Larry Ellison Age, Net Worth, Wife, Career & Family 2026

Larry Ellison age has become a trending topic as the Oracle co-founder continues defying expectations at 81 years old in 2026.

Born on August 17, 1944, this American centibillionaire businessman remains actively involved in Oracle Corporation as Chief Technology Officer and Executive Chairman, while expanding his influence into media, artificial intelligence, and national security.

With an estimated net worth fluctuating between $245 billion and $393 billion, Ellison briefly claimed the title of world’s richest person in September 2025.

His journey from adopted child raised in Chicago to tech titan owning 98% of Hawaii’s Lanai island represents one of Silicon Valley’s most remarkable success stories. Despite his advancing age, Ellison shows no signs of slowing down, recently announcing ventures into AI infrastructure and media acquisitions.

Quick Facts About Larry Ellison

CategoryDetails
Full NameLawrence Joseph Ellison
Age81 years old (as of 2026)
Date of BirthAugust 17, 1944
BirthplaceNew York City, New York, USA
Zodiac SignLeo
Net Worth$245.3 billion (January 2026, Forbes)
ProfessionBusinessman, Entrepreneur, Investor
PositionCTO and Executive Chairman of Oracle Corporation
Current WifeJolin Ellison (née Zhu)
Previous WivesAdda Quinn, Nancy Wheeler, Barbara Boothe, Melanie Craft, Nikita Kahn
ChildrenFour (including David and Megan Ellison)
EducationAttended University of Illinois and University of Chicago (no degree)
ResidenceLanai, Hawaii & California, USA
NationalityAmerican

Larry Ellison Age and Early Life

Larry Ellison age of 81 years encompasses an extraordinary life journey beginning in the Bronx, New York. Born to Florence Spellman, a 19-year-old unwed mother, and an Italian-American Air Corps pilot he never met, Ellison’s early life was marked by hardship.

At nine months old, young Larry contracted pneumonia so severe that his birth mother feared for his life. Unable to raise him alone, Florence made the difficult decision to give her son to her aunt and uncle for adoption.

Lillian and Louis Ellison, who lived in Chicago, became Larry’s adoptive parents. Louis, a Russian Jewish immigrant who had arrived at Ellis Island in 1905, chose his surname to honor that entry point into America.

The family settled in Chicago’s South Shore neighborhood, a predominantly middle-class Jewish area. Larry grew up attending synagogue regularly with his adoptive parents, though he remained religiously skeptical throughout his life.

Larry’s relationship with his adoptive parents differed dramatically. He remembered Lillian as warm, loving, and supportive. Louis, however, proved austere and frequently told young Larry he would never amount to anything.

At age 12, Larry discovered he was adopted. This revelation profoundly affected his sense of identity and belonging. He didn’t meet his biological mother again until he was 48 years old.

Despite Louis’s constant criticism, Larry excelled academically. He attended South Shore High School in Chicago, where he showed particular aptitude in science and mathematics.

Educational Journey and College Years

After graduating high school, Ellison enrolled at the University of Illinois at Urbana-Champaign in 1962 as a pre-med student. He quickly distinguished himself by being named science student of the year.

Tragedy struck at the end of his sophomore year when Lillian, his beloved adoptive mother, passed away. Devastated by her death, Ellison withdrew from school without taking his final exams.

He spent the summer of 1966 in California, experiencing the freedom and culture of Berkeley. This brief exposure to California’s lifestyle planted seeds that would later influence his decision to relocate permanently.

In 1966, Ellison enrolled at the University of Chicago for one term. During this period, he studied physics and mathematics, but more importantly, he first encountered computer design.

Computer programming fascinated Ellison immediately. He recognized the potential of this emerging field and taught himself programming basics. This self-education would prove more valuable than any degree.

After one semester at Chicago, Ellison dropped out permanently. At 22 years old, with no degree and limited prospects, he made the bold decision to move to Berkeley, California to pursue computer programming.

Early Career: From Programmer to Entrepreneur

Ellison moved to California with minimal resources but abundant ambition. He worked as a computer programmer for various companies throughout the late 1960s, building technical skills and industry knowledge.

In the 1970s, he joined Amdahl Corporation briefly before moving to Ampex Corporation. At Ampex, Ellison worked on his first significant project: a database for the CIA code-named “Oracle.”

This CIA project introduced Ellison to database management systems. He became fascinated by the possibilities of organizing and retrieving large amounts of data efficiently.

The pivotal moment came when Ellison read Edgar F. Codd’s 1970 research paper on relational database systems. Codd’s work outlined a revolutionary approach to data management that Ellison immediately recognized as game-changing.

While established tech companies dismissed Codd’s theories as impractical, Ellison saw an opportunity. He understood that whoever could commercialize relational databases would dominate the emerging software industry.

In 1977, at age 33, Ellison co-founded Software Development Laboratories (SDL) with Bob Miner and Ed Oates. They invested just $2,000 total, with Ellison contributing $1,200 of that amount.

Although Ellison possessed strong technical skills, his partners were superior programmers. The founders decided Ellison should focus on sales and business development rather than coding.

Building Oracle Corporation

The company’s first contract came from the CIA—building a database system that would eventually be called Oracle. This government contract provided crucial early revenue and validation.

In 1979, SDL renamed itself Relational Software, Inc. (RSI). The company released Oracle Version 2 in 1979, deliberately skipping “Version 1” to suggest bugs had already been resolved.

Ellison wanted Oracle to be compatible with IBM’s System R, but IBM refused to share necessary technical specifications. Undeterred, Ellison reverse-engineered the system and created Oracle’s own implementation.

Oracle’s relational database was the first commercial product to use Structured Query Language (SQL). This standardized query language would become the industry standard for decades.

In 1983, the company officially became Oracle Systems Corporation, named after its flagship product. Ellison served as CEO, driving aggressive growth through innovative technology and hard-charging sales tactics.

Oracle went public in 1986 with revenues of $55 million. The IPO made Ellison a wealthy man, but he was just beginning. By 1987, Oracle had become the largest database management company in the world.

The company’s growth wasn’t without setbacks. In 1990, an internal audit revealed Oracle had overstated its earnings. The stock plummeted, and Oracle was forced to lay off 10% of its workforce.

This crisis taught Ellison valuable lessons about financial management and corporate governance. He restructured operations, improved accounting practices, and emerged stronger from the near-disaster.

Oracle’s Rise to Tech Dominance

Throughout the 1990s and 2000s, Ellison transformed Oracle from a database company into a comprehensive enterprise software powerhouse. He pursued an aggressive acquisition strategy, buying rival companies to expand Oracle’s capabilities.

In the mid-1990s, Ellison championed the Network Computer (NC) concept as an alternative to Microsoft-dominated PCs. Though the NC ultimately failed, it foreshadowed cloud computing by decades.

Ellison proved more prescient about the internet. Oracle developed web-compatible products early, positioning the company to capitalize on the dot-com boom. This strategic foresight generated massive growth.

The early 2000s saw Oracle launch an acquisition spree. Ellison purchased PeopleSoft, Siebel Systems, BEA Systems, and dozens of smaller companies, consolidating the enterprise software market.

In 2010, Oracle acquired Sun Microsystems for $7.4 billion. This deal brought Oracle into hardware, adding servers and the Java programming language to its portfolio.

Under Ellison’s leadership, Oracle transitioned from license-based software to cloud computing services. This shift required massive infrastructure investment but positioned Oracle for the next era of computing.

In September 2014, Ellison stepped down as CEO after 37 years. He appointed Mark Hurd and Safra Catz as co-CEOs while assuming roles as Executive Chairman and Chief Technology Officer.

Current Role and Recent Ventures

At 81 years old, Ellison remains deeply involved in Oracle’s strategic direction. As CTO, he focuses on cloud infrastructure, artificial intelligence, and database innovation rather than day-to-day management.

Oracle’s market capitalization exceeded $811 billion in 2025, with Ellison still owning approximately 40% of the company. This massive stake forms the foundation of his immense personal wealth.

In January 2025, Ellison appeared at the White House alongside President Trump, OpenAI CEO Sam Altman, and SoftBank CEO Masayoshi Son to announce Stargate, a joint venture investing billions in AI infrastructure.

The Stargate initiative represents Ellison’s bet on artificial intelligence as the next technological revolution. Oracle will provide cloud computing and database services for training massive AI models.

Ellison has also expanded into media through his son David’s Skydance Media. In 2025, David’s company completed a landmark merger with Paramount Global, creating a new entertainment powerhouse.

The elder Ellison provided financial backing for the Paramount-Skydance deal, reportedly contributing billions. This move positions the Ellison family as major media moguls alongside tech titans.

Oracle continues securing major contracts with AI companies like OpenAI, Anthropic, and Cohere. These partnerships generate billions in revenue as AI companies require massive computing infrastructure.

Larry Ellison Net Worth 2026

Larry Ellison net worth stands at approximately $245.3 billion as of January 2026, according to Forbes. This staggering fortune makes him the third-richest person in the world behind Elon Musk and Jeff Bezos.

On September 10, 2025, Ellison briefly became the wealthiest person on Earth with an estimated net worth of $393 billion. This peak occurred when Oracle stock surged on news of major AI infrastructure contracts.

The vast majority of Ellison’s wealth derives from his approximately 40% stake in Oracle Corporation. He owns around 1.1 billion shares, with Oracle’s stock price directly impacting his net worth.

Ellison has pledged about one-third of his Oracle shares as collateral against personal loans. These loans finance his lavish lifestyle, allowing him to avoid selling stock and triggering capital gains taxes.

Beyond Oracle, Ellison owns significant stakes in Tesla, Salesforce, and NetSuite (before Oracle acquired it in 2016). His Tesla investment alone has been worth billions.

His real estate portfolio includes properties worth hundreds of millions. Most notably, he purchased 98% of Hawaii’s Lanai island in 2012 for an estimated $300-600 million.

Ellison owns one of the world’s most expensive yachts, extensive art collections including multiple Van Gogh paintings, exotic car collections, and private aircraft. His annual spending reportedly runs into hundreds of millions.

In 2010, Ellison signed the Giving Pledge, committing to donate at least 95% of his wealth to charitable causes. He’s already donated hundreds of millions to medical research and education.

Marriages and Personal Relationships

Larry Ellison has been married five times throughout his life. His first marriage was to Adda Quinn in 1967, while he was still struggling to establish himself. They divorced in 1974.

In 1977, Ellison married Nancy Wheeler Jenkins. This marriage lasted only one year, ending in divorce in 1978 just as Oracle was being founded.

His third marriage to Barbara Boothe in 1983 proved most consequential. Boothe, a former receptionist at Oracle, gave birth to their two children: David (1983) and Megan (1986).

The marriage to Barbara lasted only three years, with divorce finalized in 1986. However, they maintained an amicable relationship for co-parenting their children.

On December 18, 2003, Ellison married romance novelist Melanie Craft at his lavish Woodside estate. The wedding featured Steve Jobs as official photographer and Representative Tom Lantos officiating.

The Craft marriage lasted seven years before ending in divorce in 2010. Despite the split, they reportedly remained on friendly terms without public acrimony.

From 2015 to 2020, Ellison was married to Nikita Kahn, an actress and philanthropist. Their relationship involved significant philanthropic work before their divorce in 2020.

As of 2024, Ellison is married to Jolin Ellison (née Zhu), a University of Michigan alumna 47 years his junior. They reportedly have four children together.

Wife: Jolin Ellison (Keren Zhu)

Jolin Ellison, also known as Keren Zhu, is Larry Ellison’s current wife. Born around 1991-1993, she is approximately 33 years old, making her nearly 50 years younger than her billionaire husband.

Jolin graduated from the University of Michigan in 2012 with a Bachelor of Arts degree in International Studies. Her connection to the university has influenced Ellison’s substantial donations to Michigan athletics.

She came to public attention in late 2024 when University of Michigan football boosters thanked both Larry and Jolin for their instrumental role in recruiting top quarterback Bryce Underwood.

The couple’s Michigan connection runs deep. Ellison has donated tens of millions to Michigan’s football program, with Jolin’s alumni status reportedly motivating this generous support.

Jolin works as an executive at the Ellison Institute for Transformative Medicine, Larry’s cancer research foundation. This shared philanthropic focus appears to bond the couple professionally.

Her name appears on property records for Octopus Holdings, Larry Ellison’s holding company. This suggests significant legal and financial integration into Ellison’s business empire.

Unlike Ellison’s previous high-profile marriages, his relationship with Jolin remains remarkably private. The couple rarely appears together publicly and maintains strict control over personal information.

Jolin represents Ellison’s fifth marriage and reflects his pattern of marrying younger women. Despite the significant age difference, sources describe the relationship as stable and supportive.

Children: David and Megan Ellison

Larry Ellison has four children total, though his two most prominent are David and Megan from his marriage to Barbara Boothe. Both have achieved remarkable success in Hollywood.

David Ellison was born on January 9, 1983, making him 43 years old in 2026. Named after Larry’s brother-in-law, David grew up with extraordinary privilege but was kept grounded by his mother.

After his parents’ 1986 divorce, David lived primarily with Barbara on a horse farm in Woodside, California. Despite this, he maintained a relationship with his father, spending summers sailing.

David briefly attended USC’s School of Cinematic Arts but dropped out to pursue acting. His debut came in the 2006 film Flyboys, which flopped spectacularly at the box office.

Undeterred by acting failure, David founded Skydance Media in 2010. With substantial financial backing from his father, he pivoted to producing blockbuster films like Mission: Impossible and Top Gun: Maverick.

In August 2025, David completed a merger between Skydance and Paramount Global, becoming CEO and chairman of the combined entity. This deal cemented his status as a major media mogul.

David married actress Sandra Lynn Modic in 2011 after meeting on set. According to her Instagram, they have two children together and maintain a relatively private family life.

Megan Ellison was born on January 31, 1986, making her 40 years old in 2026. Like her brother, she developed a passion for filmmaking encouraged by their mother’s vast VHS collection.

Megan Ellison’s Hollywood Career

Megan also attended USC film school but dropped out to learn by working directly in the industry. She started as a boom operator on independent films before moving into producing.

When Megan turned 25, Larry Ellison gave her $1.8 billion to pursue her filmmaking dreams. This extraordinary gift enabled her to take creative risks few producers could afford.

In 2011, Megan founded Annapurna Pictures, named after the Annapurna Circuit she hiked in Nepal. Her company focuses on critically acclaimed, auteur-driven films rather than commercial blockbusters.

Annapurna produced Oscar-winning films including Zero Dark Thirty, Her, American Hustle, and Phantom Thread. Megan’s commitment to artistic vision over profit earned industry respect.

In 2014, Megan made history as the first woman to receive two Academy Award nominations for Best Picture in the same year (Her and American Hustle).

Annapurna faced financial difficulties in 2019, forcing Megan to retreat to Lanai. Her father restructured the company financially, keeping it operational despite mounting debts.

In 2024, Megan’s Annapurna Animation released Nimona on Netflix, earning an Oscar nomination for Best Animated Feature. She described the LGBTQ-themed film as deeply personal.

Megan is the first openly gay woman to achieve multiple Best Picture nominations. Her success represents both artistic achievement and progress for LGBTQ representation in Hollywood.

Lanai Island Ownership

In June 2012, Ellison purchased 98% of Lanai, Hawaii’s sixth-largest island, from David Murdock for an estimated $300-600 million. This acquisition made him one of the largest private landowners in America.

Lanai spans approximately 141 square miles with a population of around 3,000 residents. Ellison’s purchase included two Four Seasons resorts, golf courses, and nearly all commercial properties.

Ellison envisioned transforming Lanai into a model for sustainability and renewable energy. He invested hundreds of millions in infrastructure, including solar power, water systems, and organic farming.

The island serves as Ellison’s primary residence, with family members including Megan frequently spending time there. His Japanese-style compounds feature stunning architecture and landscaping.

Ellison’s Lanai ownership has generated controversy. Some residents appreciate his investments in infrastructure, while others criticize changes to the island’s character and accessibility.

He established Sensei Farms on Lanai, producing organic fruits and vegetables using hydroponic technology. This agricultural venture reflects his interest in sustainable food production.

The island’s two Four Seasons resorts underwent major renovations under Ellison’s ownership. These luxury properties cater to ultra-wealthy tourists seeking exclusive Hawaiian experiences.

Yacht Racing and America’s Cup

Ellison’s passion for competitive sailing has cost him hundreds of millions but brought tremendous satisfaction. He founded Oracle Team USA to compete in the prestigious America’s Cup.

In 2010, Oracle Team USA won the 33rd America’s Cup, defeating Swiss challenger Alinghi. This victory fulfilled Ellison’s long-held dream of claiming yachting’s most coveted trophy.

Ellison invested over $300 million in Oracle Team USA between 2010 and 2013. The team’s high-tech catamarans featured cutting-edge engineering and professional sailors.

In 2013, Oracle Team USA successfully defended the America’s Cup in dramatic fashion. After falling behind 8-1, the team won eight consecutive races for an improbable comeback.

However, the 2013 victory was tarnished by cheating scandal. Oracle Team USA received penalties after illegally modifying boats and was fined $250,000.

Beyond America’s Cup, Ellison founded SailGP in 2018, a global racing series featuring high-speed catamarans. This venture brought professional sailing to new audiences worldwide.

His former superyacht Rising Sun, built in 2004, measured 453 feet and cost over $200 million. He later sold his share to David Geffen.

Aviation and Exotic Car Collections

Ellison is a licensed pilot who owns multiple aircraft, including fighter jets, helicopters, and private planes. His aviation passion began in childhood when he received his first plane at age 13.

His aircraft collection reportedly includes military jets like an Italian Marchetti SF.260 and a Soviet-era MiG-29. These high-performance planes satisfy his need for speed and adventure.

Ellison’s exotic car collection rivals any automotive enthusiast’s dreams. He owns a McLaren F1, Lexus LFA, Audi R8, and numerous other rare vehicles worth millions collectively.

His favorite car was reportedly the Acura NSX. During its production run, Ellison famously gave NSX vehicles as gifts to friends and associates.

Beyond cars and planes, Ellison collects fine art, including multiple Vincent van Gogh paintings worth hundreds of millions. His art collection represents significant cultural and financial investment.

Real Estate Portfolio

Ellison’s real estate holdings span multiple states and countries, worth collectively over $1 billion. His Woodside, California estate features a 45-acre Japanese-style compound modeled after 16th-century imperial palaces.

The Woodside property includes multiple buildings, formal gardens, tea houses, man-made lakes, and koi ponds. This elaborate estate hosted his 2003 wedding to Melanie Craft.

In Malibu, California, Ellison owns multiple beachfront properties purchased over decades. These estates provide ocean access and privacy while remaining close to Los Angeles.

Lake Tahoe represents another major real estate concentration. Ellison owns several properties around the lake, including a compound that rivals his Woodside estate in grandeur.

Beyond personal residences, Ellison has invested in commercial real estate. His holdings include office buildings, resorts, and development properties generating substantial rental income.

His real estate strategy combines personal enjoyment with investment returns. Properties appreciate while providing lifestyle benefits and potential tax advantages.

Philanthropy and Charitable Giving

Despite criticism for donating only 1% of his wealth by 2004, Ellison significantly increased charitable giving in recent years. He signed the Giving Pledge in 2010, committing 95% of his fortune.

In 1997, Ellison founded the Ellison Medical Foundation, supporting biomedical research on aging and age-related diseases. This foundation has distributed hundreds of millions in research grants.

The Lawrence J. Ellison Institute for Transformative Medicine at USC received a $200 million donation in 2016. This cancer research center applies big data analytics to personalized cancer treatment.

In 2025, Ellison pledged to give away 95% of his fortune through the Ellison Institute of Technology. This new organization addresses healthcare, food security, climate change, and AI with a $1.3 billion Oxford campus.

Ellison has donated generously to Israeli causes, including $10 million to Friends of the Israel Defense Forces and $500,000 to fortify a community center against rocket attacks.

His educational philanthropy includes donations to both universities he attended but never graduated from. These gifts support computer science and physics programs.

In 2022, Ellison gave $15 million to Opportunity Matters Fund, supporting Senator Tim Scott’s political campaigns. This donation reflected his Republican political alignment in recent years.

Political Involvement and Donations

Ellison’s political giving has evolved from bipartisan to predominantly Republican. In 2012, he donated to both major parties, but by 2016 had shifted decisively rightward.

He became one of the top donors to Marco Rubio’s 2016 presidential campaign, contributing $4 million to the Conservative Solutions PAC. This marked his emergence as a major Republican donor.

In 2020, Ellison hosted a fundraiser for President Trump at his Rancho Mirage estate. This event signaled his strong support for Trump’s re-election efforts.

Ellison appeared prominently at the White House in January 2025 for Trump’s announcement of the Stargate AI venture. His presence underscored his political and business alignment with the Trump administration.

His political philosophy emphasizes national security, particularly regarding data privacy and cybersecurity. Ellison strongly criticized Edward Snowden, calling his NSA revelations irresponsible.

Unlike some tech billionaires who avoid political visibility, Ellison actively engages. He views government partnerships, particularly in defense and intelligence, as both patriotic and profitable.

Relationship with Steve Jobs

Larry Ellison and Steve Jobs maintained one of Silicon Valley’s most famous friendships until Jobs’s death in 2011. The two tech titans bonded over shared passions and complementary personalities.

They met in the 1980s and quickly became close friends. Jobs’s children jokingly called Ellison “our rich friend,” though both were billionaires.

The friendship was remarkable given their different styles. Jobs focused obsessively on product design and user experience, while Ellison prioritized enterprise software and aggressive sales tactics.

When Jobs was ousted from Apple in 1985, Ellison publicly advocated for his return. He even proposed buying Apple himself and reinstalling Jobs as CEO.

Jobs served as photographer at Ellison’s 2003 wedding to Melanie Craft, demonstrating their personal bond. This intimate role reflected their deep friendship beyond business.

After Jobs’s death in October 2011, Ellison expressed profound grief. He later joined Apple’s board temporarily and invested heavily in Apple stock as tribute.

Ellison has called Jobs his closest friend and credited him with teaching important lessons about product focus and customer obsession. This influence shaped Oracle’s product development.

Controversial Statements and Criticism

Ellison’s outspoken personality has generated numerous controversies. His criticism of Edward Snowden as reckless drew backlash from privacy advocates who saw Snowden as heroic.

His lavish spending during Oracle’s financial struggles in the early 1990s raised eyebrows. An accountant famously emailed suggesting Ellison “budget and plan” due to unsustainable spending.

Critics have attacked his aggressive business tactics. Oracle faced antitrust scrutiny over acquisitions and was accused of monopolistic behavior in database markets.

The 2013 America’s Cup cheating scandal embarrassed Ellison despite his team’s eventual victory. Oracle Team USA’s rule violations suggested a win-at-all-costs mentality.

Ellison’s relationships with much younger women have attracted criticism. His current marriage to someone 47 years younger raises questions about power dynamics.

His relatively modest charitable giving until recently drew comparisons to Bill Gates and Warren Buffett. Critics argued someone worth $100+ billion should give more.

Despite controversies, Ellison remains largely unapologetic. His philosophy emphasizes competition, winning, and pushing boundaries regardless of criticism.

Business Philosophy and Leadership Style

Ellison’s management style combines technical vision with aggressive salesmanship. He personally drove Oracle’s product strategy while empowering sales teams to close deals ruthlessly.

He believes in hiring the best talent and paying top dollar. Oracle became known for recruiting top programmers and salespeople from competitors.

Competition energizes Ellison. He famously targeted rivals like IBM, Microsoft, and SAP with personal intensity, viewing business as warfare.

Unlike many CEOs who delegate technology decisions, Ellison maintained hands-on involvement in product development. His technical background enabled credible technology leadership.

Ellison tolerates failure if people take intelligent risks. He’s fired executives for playing it safe more often than for bold moves that didn’t work.

His negotiation style is notoriously tough. Partners and acquisition targets describe dealing with Ellison as exhausting but effective.

Work-life balance matters to Ellison despite his reputation as workaholic. He takes extensive vacations for sailing, flying, and recharging.

Health and Lifestyle at 81

At 81, Ellison maintains remarkable health and energy. He attributes longevity to strict diet, regular exercise, and abstinence from alcohol and drugs.

He’s stated, “I can’t stand anything that clouds my mind,” explaining his avoidance of intoxicants. This clarity-focused philosophy extends to nutrition and sleep.

Ellison follows a disciplined exercise regimen including weight training and cardiovascular activity. Physical fitness enables his active lifestyle of sailing, flying, and business travel.

His diet emphasizes organic foods, particularly from his Sensei Farms on Lanai. He’s invested millions in sustainable agriculture partly for personal health benefits.

Despite his age, Ellison shows no signs of retiring. He actively participates in Oracle strategy, attends major events, and pursues new ventures like AI infrastructure.

His medical philanthropy reflects personal interest in longevity research. The Ellison Medical Foundation specifically targets age-related diseases and disabilities.

Friends and colleagues report Ellison remains intellectually sharp with the same competitive drive that built Oracle. Age has moderated but not diminished his ambitions.

Legacy and Impact on Technology

Ellison’s greatest legacy is commercializing relational databases. His vision of SQL-based data management revolutionized how businesses store and access information.

Before Oracle, most companies used hierarchical databases that were difficult to query and modify. Relational databases made data accessible to non-programmers.

Oracle’s success inspired the modern enterprise software industry. Companies like SAP, Salesforce, and Microsoft followed Oracle’s model of selling software to businesses.

Ellison pioneered aggressive software sales tactics that became industry standard. His methods—combining technical superiority with hard-charging salesmanship—defined B2B software sales.

Cloud computing represents his current legacy focus. Despite initial skepticism, Ellison transformed Oracle into a major cloud infrastructure provider competing with Amazon and Microsoft.

His children David and Megan have extended the Ellison influence into entertainment. Their Hollywood success creates a legacy beyond technology.

As one of the world’s wealthiest people, Ellison demonstrates how technology entrepreneurship can generate unprecedented fortunes. His success inspired countless tech entrepreneurs.

Awards and Recognition

Forbes named Ellison its Businessperson of the Year in 1997. This recognition acknowledged Oracle’s market dominance and his leadership excellence.

In 1997, Ellison received the Golden Plate Award from the American Academy of Achievement. This honor recognizes extraordinary achievement across fields.

He was inducted into the Bay Area Business Hall of Fame in 2013. This local recognition celebrated his contribution to Silicon Valley’s success.

Time Magazine included Ellison in its 2024 list of the 100 most influential people in the world. This acknowledged his impact on technology, business, and society.

The Lawrence J. Ellison Institute of Transformative Medicine honored him with the first Rebels With A Cause Award in 2019. This recognized his cancer research philanthropy.

Beyond formal awards, Ellison’s wealth rankings represent achievement recognition. His frequent appearances among the world’s top 10 richest people demonstrate sustained success.

Media Ventures Through David Ellison

Through his son David, Larry Ellison has expanded into media ownership. David’s Skydance Media merger with Paramount creates a major entertainment company.

The Paramount-Skydance deal values the combined entity at approximately $28 billion. Larry Ellison reportedly contributed several billion dollars backing this acquisition.

The merger gives the Ellison family control over CBS, Paramount Pictures, Paramount+, and MTV Networks. This media empire rivals any Hollywood studio.

As part of regulatory commitments, CBS News created an ombudsman role and scaled back DEI programs. These changes signal more conservative editorial direction under Ellison influence.

Some observers worry about billionaire influence over major news organizations. The Ellison family’s CBS control raises questions about journalistic independence.

However, David Ellison emphasizes editorial independence and professional management. He positions himself as a business leader, not content controller.

The media venture diversifies the Ellison family fortune beyond technology. Entertainment provides growth opportunities as traditional tech markets mature.

Future Plans and Ongoing Projects

At 81, Ellison shows no intention of retiring. He recently announced major investments in AI infrastructure through the Stargate venture with OpenAI and SoftBank.

The Stargate project plans to invest hundreds of billions building data centers for AI training. This represents Ellison’s bet on artificial intelligence as the next technology revolution.

Oracle continues signing major cloud infrastructure contracts with AI companies. These deals position Oracle as essential infrastructure for the AI era.

The Ellison Institute of Technology’s new Oxford campus opens in 2026. This $1.3 billion facility will research climate change, food security, and AI safety.

On Lanai, Ellison continues developing sustainable agriculture and renewable energy projects. He envisions the island as a model for environmental sustainability.

His children’s entertainment ventures will likely receive continued financial support. The Paramount-Skydance merger represents just the beginning of Ellison family media ambitions.

Philanthropy will increasingly occupy Ellison’s time. Having pledged 95% of his wealth, he must eventually distribute hundreds of billions to charitable causes.

Frequently Asked Questions

What is Larry Ellison’s current age in 2026?

Larry Ellison is currently 81 years old in 2026, having been born on August 17, 1944, in New York City. Despite his advanced age, he remains actively involved as Oracle’s CTO and Executive Chairman while pursuing new ventures in AI and media.

How much is Larry Ellison worth in 2026?

Larry Ellison’s net worth is approximately $245.3 billion as of January 2026 according to Forbes, making him the third-richest person globally. He briefly became the world’s wealthiest person in September 2025 with an estimated $393 billion when Oracle stock peaked.

Who is Larry Ellison married to now?

Larry Ellison is currently married to Jolin Ellison (née Zhu), a University of Michigan alumna who is approximately 33 years old. This is his fifth marriage, with previous wives including Adda Quinn, Nancy Wheeler, Barbara Boothe, Melanie Craft, and Nikita Kahn.

How many children does Larry Ellison have?

Larry Ellison has four children total, with his most prominent being David and Megan Ellison from his marriage to Barbara Boothe. Both David and Megan have achieved significant success in Hollywood, with David as CEO of Paramount Skydance and Megan as founder of Annapurna Pictures.

What is Larry Ellison’s role at Oracle now?

Larry Ellison currently serves as Chief Technology Officer and Executive Chairman of Oracle Corporation. He stepped down as CEO in 2014 after 37 years but remains actively involved in strategy, technology development, and major business decisions while owning approximately 40% of the company.

Where did Larry Ellison go to college?

Larry Ellison attended the University of Illinois at Urbana-Champaign from 1962-1964 as a pre-med student and the University of Chicago for one semester in 1966. He never graduated from either institution but taught himself computer programming, which proved more valuable than any formal degree.

When did Larry Ellison co-found Oracle?

Larry Ellison co-founded Oracle in 1977 as Software Development Laboratories with Bob Miner and Ed Oates, investing just $2,000 total. The company was renamed Relational Software Inc. in 1979 and officially became Oracle Systems Corporation in 1983, named after its revolutionary database product.

Does Larry Ellison still own Lanai island?

Yes, Larry Ellison still owns approximately 98% of Lanai, Hawaii’s sixth-largest island, which he purchased in 2012 for an estimated $300-600 million. The island serves as his primary residence and includes two Four Seasons resorts, organic farms, and sustainability projects representing his vision for renewable living.

What is Larry Ellison’s business philosophy?

Larry Ellison’s business philosophy emphasizes aggressive competition, hiring top talent, and maintaining hands-on technical involvement. He views business as warfare against competitors, believes in paying premium salaries for exceptional performers, and personally drives technology strategy while empowering sales teams to close deals ruthlessly.

How did Steve Jobs and Larry Ellison become friends?

Larry Ellison and Steve Jobs became close friends in the 1980s, bonding over shared passions despite different business styles. Their friendship lasted until Jobs’s death in 2011, with Ellison publicly advocating for Jobs’s return to Apple and even serving as photographer at Ellison’s 2003 wedding to Melanie Craft.

Conclusion

Larry Ellison age of 81 years represents more than eight decades of extraordinary achievement, from his humble beginnings as an adopted child in Chicago to becoming one of the world’s wealthiest individuals with a net worth of $245.3 billion.

As co-founder, CTO, and Executive Chairman of Oracle Corporation, Ellison revolutionized database management and enterprise software while building a personal fortune that now extends into artificial intelligence infrastructure through the ambitious Stargate project.

His fifth marriage to Jolin Ellison and his close relationships with successful children David and Megan Ellison demonstrate family remains important despite his demanding business pursuits.

Beyond Oracle’s technological impact, Ellison’s legacy encompasses his ownership of 98% of Lanai island, his America’s Cup sailing victories, his growing media empire through David’s Paramount Skydance merger, and his increasing philanthropic commitments including the pledge to donate 95% of his wealth.

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