Larry Ellison’s Business Portfolio
1Oracle Corporation
Role: Co-Founder, Chairman, and CTO
Founded: 1977
Valuation: $300B
Focus: Enterprise Software and Cloud Computing
Ownership: 42%
2Tesla
Role: Board Member
Founded: 2003
Valuation: $800B
Focus: Electric Vehicles
Ownership: 1.5%
3NetSuite
Role: Investor
Founded: 1998
Valuation: $9.3B (Acquired by Oracle in 2016)
Focus: Cloud-Based Business Software
Ownership: 100% (via Oracle)
4Lanai Island
Role: Owner
Acquired: 2012
Valuation: $500M
Focus: Real Estate and Hospitality
Ownership: 98%
5SailGP
Role: Co-Owner
Founded: 2018
Valuation: $200M
Focus: Professional Sailing League
Ownership: 50%
Larry Ellison’s Business Investment Timeline
- 1977: Larry Ellison, along with Bob Miner and Ed Oates, founded Software Development Laboratories (SDL), which later became Oracle Corporation. This marked the inception of his journey to revolutionize database management.
- 1986: Oracle went public, signaling a major milestone in its growth. This initial public offering (IPO) provided the capital necessary for Oracle to expand its product offerings and market reach.
- 2005: Ellison acquired PeopleSoft, a major competitor, in a hostile takeover. This strategic move significantly expanded Oracle’s market share in enterprise applications.
- 2008: Oracle acquired BEA Systems, enhancing its middleware capabilities and solidifying its position as a comprehensive enterprise software provider.
- 2010: Oracle made a significant leap into the hardware market by acquiring Sun Microsystems. This acquisition brought Sun’s Java programming language and server hardware under Oracle’s umbrella, enabling a vertically integrated technology stack.
- 1998: Evan Goldberg received approximately $125 million in initial financial backing from Larry Ellison, founder and chief executive officer of Oracle, that lead to the creation of NetSuite.
- 2016: Oracle acquired NetSuite, a cloud-based enterprise resource planning (ERP) software provider. This move strengthened Oracle’s cloud computing offerings and positioned it to compete with other major cloud vendors.
- 2018: Larry Ellison invested in medical company called “sensei”. That focuses on health and wellness technologies.
- Ellison has also been deeply involved in real estate, particularly in the Hawaiian island of Lanai. He purchased a significant portion of the island in 2012, aiming to create a sustainable and innovative community.
- Ellison’s venture into sailing is well documented, and it’s intertwined with business in that his participation in the Americas cup, has involved very high tech designs, and significant financing.