the founder and former head of Oracle Corporation, is well-known for his extravagant entertainments, rather than talented company management. He’s one of the best examples of a self-made entrepreneur (net worth of 99.9 billion USD 2021).
Everyone has a chance to excel in life and pursue their dreams. Larry Ellison’s story is another remarkable example of how it does not matter where you come from or who you are if you have that burning desire to accomplish your dream, great things can happen for you.
Mr. Ellison was born on the Lower East Side of New York City. After he contracted pneumonia as a baby, his mother was unable to care for him, and instead sent him to live with her aunt and uncle on the South Side of Chicago. He has never met his birth father and didn’t even know he was adopted until much later in life.
In 1977, he co-founded a database management company called Software Development Laboratories. They changed the name to Relational Software in 1979, and in 1982, it became Oracle. Today, Oracle has annual revenues of around $38 billion, and Ellison has an estimated net worth of $46.2 billion. He’s amassed all of the toys you’d expect from a billionaire — planes, yachts, multiple mansions, and even an entire Hawaiian island. He stepped down from his CEO role in 2014.
Education is a powerful weapon that will help you to face the world, but it doesn’t mean if you don’t have this weapon, you will lose your rounds. Larry Ellison, 2 times dropped out of two consecutive universities, even most of the top entrepreneurs in Silicon Valley, don’t have a degree but still, they are leaders in the industry.