# Larry Ellison

> Larry Ellison co-founded Oracle in 1977 and served as its CEO until 2014. He remains executive chairman and chief technology officer, with current interests spanning enterprise databases, cloud infrastructure and AI. His sporting ventures include America’s Cup-winning teams, the Indian Wells tennis tournament and SailGP, which he co-founded with Russell Coutts.

- **Role:** Executive Chairman and Chief Technology Officer at Oracle Corporation
- **Organizations:** Oracle Corporation, SailGP
- **From:** New York, United States
- **Nationality:** American
- **Education:** Did not graduate, University of Illinois Urbana-Champaign, Did not graduate, University of Chicago
- **Known for:** Co-founded Oracle and led it as CEO from 1977 to 2014., Helped commercialize relational database technology through Oracle., Backed America’s Cup-winning teams in 2010 and 2013.

## Career timeline

- **1944** — Born in New York; raised in Chicago by adoptive parents.
- **1977** — Co-founded Software Development Laboratories with Bob Miner and Ed Oates.
- **1979** — Company released Oracle V2, a commercial SQL relational database.
- **1986** — Oracle became publicly traded.
- **1990** — Oracle faced a financial and accounting crisis and cut jobs.
- **2005** — Oracle completed its acquisition of PeopleSoft.
- **2009** — Purchased the Indian Wells tennis tournament and venue.
- **2010** — His BMW Oracle Racing team won the America’s Cup; Oracle completed the Sun Microsystems acquisition.
- **2012** — Purchased approximately 98 percent of Lanai.
- **2013** — Oracle Team USA retained the America’s Cup after recovering from an 8-1 deficit.
- **2014** — Became Oracle executive chairman and CTO after 37 years as CEO.
- **2018** — Co-founded SailGP with Russell Coutts.
- **2025** — Oracle became an initial equity funder of the announced Stargate AI infrastructure project.

## Achievements

- Co-founded Oracle and led it as CEO from 1977 to 2014.
- Helped commercialize relational database technology through Oracle.
- Backed America’s Cup-winning teams in 2010 and 2013.
- Co-founded SailGP, whose 13 teams were all privately owned by June 2026.

## Latest updates

- **2026-09** — Oracle reported fiscal Q1 2027 cloud infrastructure revenue of $7.4 billion, up 121% year over year, and negative free cash flow of $5 billion.
- **2026-07** — SailGP published its 2030 expansion strategy.
- **2026-06** — SailGP announced all 13 teams were privately owned after the Black Foils transaction.
- **2026-02** — Forbes reported that Ellison’s principal residence was Manalapan, Florida, following a declaration filed in May 2023.
- **2025-09** — Oracle appointed Clay Magouyrk and Mike Sicilia co-CEOs; Ellison remained executive chairman and CTO.

## Links

- Website: https://www.oracle.com/corporate/executives/larry-ellison/
- Twitter/X: https://x.com/larryellison

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Profile page: https://yespress.io/larry-ellison
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Last updated: 2026-10-14