The 1/2 Liberal-Liberal – 4th Richest Man in the USA: Larry Ellison – Owner of Oracle

(:E-:N-:R-AZ:C-30:V)   

Due to my software background, I ran into Oracle many years ago and did not really like Oracle or products related to it. The owner is Larry Elisson who is the child of an unwed liberal mother and his father was Italian. He was adopted by Liberal parents. He is a rather strange character, but he clearly has many Liberal traits. I’ve not studied him but he has that Liberal scam mentality.

For example:

To settle an insider trading lawsuit arising from his selling nearly $1 billion of Oracle stock, a court allowed Ellison to donate $100 million to his own charitable foundation without admitting wrongdoing. A California judge refused to allow Oracle to pay Ellison’s legal fees of $24 million. Ellison’s lawyer had argued that if Ellison were to pay the fees, that could be construed as an admission of guilt. His charitable donations to Stanford University raised questions about the independence of two Stanford professors who evaluated the case’s merits for Oracle.[74]

About his wealth:
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 US$28 billion.[2] On July 27, 2010, The Wall Street Journal reported that Ellison was the best-paid executive in the last decade, collecting a total compensation of US$1.84 billion.[29] 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.[30] Ellison owns stakes in Salesforce.com, NetSuite, Quark Biotechnology Inc. and Astex Pharmaceuticals.[31][32] In June 2012, Ellison agreed to buy 98 percent of the Hawaiian island of Lana’i from David Murdock’s company, Castle & Cooke. The price was reported to be between $500 million and $600 million.[33] In 2005, Ellison agreed to settle a four-year-old insider-trading lawsuit by offering to pay $100 million to charity in Oracle’s name.[34]

In 2013, according to the Wall Street Journal, Ellison earned $94.6 million.[35] 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.[36][37]

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.[38]

In 2017, Forbes estimated that Ellison was the 4th richest person in tech.[39]

In June 2018, Ellison’s net worth was about $54.5 billion, according to Forbes.[40]

In December 2018, Ellison became a director on the board of Tesla, Inc.[41]

As of June 2020, Ellison is said to be the seventh most wealthy person in the world, with a net worth of $66.8 billion.[42]

He is very much into sport, so maybe that is the Italian side of him coming through which is not the same as the Liberal way. He is a strange character, and perhaps worth keeping an eye on. I see he did host a fundraiser for Trump once and he is some sort of "conservative".

He may be worth watching. I do think his Liberal links definitely help him despite his claims of not being religious.