Larry Ellison
Chairman of the Board & CTO, OracleBirth DetailsAugust 17, 1944 | New York City, New York, United States
NationalityAmerican
LeagueEntrepreneur
EducationUniversity of Illinois, University of Chicago (dropped out of both)
Net Worth$72.3 billion (as of July 27, 2020)
Larry Ellison's Assets:
Larry Ellison's Journey so far ...
Before you go ...
- Oracle
- Tesla
Larry Ellison's Journey so far ...
- Born to a 19-year-old single mother, Larry Ellison was brought up by his uncle and aunt in Chicago
- After dropping out of college twice, Ellison moved to Berkeley, California in 1966 at the age of 22. He worked for several companies there and during this period learned computer programing
- In 1973, he began working for the electronics firm Ampex where he met his future business partners Ed Oates and Bob Miner
- In 1977, the trio teamed up to form a company called Software Development Laboratories (SDL) which developed computer programs for other companies
- The company soon received a project from the Central Intelligence Agency (CIA) to build a database and in 1979, they released their soon-to-be flagship product -- Oracle -- which was an SQL-based commercial relational database program
- After several iterations, their company finally got the name Oracle Corporation in 1982
- Oracle went public in 1986 and by the next year had become the world’s largest database management firm
- Ellison made the most of the dot com boom and by the year 2000, he was the second-richest individual in the world following Microsoft’s Bill Gates
- One of Ellison’s strategies for growth was acquiring competitors which among others included the acquisition of PeopleSoft in 2004, Sun Microsystems in 2009 and the biggest of them being Netsuite in 2016
- He became a part of the Giving Pledge in 2010
- Ellison stepped down as the CEO of Oracle in September 2014 but continues to serve as the chairman of the board and the chief technology officer of the company
- He bought 3 million shares of Tesla in 2018 and joined the company’s board
- Currently, Ellison owns around 25% of Oracle, 2% of Tesla and is one of the richest tech billionaires in the world
Before you go ...
- Some of his hobbies include flying planes and racing yachts. He has even founded & funded a professional yacht-racing team that has won the America’s cup
- He bought almost all of the Hawaiian island Lanai for $300 million in 2012
- He was also involved with Apple as a board member for a brief period during 1997 when Steve Jobs made his comeback as the firm’s CEO
Last Updated: 12/02/2021
Larry Ellison News
- How Larry Ellison, Masayoshi Son, Michael Saylor AI crypto billionaires reshaping legacy wealth in 2026 markets shift?Oracle’s AI cloud surge, SoftBank’s OpenAI-backed rebound, and MicroStrategy’s Bitcoin strategy reflect a new billionaire era. Over $1 trillion in combined market influence is being restructured through technology bets. These high-volume SEO trends highlight AI investment boom, crypto treasury models, and tech mogul comeback stories redefining global markets today. Investors now watch these moves closely as legacy wealth transforms into future-focused digital power.
- Oracle's Larry Ellison's quote of the day: 'I'm addicted to winning. The more you win, the more you want to win' How can you turn this powerful mindset into daily success?Quote of the Day by Larry Ellison: Oracle founder Larry Ellison in his quote says that once people start tasting success, they want it more and more and there is no looking back. The quote reads I am addicted to winning. The more you win, the more you want to win. After success, people get confidence and they are motivated to move forward in the direction of their dreams.
- Quote of the day by Oracle founder Larry Ellison, world's 6th richest: 'I think the thing that caused problems for me in school are the same things that helped me succeed in the world'Oracle cofounder Larry Ellison found success by questioning established ideas. This trait, which caused him trouble in school, became a powerful tool for innovation and leadership. Ellison's approach highlights the importance of curiosity and critical thinking. Challenging assumptions leads to new solutions and reshapes industries. His journey demonstrates how questioning the norm can drive significant achievements.
- Netflix walks away from Warner Bros. bid, paving path for Paramount takeoverNetflix has stepped back from buying Warner Bros. Discovery assets. The streaming giant cited financial reasons after Paramount Skydance improved its competing bid. Netflix will not match the new offer. Investors reacted positively to the news. Warner Bros. Discovery confirmed Paramount Skydance's proposal is superior. This move signals a shift in the media landscape.
- Warner Bros rejects Paramount's revised offer, but gives studio a week to negotiate better dealParamount informally broached an even higher share price, $31 a share, Warner Bros said, apparently enticing the board to the table.
- Oracle plans to raise $45 billion to $50 billion in 2026"Oracle is raising money in order to build additional capacity to meet the contracted demand from our largest Oracle Cloud Infrastructure customers, including AMD, Meta, NVIDIA, OpenAI, TikTok, xAI and others", the company said in a statement.
- Warner Bros. plans to reject Paramount's takeover offer next weekWarner Bros. Discovery is poised to reject Paramount's latest takeover bid, citing concerns over an unincreased financial offer and potential debt management issues. The board, awaiting a final determination, previously deemed Paramount's proposal inferior to a deal with Netflix. Paramount, controlled by Larry Ellison, has amended its offer twice, but Warner Bros. remains unmoved.
- Quote of the Day by Oracle co-founder Larry Ellison: 'You have to believe in what you’re doing. If you don’t...'Oracle co-founder and noted tech entrepreneur Larry Ellison took a big risk when he invested $2,000 to start Software Development Laboratories, later known as Oracle. One of the most prominent names in the tech field, Larry Ellison is a college dropout who even surpassed Elon Musk once to become the world's richest man. In his quote, he urges people to believe in what they are doing.
- Larry Ellison, not Elon Musk, was the tech titan who defined 2025Larry Ellison, not Elon Musk, has emerged as 2025's most newsworthy tech titan. His Oracle Corp. is central to the AI boom, announcing a $500 billion AI infrastructure plan and a massive $300 billion deal with OpenAI. Ellison's aggressive data center expansion, despite initial cash flow challenges, positions Oracle as a key player in the AI revolution.
- A father, a son and their $108 billion push for media moguldomBillionaire Larry Ellison and his son David are making waves in Hollywood. They have acquired Paramount and are now pursuing Warner Bros. Discovery. This father-son duo is using their immense wealth and influence to build a media empire. Their moves could reshape the news and entertainment industries, potentially rivaling the Murdochs.
- Larry Ellison steps in: Paramount’s hostile Warner Bros Discovery takeover comes with a personal guarantee - here's all about itParamount is pushing harder to buy Warner Bros. Discovery with help from Larry Ellison. He is personally backing the deal to prove the money is real. The offer has caused tension with the WBD board, which prefers Netflix. Shareholders are now closely watching how this major media takeover fight unfolds.
- Billionaire Larry Ellison offers personal guarantee for son's bid for Warner BrosLarry Ellison is backing Paramount's bid for Warner Bros. Discovery with a massive personal guarantee. This escalates a bidding war with Netflix. Paramount's revised offer aims to address concerns about risk and financing. The deal could reshape Hollywood.
- Oracle's Larry Ellison offers $40.4 billion guarantee to beef up Paramount's Warner Bros bidOracle co-founder Larry Ellison has stepped in to personally guarantee $40.4 billion in Paramount Skydance's latest effort to pry Warner Bros Discovery away from selling its prized Hollywood assets to streaming giant Netflix.
- Netflix vs Paramount Skydance for Warner Bros Discovery: Oracle co-founder Larry Ellison offers $40.4 billion guarantee, ORCL share price jumpsNetflix is the biggest of the three companies, with a market capitalization of around $430 billion as of mid-December. Warner Bros. Discovery is about $70 billion, while Paramount Skydance trails at closer to $14 billion, according to reports.
- Warner Bros Discovery seeks improved bids by December 1, sources sayWarner Bros Discovery is seeking better offers for its sale by December 1. The company is exploring its options after receiving initial bids from Paramount Skydance, Comcast, and Netflix. Warner Bros Discovery may then enter exclusive talks with a chosen bidder. This potential deal could further consolidate the media industry.
- Paramount, Comcast and Netflix submit bids for Warner Bros Discovery, source saysHollywood giant Warner Bros Discovery is considering buyout offers from rivals Paramount Skydance, Comcast, and Netflix. This move could reshape the media landscape. Paramount aims to acquire the entire company. Comcast is interested in the studios and HBO. Netflix seeks access to Warner Bros' vast film library and franchises.
- $200 Billion is the new $100 Billion — Meet the Billionaires who break the recordsThe $100 billion benchmark for global wealth has been surpassed, with six tech moguls — Elon Musk, Larry Ellison, Mark Zuckerberg, Jeff Bezos, Larry Page, and Sergey Brin — currently worth more than $200 billion each. Their collective fortune of $1.7 trillion exceeds the valuations of significant U.S. corporations. Driven by AI’s explosive rise, companies like Oracle, Tesla, Meta, and Alphabet stocks have elevated, catapulting their founders’ net worths to unprecedented heights.
- Bari Weiss named editor-in-chief of CBS News under Free Press-Paramount dealParamount Skydance CEO David Ellison has appointed Bari Weiss as editor-in-chief of CBS News, following a $150 million acquisition of her online news site, The Free Press. This move aims to modernize content and connect with audiences, with Weiss championing independent journalism and diverse viewpoints. The Free Press will maintain its independence.
- Elon Musk-Tesla stock Soar: How Tesla stocks today help Elon Musk widen gap with Oracle cofounder Larry Ellison in World's Richest Person lists?Tesla stocks were up by over five per cent to $418.27 per share after Elon Musk's big move. Oracle stocks were up by over three per cent to $302.15 per share.
- Larry Ellison’s $1.3 billion bet to turn Oxford into the Next Silicon Valley: Inside the tech giant’s vision to revolutionize innovation, AI, and global health with the Ellison Institute of TechnologyLarry Ellison, co-founder of Oracle and one of the world’s richest people, is turning heads—not for tech launches, but for Oxford, England. His Ellison Institute of Technology (EIT) is leading this charge with a massive £1 billion ($1.27 billion) investment to develop a sprawling campus set to open in 2027.
- What Oracle didn’t foresee? Techies’ millions in a momentFounder Larry Ellison was not alone in shoring up his wealth with Oracle shares' surge. Executives in 20s hit millionaire status thanks to RSUs. In India too, units worth lakhs now cross crore valuations
- Paramount Skydance preparing bid for Warner Bros Discovery, source saysSkydance Media, backed by the Ellison family, is reportedly preparing a bid to acquire Warner Bros. Discovery, potentially merging iconic entertainment brands like DC Comics and HBO with Paramount's assets.
- Larry Ellison is back on top, 48 years after he cofounded OracleWhile AI shows tremendous promise for Oracle, success is far from certain, given that the entire industry is still working on a profitable business model. Also, Oracle has tied itself particularly closely to a single company -- OpenAI, which, according to a person familiar with the matter, is committed to paying Oracle $300 billion for computing resources over five years.
- ET Explainer: How Oracle became the new Nvidia amid AI cloud surgeOracle's stock experienced a significant 36% surge following the announcement of multi-billion-dollar AI cloud deals, including a substantial $300 billion agreement with OpenAI. This surge, the largest since 1992, briefly elevated Larry Ellison to the world's richest person.
- Oracle retreats after record run toward $1 trillion club on AI cloud boomThe enterprise software maker's remarkable rise, fueled by a wave of multi-billion-dollar cloud deals, puts the spotlight on the scramble for computing power from companies that are pouring billions to become leaders in the AI race.
- Elon Musk snatched back world's richest crown from Oracle co-founder Larry Ellison? Check their net worthsWho is the world's richest man? The answer is Tesla CEO and ex-ally of US President Donald Trump- Elon Musk. Oracle's Larry Ellison briefly surpassed Elon Musk as the world's wealthiest man on Wednesday due to a surge in Oracle's stock price following a strong earnings report. Ellison's net worth briefly skyrocketed, but Musk reclaimed the top spot with $384.2 billion.
- At $88.5 billion, Larry Ellison made more money in 1 day than Gautam Adani's net worthLarry Ellison's wealth surged by $88.5 billion on Wednesday, marking the largest single-day increase ever recorded by Bloomberg's Billionaires Index, driven by Oracle's stock rally. This surge, fueled by optimistic forecasts for cloud infrastructure revenue growth and significant AI-related contracts, briefly propelled Ellison past Elon Musk as the world's richest person. Oracle's market value soared, nearing the $1 trillion mark.
- Larry Ellison beats Elon Musk in billionaire's game. Is Oracle ready to dethrone Tesla from the world's top 10 list?Larry Ellison, the Oracle founder, briefly surpassed Elon Musk to become the world's richest person. This happened after Oracle shares surged, increasing the company's market value significantly. Oracle's rise is due to promising forecasts for its cloud infrastructure revenue. The company has also secured major deals in the artificial intelligence sector. This shift highlights the dynamic nature of wealth rankings.
- Oracle's $244 billion single-day rally as big as entire IT trinity of TCS, Infosys, HCL TechOracle's shares surged by 36%, adding $244 billion to its market cap after projecting substantial cloud infrastructure revenue growth, potentially reaching $144 billion by fiscal 2030. This rally briefly elevated Larry Ellison's wealth, nearing Elon Musk's.
- Nvidia is the most valued company, yet its CEO isn’t the top 10 richest - find out whyRichest people in the world: Despite Nvidia's soaring market value, CEO Jensen Huang ranks 10th on the Bloomberg Billionaires Index with a $147 billion net worth, trailing behind Warren Buffett and others. Huang's smaller stake, diluted by stock issuances and share sales, contrasts sharply with the larger ownership percentages of billionaires like Buffett, Arnault, and Musk in their respective companies.
- When Larry Ellison helped Elon Musk buy Twitter (X). Here's how much money Oracle cofounder gave Tesla bossOracle shares were up about 40 percent at $338.00, translating into a market value of around $950 billion.
- Oracle cofounder Larry Ellison once survived harassment case at Court. Here's howLarry Ellison was offered a relief by a court which sentenced a woman who accused the Oracle cofounder of harassment.
- Who is Larry Ellison and what to learn from world's richest person on Earth? Oracle co-founder overtakes Elon Musk as world’s richest manWho is Larry Ellison and what to learn from world's richest person on Earth? Oracle co-founder surpassed Elon Musk after his net worth soared $101 billion in a single day, reaching $393 billion.
- Insider no more: Ellison sat on Tesla’s board for 4 years and now overtakes Musk to become the world’s richest personLarry Ellison was part of on Elon Musk's Tesla board from 2018 to 2022. Oracle's shares have risen 45 per cent so far this year, outperforming the so-called Magnificent Seven stocks and the broader S&P 500 index
- Larry Ellison, now world’s No. 1 richest man after dethroning Elon Musk, once shared a Hollywood movie cameo with him. Can you guess the film?Larry Ellison, Oracle’s co-founder, has surpassed Elon Musk to become the world’s richest person with a net worth of \$393 billion, boosted by a record \$100 billion one-day surge after Oracle’s AI-driven growth forecast. Musk now trails at \$385 billion. Interestingly, both billionaires once shared cameo appearances in *Iron Man 2*. Ellison’s steady climb contrasts with Musk’s volatile wealth swings, highlighting a fierce and evolving rivalry at the top of global tech and finance.
- Larry Ellison's roller-coaster love life: 81-year-old Oracle founder's fifth wife is 47 years younger to himLarry Ellison, the tech mogul behind Oracle, is now the richest man in the world. The 81-year-old's love life has also been a topic of discussion apart from his business ventures and investments. Larry has been married five times and his fifth wife, a Chinese native, is 47 years younger to him.
- Larry Ellison dumps Elon Musk, becomes world’s richest person overnight— largest single-day gain ever, what is his net worth?Larry Ellison overtook Elon Musk to become the world’s richest person overnight. Oracle’s co-founder and chairman saw his net worth skyrocket to $393 billion, fueled by a 40% surge in Oracle shares and lucrative AI-related contracts.
- Larry Ellison now world's richest: How a two-time college dropout built Oracle and pushed it to the billionaire chartLarry Ellison has surpassed Elon Musk as the world's richest person after his stock in Oracle skyrocketed. A two-time college dropout, Ellison founded Oracle in 1970s, which is a giant software vendor today. Ellison's net worth totaled $393 billion as of 10:10am Wednesday, putting him ahead of Musk at $385 billion, according to the Bloomberg Billionaires Index.
- Larry Ellison now the "World’s Richest" Person; Oracle Co-Founder on track to gain biggest wealth surge in history, as stock rockets 42%Larry Ellison, co-founder and chairman of Oracle, is poised for one of the largest single-day wealth surges in history, as the company’s stock rally propels his fortune closer than ever to the top of the global billionaire rankings.
- Oracle co-founder Larry Ellison overtakes Elon Musk to become world's richestLarry Ellison, Oracle's co-founder, has overtaken Elon Musk to become the world's wealthiest individual. This shift occurred after Oracle's shares experienced a significant surge, climbing as much as 41%, driven by a promising outlook for its cloud business and its growing role in AI computing. The company's market valuation now nears $947 billion.
- Larry Ellison's net worth swells by staggering $70bn in fierce battle with Elon Musk: Who is he?Is Oracle CEO Larry Ellison on his path to defeat Elon Musk and become the world's richest man? The Oracle co-founder saw his fortune surge by $70 billion in a single day after Oracle share price surged more than 28 percent. That blockbuster earnings report pushed Ellison’s net worth to an estimated $364 billion.
- OFSS shares rally over 9%, mirroring parent Oracle’s surge on cloud boomShares of Oracle Financial Services Software (OFSS) rallied over sharply after parent Oracle’s U.S. stock soared on a blockbuster cloud forecast. Oracle’s multi-billion-dollar client wins and aggressive expansion in multi-cloud services boosted optimism that OFSS will benefit from higher license and cloud revenue growth.
- An Oracle may displace Elon Musk as the world's richest billionaireLarry Ellison surged closer to surpassing Elon Musk as the world’s richest person after cafter-hours shares jumped over 26%, potentially boosting his net worth by $70 billion. The 81-year-old co-founder’s fortune is heavily tied to Oracle, whose stock has risen 45% this year, while Tesla shares have fallen 14%, trimming Musk’s wealth.
- 9 out of top 10 richest billionaires in the world are Americans, only one is from Europe. Check full listIn 2025, the world's wealthiest are dominated by American tech giants, with Elon Musk leading at $408.5 billion. These billionaires, including Jeff Bezos, Larry Ellison, and Mark Zuckerberg, drive innovation in EVs, e-commerce, and AI. Bernard Arnault of LVMH is the sole non-American, representing the luxury goods sector among these influential figures.
- Elon Musk and Larry Ellison - world's new No 2 richest - have acted in same movie. Can you spot them?Before their reign atop Forbes' billionaires list, Elon Musk and Larry Ellison made cameo appearances in Iron Man 2. Musk, now the world's richest person with $406.5 billion, chatted with Tony Stark about an electric jet. Ellison, currently second richest at $262.2 billion after Oracle's stock surge, was introduced as the "Oracle of Oracle."
- Larry Ellison once spied on Bill Gates’ Microsoft. Now he is the second richest man: Is this the ultimate revenge?From accusing Microsoft of “anti-innovation” to orchestrating the bizarre Trashgate scandal, Larry Ellison’s war against Bill Gates was never subtle. Now, nearly 50 years after founding Oracle, Ellison’s $254 billion fortune—and a booming AI-led empire—positions him above his old rival in both wealth and influence, sealing one of tech’s fiercest feuds with a final flourish.
- Larry Ellison becomes world’s No. 2 billionaire, pushing Jeff Bezos to fourthJeff Bezos has slipped to fourth place on the Forbes Billionaires List as Oracle co-founder Larry Ellison climbs to the No. 2 spot with a net worth of $258.8 billion, surpassing both Bezos and Mark Zuckerberg. The rally in Oracle shares fueled Ellison’s rise. Elon Musk remains the world’s richest, followed by Warren Buffett and Larry Page in fifth and sixth positions.
- Oracle's Larry Ellison, 2nd richest in world after $26B fortune surge, richer than many countriesLarry Ellison's net worth surged by $26 billion, elevating him to the world's second-richest person with $243 billion, surpassing Jeff Bezos and Mark Zuckerberg. The steep rise in his net worth came following a rise in shares of Oracle. Ellison's wealth now exceeds the GDP of several countries, and he is just behind Elon Musk.
- Jeff Bezos suffers big jolt, loses world's second richest man title after 8 years. Who overtook him?Amazon founder Jeff Bezos has lost the title of world's second richest man after a period of eight years to Larry Ellison of Oracle. Ellison's total wealth now stands at $243 billion, surpassing Bezos' $227 billion and Mark Zuckerberg's $239 billion. Ellison is now only less wealthy than his longtime friend Elon Musk ($407 billion net worth).
- Elon Musk has finally named the three smartest people in the worldElon Musk acknowledged Larry Ellison, Jeff Bezos, and Larry Page as the most intelligent individuals he has met, emphasizing their strategic insights, influential achievements, and contributions to their respective fields. Musk's recognition suggests he values intelligence demonstrated through tangible, groundbreaking success.
- The tech titan, who reigned supreme in the pre-internet era, is now making a comeback under TrumpUS tech titans Elon Musk, Mark Zuckerberg and Jeff Bezos are taking a prominent place in the new Trump era, but another player from another era -- Oracle boss Larry Ellison -- is making a surprise return. Today, he ranks among the world's wealthiest individuals, with a fortune of $230 billion, trailing only Musk and Bezos but ahead of Zuckerberg.
- What is Stargate? The $500 billion AI project approved by Trump 2.0 to beat competitor ChinaPresident Donald Trump has announced the Stargate initiative, a significant collaboration involving OpenAI, SoftBank, and Oracle, with an initial investment of $100 billion. The project aims to enhance the U.S. in artificial intelligence, create over 100,000 jobs, and counter China’s AI advancements.
- Oracle's Larry Ellison says AI-driven cancer vaccine could be coming soon as Donald Trump announces a $500 billion investmentOracle Chairman Larry Ellison highlighted AI's potential to revolutionize healthcare with early cancer detection and personalized vaccines. President Donald Trump announced a $500 billion private sector investment in AI infrastructure, involving a joint venture called Stargate by OpenAI, SoftBank, and Oracle. The initiative aims to create data centers and jobs, enhancing AI's role in healthcare.
- Trump says he’s open to Elon Musk or Larry Ellison purchasing TikTokPresident Trump, with potential buyers Elon Musk and Larry Ellison, is open to a deal where TikTok is purchased with US government equity. Despite ByteDance's reluctance, legal pressures and bidders including McCourt and O’Leary keep hopes high. China stresses acquisitions should follow fair, rule-based decisions.
- AI leading us up the garden path? The implications of surveillance & the quest for controlLarry Ellison's vision for an AI-enabled surveillance state highlights potential privacy concerns. Constant monitoring and AI crime alerts are expected to reshape law enforcement and civil liberties. The competition among nations will favor those with more accessible data, potentially leading to increased public and private sector data-sharing.
- Oracle's Larry Ellison unseats Amazon's Jeff Bezos to become the world's second-richest. Check full listEllison's net worth stands at $206 billion, according to Forbes' real-time billionaires list. Bezos, who has been on and off as the second-richest person since 2016, is now worth $203 billion.
- Who is Larry Ellison? What did he do that his wealth soared by $14 billion overnight?Larry Ellison has set a new record and moved up in the Bloomberg Billionaires Index after Oracle shared a strong financial outlook.
- Gear up, the world's first trillionaire is at best, 10 years away: ReportOxfam International predicts that the world could have its first trillionaire within a decade, highlighting the growing disparities between the super-rich and the majority of the global population. The group claims that the wealth of the top five billionaires, including Elon Musk, Bernard Arnault, Jeff Bezos, Larry Ellison, and Warren Buffett, has spiked by 114% in real terms since 2020.
- Tesla's directors are returning $735 million to resolve a compensation lawsuitTesla's directors will pay $735 million to the company as part of a settlement related to an alleged gross overpayment lawsuit. The lawsuit was filed by a retirement fund that holds Tesla stock, challenging the legitimacy of stock options granted to Tesla directors starting June 2017. The settlement covers three million Tesla stock options but does not impact Elon Musk's $56 billion compensation package, currently under scrutiny in a separate lawsuit.
- Oracle spending 'billions' on Nvidia chips this year: Chairman Larry EllisonOracle is buying huge numbers of graphics processing units (GPUs) designed to crunch that data for AI work.
- Gautam Adani slips to 7th rank in global rich list, out of $100 billion clubGautam Adani loses $22.6 billion over Hindenburg report, as per Forbes Real Time Billionaires. Gautam Adani now 7th richest person in the world, according to Forbes. See who are ahead of him. Gautam Adani wealth drops below $100 billion.
- Explained: How will Elon Musk pay for Twitter?Twitter on Thursday cited one of the banks as saying that Musk had not communicated to them that he intends to close the transaction. Musk said that banks were "working cooperatively to fund the close" on or around Oct. 28.
- A timeline of billionaire Elon Musk's bid to control TwitterElon Musk is offering to go through with his original proposal to buy Twitter for $44 billion. The offer comes just two weeks before Twitter's lawsuit seeking to force Musk to go through with the deal goes to trial in Delaware Chancery Court. Twitter said it intends to close the transaction after receiving Musk's offer. Here's a look at some of what's transpired between the billionaire Tesla CEO and the social media platform
- Twitter Vs Elon Musk: SpaceX boss accused of hiding secret late-night texts to business mogul from courtMicro-blogging site Twitter claims Elon Musk hid late-night texts he sent to business mogul Larry Ellison before halting a deal to purchase it.
- Oracle developing national health records database: Larry EllisonOracle's board chairman and chief technology officer Larry Ellison said that patient data would be anonymous until individuals give consent to share their information, reports medcitynews.com.
- Tesla to seek investor approval for 3-for-1 stock splitShareholders will vote on Tesla's proposed stock split on Aug. 4. If approved, it would be the company's first such action after a five-for-one split in August 2020.
- Oracle co-founder Larry Ellison 'discussed' overturning Trump's defeatOracle Co-founder and CTO Larry Ellison, who is helping Elon Musk with his $44 billion Twitter takeover, was allegedly involved in a plot to contest the results of 2020 US presidential election, the media reported.
- Elon Musk receives outside funding worth $7 billion to acquire TwitterMusk stated that he has already secured $46.5 billion for his takeover. He revealed that he sold shares amounting to about $8.5 billion in Tesla as a stepping stone to purchasing Twitter.
- Oracle's Larry Ellison says he has moved to Hawaii, fleeing CaliforniaThe Oracle chairman joins other tech leaders and ultra-wealthy in leaving California, with some pointing to the state’s high taxes
- Decade-long Oracle-Google copyright case heads to top US courtOracle, which in 2010 obtained the rights to Java when it acquired Sun Microsystems -- which had supported Google's use of Java for Android -- sought $9 billion in damages in its original complaint.
- Artificial intelligence expert Vishal Sikka joins Oracle's Board of DirectorsSikka, 52, is among the world's leading experts in Artificial Intelligence (AI), Machine Learning and would be helping Oracle in the business value and adapt to change, the company based in Redwood Shores, California, said in a statement.
- Oracle’s Ellison reveals $1 billion stake in TeslaEllison, 74, is the world’s ninth-richest person with a net worth of $51.4 billion on the Bloomberg Billionaires Index.
- Tesla names close Musk friend Larry Ellison to boardThe move is meant to usher Tesla past months of turbulence following Musk's Aug. 7 tweet that he was considering taking the company private and had secured funding.
- Why Google Cloud's new CEO Thomas Kurian quit Oracle after 22 yearsKurian and Ellison reportedly had a falling out over the direction of its cloud business.
- Oracle intensifies war against Amazon, announces Gen 2 Autonomous Cloud Infrastructure to combat cyber threatsEllison added that it was not easy to re-architecture the solution ground-up and highlighted in his presentation how Oracle incrementally added various autonomous capabilities over the past decade.
- From Cameron & Tyler Winklevoss to Mary-Kate and Ashley Olsen, twins that turned into power duosThese sets of twins share more than DNA.
- Larry Ellison declares war against 'human intervention' - and AmazonEllison has amped up his attack against Amazon, as Oracle — one of the elders in enterprise IT, together with IBM and Microsoft—aggressively switches focus to newer business lines, notably the cloud.
- Indian startup scene very important for Oracle CEO Safra CatzCatz says that Oracle founder Larry Ellison wants to ensure that the company benefits from being enormous, as well as from the opportunities presented by startups.
- Bill Gates could soon become world's 1st trillionaireAccording to a report, the world would get its first trillionaire in the next 25 years.
- Sailing-America's Cup enters new era with post-Bermuda team dealSAILING-AMERICASCUP/:Sailing-America's Cup enters new era with post-Bermuda team deal
- Amazon Web's Kabali moment: The cloud powers almost everythingThe cloud computing platform claims it is helping entrepreneurs innovate by minimising the cost of failure.
- Azim Premji, Shiv Nadar in Forbes list of 100 richest tech tycoonsThe '100 Richest Tech Billionaires In The World 2016' list has been topped by Microsoft founder Bill Gates with an estimated fortune of USD 78 billion.
- From Mukesh Ambani to Mark Zuckerberg, find out the income of the biggest players of the gameWith Ambani's annual salary capped at Rs 15 cr, he is India's richest man for eight consecutive years now.
- The key to success! Eight super-achievers and their hobbiesBill Gates loves playing tennis, and considers spending time with his kids a favorite pastime apart from playing bridge.
- Tech titans are pledging away billions instead of leaving it for their familiesThese billionaire entrepreneurs are pledging away their billions for good cause & charity instead of leaving it to their families.
- Six inspiring convocation speechesRBI governor Raghuram Rajan delivered an inspiring speech at the convocation address at Shiv Nadar University in Delhi.
- Larry Ellison to GenNext: It's not about the moneyEllison is a prominent billionaire & has spent the better part of life spending a fortune on cars , art & even islands.
- Since 2013, Facebook has spent $12.5m on Mark Zuckerberg's securityMark Zuckerberg is the world's eighth-richest person with $47 billion, according to the Bloomberg Billionaires Index.
- Eight CEOs whose protection is costing their companies big bucksGlobal companies are paying bodyguards anywhere from $26,891 to $1,600,000 to protect their CEOs from potential threats.
- These inspiring billionaires made it big without a college degreeNot everybody who drops out of college starts an amazing company the next day. Steve Jobs dropped out as college was too expensive.
- A look at the top 10 wealthiest tech billionaires of 2016The world’s richest tech billionaires list throws up interesting statistics. Firstly, they are all men. Secondly, they are all from two countries — US and China.
- Cloud is the single biggest opportunity for Indian IT services: Oracle Global Co-CEO Safra A CatzCatz, who currently shares the CEO position with former HP chief executive Mark Hurd, said that India will form an important part of Oracle’s future.
- Here's who greats like Steve Jobs and Jack Dorsey look up to for inspirationHere's a look at who tech leaders like Elon Musk, Mark Zuckerberg or Bill gates look up to when they need some inspiration.
- Oracle billionaire Larry Ellison buys hotel for $71.6 millionThe former Oracle CEO, whose net worth has been estimated to be as much as $47.2 billion, just paid $71.6 million for the Epiphany Hotel in Palo Alto.
- Apple spends $700,000 a year to keep CEO Tim Cook safeApple spends nearly $700,000 (about £450,000) a year to protect CEO Tim Cook. Apple pulled the figure from Apple's Schedule 14A report.
- Apple spends $700,000 a year to keep Tim Cook safeTech giant Apple reportedly spends nearly $700,000 (about £450,000) a year to protect CEO Tim Cook. But he isn't the only one!
- Indian IT companies are moving from services to products: Oracle's Thomas KurianThomas Kurian, the president for product development at Oracle, says Indian IT companies are making the transition from services to products.
- Oracle is using an ugly 'nuclear option' to boost cloud salesOracle is all about the cloud these days, its execs say.But there's a dark side to how Oracle is achieving some of those cloud revenues
- Oracle to take on Amazon with cheaper cloud servicesOracle's new Archive Storage, which is pitched directly against Amazon Glacier service is approximately 1/10th of Amazon's price point, Ellison says.
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