LARRY ELLISON, AMERICAN 3RD RICHEST PEOPLE

This name is well known in America as one of the richest person in the country. Larry Ellison, one of the founders of Oracle Corporation has a net worth of $41 billion (Sept. 2012).  His education level dos not reflects his total assets at all as, he was drop out twice in life from two different university. Once in University of Chicago and the second time happened when he was studying in University of Illinois at Urbana. After he created a Oracle, he has became one of the richest people in the country. He also has two children but he is lately understood has divorce with his wife. The 68 years old father is actually the current CEO (Chief Executive Officer) of Oracle Corporation.

Headquartered at 500 Oracle Parkway, Redwood Shores,Redwood City, California, United States

Oracle Corporation is a Multinational Computer Technology Corporation that specializes in developing and marketing computers’ hardware systems as well as enterprise software products especially in Database Management Systems. This corporation today (2012) has employed around 113,644 people worldwide. Oracle Corporation is the 3^rd largest software maker by revenue behind Microsoft and IBM. Oracle also build tools for database development and system of middle-tier software, enterprise resource planning software (ERP), customer relationship management software (CRM) as well as, supply chain management software (SCM). On August 22, 2008, the Associated Press ranked Ellison as the top-paid chief executive in the world.   

Larry Ellison is a self-made billionaire is listed as 3^rd Forbes 400 and the 6^th Forbes Billionaires. This has made him as the 3^rd Richest American in Forbes as well. He now has own 98% of Hawaiian Island of Lanai as this billionaire just brought the 141-square mile island, including two resort hotels and housing development from another billionaire, David Murdock in June for a price tag reported to be around $500 million. It went more exciting when Oracle stock climb 20% since 2011, August which has help increase his net worth by $8 billion. He also is told to have increased the assets of Ellison Medical Foundation (support research on aging and age-related diseases) by $445 million.