again listed on the ''Forbes'' list of billionaires as the third richest American citizen, behind [[Bill Gates]] and [[Warren Buffett]], with a net worth of $44 billion. In October 2012, he was listed just behind [[David Hamilton Koch]] as the eighth richest person in the world, according to the Bloomberg Billionaires Index.<ref>{{cite web |title=Bloomberg Billionaires Index |access-date= October 31, 2012 |url=http://topics.bloomberg.com/bloomberg-billionaires-index/ |publisher=[[Bloomberg LP]] |url-status= dead |archive-url= https://web.archive.org/web/20121214085457/http://topics.bloomberg.com/bloomberg-billionaires-index/ |archive-date= December 14, 2012 |df=mdy-all}}</ref> Ellison owns stakes in [[Salesforce.com]], [[NetSuite]], [[Quark Pharmaceuticals|Quark Biotechnology Inc.]] and [[Astex Pharmaceuticals]].<ref>{{cite magazine |via=[[Associated Press]] |url=https://www.wired.com/techbiz/media/news/2005/10/69420 |title=Ellison's Fractured Friendships |magazine=[[Wired (magazine)|Wired]] |date=October 30, 2005 |access-date= March 10, 2011 | archive-url= https://web.archive.org/web/20080516051949/http://www.wired.com/techbiz/media/news/2005/10/69420 |archive-date =May 16, 2008}}</ref><ref name="Being Larry Ellison">{{cite news |first=Bonnie Azab |last=Powell |url=http://www.bonniepowell.com/ellison.html |title=Being Larry Ellison |work=[[Business Week]] |publisher=Bonniepowell.com |archive-url= https://web.archive.org/web/20040203051718/http://www.bonniepowell.com/ellison.html |archive-date= February 3, 2004 |issue=July/August 2001}}</ref> In June 2012, Ellison agreed to buy 98 percent of the Hawaiian island of [[Lanai|Lānaʻi]] from [[David Murdock]]'s company, [[Castle & Cooke]]. The price was reported to be between $500 million and $600 million.<ref>{{cite news |first1=Don |last1=Clark |first2=Ben |last2=Worthen |url=https://www.wsj.com/articles/SB10001424052702304898704577479293757609000 |title=Larry Ellison to Buy Island in Hawaii |newspaper=[[The Wall Street Journal]] |date=June 20, 2012 |access-date= August 8, 2017 |archive-date= August 7, 2017 |archive-url= https://web.archive.org/web/20170807005443/https://www.wsj.com/articles/SB10001424052702304898704577479293757609000 |url-status= live}}</ref> In 2013, according to ''[[The Wall Street Journal]]'', Ellison earned $94.6 million.<ref>{{cite news |url=http://www.capital.fr/carriere-management/actualites/les-grands-patrons-de-mieux-en-mieux-payes-aux-etats-unis-843619 |title=Les grands patrons de mieux en mieux payés aux Etats-Unis |newspaper=[[Capital (French magazine)|Capital]] |language=fr |date=May 16, 2013 |access-date= August 23, 2013 |archive-date= September 1, 2014 |archive-url= https://web.archive.org/web/20140901180952/http://www.capital.fr/carriere-management/actualites/les-grands-patrons-de-mieux-en-mieux-payes-aux-etats-unis-843619 |url-status= live}}</ref> On September 18, 2014, Ellison appointed [[Mark Hurd]] to CEO of Oracle from his former position as president; [[Safra Catz]] was also made CEO, moving from her former role as CFO. Ellison assumed the positions of chief technology officer and executive chairman.<ref>{{cite news |url=https://www.wsj.com/news/article_email/larry-ellison-to-step-aside-as-oracle-ceo-1411070636-lMyQjAxMTE0ODEyOTgxMzk4Wj |title=Larry Ellison to Step Aside as Oracle CEO |last=Ovide |first=Shira |date=September 18, 2014 |newspaper=[[The Wall Street Journal]] |access-date= September 19, 2017 |archive-date= May 29, 2015 |archive-url= https://web.archive.org/web/20150529203618/http://www.wsj.com/news/article_email/larry-ellison-to-step-aside-as-oracle-ceo-1411070636-lMyQjAxMTE0ODEyOTgxMzk4Wj |url-status= live}}</ref><ref>{{cite news |first=Julie |last=Bort |url=http://www.businessinsider.com/ellison-grew-rich-from-ibms-idea-2014-9 |title=How Larry Ellison Became The Fifth Richest Man in the World By Using IBM's Idea |website=[[Business Insider]] |date=September 18, 2014 |access-date= September 20, 2014 |archive-date= September 21, 2014 |archive-url= https://web.archive.org/web/20140921000849/http://www.businessinsider.com/ellison-grew-rich-from-ibms-idea-2014-9 |url-status= live}}</ref> In November 2016, Oracle bought NetSuite for $9.3 billion. Ellison owned 35% of NetSuite at the time of the purchase making him $3.5 billion personally.<ref>{{cite web |url=https://www.cnbc.com/2016/11/07/despite-minting-35-billion-cash-on-netsuite-deal-oracles-larry-ellisons-not-any-richer.html |title=Despite minting $3.5 billion cash on NetSuite deal, Oracle's Larry Ellison's not any richer |first=Anita |last=Balakrishnan |website=[[CNBC]] |date=November 7, 2016 |access-date=September 9, 2017 |archive-date=September 20, 2017 |archive-url=https://web.archive.org/web/20170920045048/https://www.cnbc.com/2016/11/07/despite-minting-35-billion-cash-on-netsuite-deal-oracles-larry-ellisons-not-any-richer.html |url-status=live}}</ref> In 2017, ''Forbes'' estimated that Ellison was the 4th richest person in tech.<ref>{{cite web |url=https://www.forbes.com/richest-in-tech/ |title=The Richest People in Tech |website=Forbes |access-date= April 12, 2019 |archive-date= March 23, 2019 |archive-url= https://web.archive.org/web/20190323184250/https://www.forbes.com/richest-in-tech/ |url-status= live}}</ref> In June 2018, Ellison's net worth was about $54.5 billion, according to ''Forbes''.<ref>{{Cite news |url=https://www.forbes.com/sites/noahkirsch/2017/06/24/larry-ellisons-net-worth-just-rose-5-billion-in-two-days/ |title=Larry Ellison's Net Worth Just Rose $5 Billion in Two Days |last=Kirsch |first=Noah |work=Forbes |access-date= 19 September 2017 |df=mdy-all |archive-date= September 20, 2017 |archive-url= https://web.archive.org/web/20170920045658/https://www.forbes.com/sites/noahkirsch/2017/06/24/larry-ellisons-net-worth-just-rose-5-billion-in-two-days/ |url-status= live}}</ref> In December 2018, Ellison became a director on the board of [[Tesla, Inc.]], after purchasing 3 million shares earlier that year.<ref>{{cite web |url=https://ir.tesla.com/board-directors/larry-ellison |title=Board of Directors |website=[[ir.tesla.com]] |publisher=[[Tesla, Inc.]]|access-date=July 22, 2019|archive-date=July 22, 2019|archive-url=https://web.archive.org/web/20190722170046/https://ir.tesla.com/board-directors/larry-ellison|url-status=live}}{{Self-published source|date=August 2023|ABOUTSELF=y}}</ref><ref name=":1">{{cite web |title=Larry Ellison |url=https://www.forbes.com/profile/larry-ellison/ |url-status=live |archive-url=https://web.archive.org/web/20180131145538/https://www.forbes.com/profile/larry-ellison/ |archive-date=January 31, 2018 |access-date=January 28, 2018 |work=[[Forbes]] |df=mdy-all}}</ref> Ellison left the Tesla Board in August 2022.<ref>{{Cite web |last=Ponciano |first=Jonathan |title=Tesla Files For Another Stock Split—Reveals Billionaire Larry Ellison To Leave Board |url=https://www.forbes.com/sites/jonathanponciano/2022/06/10/tesla-files-for-another-stock-split-reveals-billionaire-larry-ellison-to-leave-board/ |access-date=2022-09-07 |website=Forbes |language=en |archive-date=September 5, 2022 |archive-url=https://web.archive.org/web/20220905011859/https://www.forbes.com/sites/jonathanponciano/2022/06/10/tesla-files-for-another-stock-split-reveals-billionaire-larry-ellison-to-leave-board/ |url-status=live }}</ref> As of June 2020, Ellison is said to be the seventh wealthiest person in the world, with a net worth of $66.8 billion.<ref>{{cite web |title=Larry Ellison |url=https://www.forbes.com/profile/larry-ellison/?list=rtb/#17e060d824c2 |website=Forbes |access-date=2 June 2020 |language=en |archive-date=July 17, 2020 |archive-url=https://web.archive.org/web/20200717054535/https://www.forbes.com/profile/larry-ellison/?list=rtb%2F#17e060d824c2 |url-status=live}}</ref> As of 2022, Ellison owns 42.9 percent of the shares of Oracle Corporation,<ref>{{cite web |title=Oracle Corporation 2022 Proxy Statement (Form DEF 14A) |url=https://www.sec.gov/Archives/edgar/data/1341439/000119312522250158/d357923ddef14a.htm |date=2022-09-23 |publisher=[[U.S. Securities and Exchange Commission]] |access-date=November 10, 2022 |archive-date=November 25, 2022 |archive-url=https://web.archive.org/web/20221125054924/https://www.sec.gov/Archives/edgar/data/1341439/000119312522250158/d357923ddef14a.htm |url-status=live }}</ref> and as of June 2023, 1.4 percent of the shares of Tesla.<ref>{{Cite web |last= |first= |date=2023-06-21 |title=Two Of The World's Richest Men Loaded Up On The Exact Same Stock |url=https://www.investors.com/etfs-and-funds/sectors/sp500-of-the-worlds-richest-men-loaded-up-on-the-exact-same-stock/ |access-date=2023-11-12 |website=Investor's Business Daily |language=en-US |archive-date=June 21, 2023 |archive-url=https://web.archive.org/web/20230621140348/https://www.investors.com/etfs-and-funds/sectors/sp500-of-the-worlds-richest-men-loaded-up-on-the-exact-same-stock/ |url-status=live }}</ref> Ellison's software startup, Project Ronin, that he co-founded with [[David Agus]] and Dave Hodgson closed down in 2024. The company aimed at transforming cancer care whose products were intended to quickly analyze data within electronic medical records systems.<ref name="ronin" /><ref>{{Cite web |last1=Robbins |first1=Rebecca |last2=Florko |first2=Nicholas |date=April 29, 2020 |title=How a Los Angeles doctor got swept up in the swirl of the Trump White House as it confronts the pandemic |url=https://www.statnews.com/2020/04/29/david-agus-trump-white-house-coronavirus-response/ |website=STAT |access-date=March 2, 2024 |archive-date=June 3, 2023 |archive-url=https://web.archive.org/web/20230603052006/https://www.statnews.com/2020/04/29/david-agus-trump-white-house-coronavirus-response/ |url-status=live }}</ref>
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