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URLhttps://www.theguardian.com/us-news/2025/sep/11/who-is-larry-ellison-richest-person-oracle
Last Crawled2026-04-05 16:08:43 (11 days ago)
First Indexed2025-09-11 07:00:42 (7 months ago)
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Meta TitleLarry Ellison: Oracle co-founder who overtook Musk as world’s richest person | US news | The Guardian
Meta DescriptionTycoon who briefly surpassed Elon Musk is a friend of Trump, owner of Hawaiian island and father of man who took over CBS
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Larry Ellison, co-founder of the software company Oracle , is having a good year. His friend Donald Trump is in the White House, his son David Ellison has taken over the storied media company CBS , and on Wednesday he surpassed his buddy Elon Musk to win the title of the ā€œworld’s richest manā€. Oracle’s stock went wild with the news, pushing his fortune even higher. Ellison’s net worth shot up to $393bn , surpassing Musk’s $384bn – although, by the time markets closed on Wednesday, Musk was back ahead. Ellison is not as much of a household name as Musk, but he is largely influential in Silicon Valley and more recently, politics. He’s known for a lavish lifestyle filled with mega-yachts, private jets, a long list of wives, and owning the entire Hawaiian island of Lanai. The 81-year-old mega-billionaire made his fortune in software development going back to the 1970s. He co-founded Oracle after landing a two-year contract building a database for the CIA, according to the Academy of Achievement . Oracle became a tech giant creating software for Fortune 500 companies around the world, and more recently in cloud computing. The advent of artificial intelligence has been a boon for the company, entering lucrative deals with the likes of OpenAI , the maker of ChatGPT. ā€œAI is a much bigger deal than the Industrial Revolution, electricity and everything that’s come before,ā€ Ellison said, touting the technology, in an interview with the former UK prime minister Tony Blair in February. Ellison was the CEO of Oracle for 37 years, and then transitioned in 2014 to the role of chief technology officer. He still heads the board of directors and owns more than 40% of the company, which moved its headquarters from Silicon Valley to Austin, Texas, in 2020. Along with Oracle, Ellison sat on Tesla’s board of directors from 2018 to 2022 and owns a stake in Musk’s electric car company. According to Forbes, he also owns nearly 50% of the newly minted media conglomerate Paramount Skydance, which is run by his son David. The company’s properties include CBS, MTV, Paramount Pictures and more. The younger Ellison has said that the media company won’t cater to political parties. Still, he’s on the verge of bringing on Bari Weiss , the polarizing anti-woke champion who co-founded the Free Press, to help lead CBS News. Ellison’s ties to Trump and Netanyahu Ellison has a decade-long history with the Republican party and a close relationship with Trump going back to the president’s first term. Ellison has frequented Trump’s Mar-a-Lago resort for dinners and met him in the Oval Office. As Trump has repeatedly postponed complying with the supreme court’s January ruling to ban TikTok if it’s not sold, Oracle has emerged as the lead buyer of the popular social media app. ā€œIn the case of Larry, Larry Ellison, it’s well beyond technology, sort of CEO of everything,ā€ Trump said during a news conference a day after he was inaugurated. ā€œHe’s an amazing man and an amazing business person.ā€ Ellison is also close to the Israeli prime minister, Benjamin Netanyahu, and has donated heavily to the Israeli military through the non-profit Friends of the Israel Defense Forces. In 2017, he gave the organisation its biggest-ever donation at the time – $16.6m. Oracle did not respond to questions from the Guardian asking if Ellison has donated more recently. Ellison has hosted Netanyahu and other dignitaries and celebrities at his huge estate on Lanai, according to Bloomberg . He bought 98% of the island in 2012 and has since created an exclusive luxury Four Seasons resort and started a hydroponic farm that grows lettuce and other greens. Local Lanai residents told Bloomberg that they have scrambled to hold on to their scant land as they have seen their island transform from a sleepy outpost to a destination for the ultra-rich . Musk, Ellison’s friend and rival for ā€œworld’s richest manā€, is a frequent guest on Lanai and calls the Oracle co-founder his mentor, according to a biography on Musk by Walter Isaacson. Earlier this year, during a podcast with the Texas senator Ted Cruz , Musk was asked who is the smartest guy he had ever met. ā€œLarry Ellison is very smart,ā€ Musk said. ā€œI will say Larry Ellison is one of the smartest people.ā€ Quick Guide Contact Guardian Business about this story Show The best public interest journalism relies on first-hand accounts from people in the know. If you have something to share on this subject you can contact the Business team confidentially using the following methods. Secure Messaging in the Guardian app The Guardian app has a tool to send tips about stories. Messages are end to end encrypted and concealed within the routine activity that every Guardian mobile app performs. This prevents an observer from knowing that you are communicating with us at all, let alone what is being said. If you don't already have the Guardian app, download it ( iOS / Android ) and go to the menu. Scroll down and click on Secure Messaging . When asked who you wish to contact please select the Business (UK & Global) team. SecureDrop, instant messengers, email, telephone and post If you can safely use the tor network without being observed or monitored you can send messages and documents to the Guardian via our SecureDrop platform . Finally, our guide at theguardian.com/tips Ā lists several ways to contact us securely, and discusses the pros and cons of each.Ā  Illustration: Guardian Design / Rich Cousins
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Photograph: Evan Vucci/AP [View image in fullscreen](https://www.theguardian.com/us-news/2025/sep/11/who-is-larry-ellison-richest-person-oracle#img-1) Larry Ellison at the Oval Office of the White House as Donald Trump signs an executive order, in Washington DC in February. Photograph: Evan Vucci/AP [US news](https://www.theguardian.com/us-news/us-news) This article is more than **6 months old** [Profile](https://www.theguardian.com/tone/profiles) # Larry Ellison: Oracle co-founder who overtook Musk as world’s richest person This article is more than 6 months old Tycoon who briefly surpassed Elon Musk is a friend of Trump, owner of Hawaiian island and father of man who took over CBS [Dara Kerr](https://www.theguardian.com/profile/dara-kerr) Thu 11 Sep 2025 11.28 BST First published on Thu 11 Sep 2025 08.00 BST Share [Prefer the Guardian on Google](https://www.google.com/preferences/source?q=theguardian.com) Larry Ellison, co-founder of the software company [Oracle](https://www.theguardian.com/technology/oracle), is having a good year. His friend [Donald Trump](https://www.theguardian.com/us-news/donaldtrump) is in the White House, his son David Ellison has taken over the storied media company [CBS](https://www.theguardian.com/media/cbs), and on Wednesday he surpassed his buddy [Elon Musk](https://www.theguardian.com/technology/elon-musk) to win the title of the ā€œworld’s richest manā€. Oracle’s stock went wild with the news, pushing his fortune even higher. Ellison’s net worth [shot up to \$393bn](https://www.theguardian.com/technology/2025/sep/10/larry-ellison-dislodges-elon-musk-as-worlds-richest-person), surpassing Musk’s \$384bn – although, by the time markets closed on Wednesday, Musk was back ahead. Ellison is not as much of a household name as Musk, but he is largely influential in Silicon Valley and more recently, politics. He’s known for a lavish lifestyle filled with mega-yachts, private jets, a long list of wives, and owning the entire Hawaiian island of Lanai. The 81-year-old mega-billionaire made his fortune in software development going back to the 1970s. He co-founded Oracle after landing a two-year contract building a database for the CIA, according to the [Academy of Achievement](https://achievement.org/achiever/larry-j-ellison/). Oracle became a tech giant creating software for Fortune 500 companies around the world, and more recently in cloud computing. The advent of artificial intelligence has been a boon for the company, entering lucrative deals with the likes of [OpenAI](https://www.theguardian.com/technology/openai), the maker of ChatGPT. [![Larry Ellison sits in the Oval Office in front of a US Navy flag; he wears a dark jacket, white shirt and broad red tie and has a neatly-trimmed beard and fair hair. ](https://i.guim.co.uk/img/media/7ccfb3291e2717ac21e345453b09911fd1e64194/731_0_5000_4000/master/5000.jpg?width=460&quality=85&auto=format&fit=max&s=4f97228c12f7bc76fae46e4e4b2fd6ac)Larry Ellison briefly overtakes Elon Musk as world’s richest person Read more](https://www.theguardian.com/technology/2025/sep/10/larry-ellison-dislodges-elon-musk-as-worlds-richest-person) ā€œAI is a much bigger deal than the Industrial Revolution, electricity and everything that’s come before,ā€ Ellison said, touting the technology, in an interview with the former UK prime minister [Tony Blair](https://www.theguardian.com/politics/tonyblair) in February. Ellison was the CEO of [Oracle](https://www.theguardian.com/technology/oracle) for 37 years, and then transitioned in 2014 to the role of chief technology officer. He still heads the board of directors and owns more than 40% of the company, which moved its headquarters from Silicon Valley to Austin, Texas, in 2020. Along with Oracle, Ellison sat on Tesla’s board of directors from 2018 to 2022 and owns a stake in Musk’s electric car company. According to Forbes, he also [owns nearly 50%](https://www.forbes.com/profile/larry-ellison/) of the newly minted media conglomerate Paramount Skydance, which is run by his son David. The company’s properties include CBS, MTV, Paramount Pictures and more. The younger Ellison has said that the media company won’t cater to political parties. Still, he’s on the verge of [bringing on Bari Weiss](https://www.nytimes.com/2025/09/10/business/media/cbs-news-bari-weiss-free-press.html), the [polarizing anti-woke champion](https://www.theguardian.com/media/ng-interactive/2025/sep/10/bari-weiss-cbs) who co-founded the Free Press, to help lead CBS News. ## Ellison’s ties to Trump and Netanyahu Ellison has a decade-long history with the Republican party and a [close relationship with Trump](https://www.nytimes.com/2025/04/02/technology/trump-larry-ellison-tiktok-oracle.html#:~:text=Now%20his%20politics%20are%20President,TikTok's%20U.S.%20operations%20in%202020.) going back to the president’s first term. Ellison has frequented Trump’s Mar-a-Lago resort for dinners and met him in the Oval Office. As Trump has repeatedly postponed complying with the supreme court’s January ruling to ban TikTok if it’s not sold, Oracle has [emerged as the lead buyer](https://www.theguardian.com/technology/2025/jun/19/third-tiktok-ban-extension-trump) of the popular social media app. ā€œIn the case of Larry, Larry Ellison, it’s well beyond technology, sort of CEO of everything,ā€ Trump said during a [news conference](https://rollcall.com/factbase/trump/transcript/donald-trump-remarks-infrastructure-investment-ai-january-21-2025/) a day after he was inaugurated. ā€œHe’s an amazing man and an amazing business person.ā€ Ellison is also close to the Israeli prime minister, Benjamin Netanyahu, and has donated heavily to the Israeli military through the non-profit Friends of the Israel Defense Forces. In 2017, he gave the organisation its [biggest-ever donation](https://variety.com/2017/biz/vpage/friends-israel-defense-forces-gala-raises-record-breaking-53-8-million-1202606799/) at the time – \$16.6m. Oracle did not respond to questions from the Guardian asking if Ellison has donated more recently. Ellison has hosted Netanyahu and other dignitaries and celebrities at his huge estate on Lanai, [according to Bloomberg](https://www.bloomberg.com/news/articles/2025-09-10/who-is-larry-ellison-and-how-did-he-become-the-world-s-second-richest-person). He bought 98% of the island in 2012 and has since created an exclusive luxury Four Seasons resort and started a hydroponic farm that grows lettuce and other greens. Local Lanai residents told Bloomberg that they have scrambled to hold on to their scant land as they have seen their island transform from a sleepy outpost to a [destination for the ultra-rich](https://www.bloomberg.com/graphics/2022-oracle-larry-ellison-lanai-hawaii-plans-tourism/). Musk, Ellison’s friend and rival for ā€œworld’s richest manā€, is a frequent guest on Lanai and calls the Oracle co-founder his mentor, according to a biography on Musk by Walter Isaacson. Earlier this year, during a [podcast with the Texas senator Ted Cruz](https://www.businessinsider.com/elon-musk-larry-ellison-page-jeff-bezos-smartest-people-met-2025-3), Musk was asked who is the smartest guy he had ever met. ā€œLarry Ellison is very smart,ā€ Musk said. ā€œI will say Larry Ellison is one of the smartest people.ā€ Quick Guide #### Contact Guardian Business about this story Show ![](https://i.guim.co.uk/img/media/ae475ccca7c94a4565f6b500a485479f08098383/788_0_4000_4000/4000.jpg?width=620&quality=85&auto=format&fit=max&s=45fd162100b331bf1618e364c5c69452) The best public interest journalism relies on first-hand accounts from people in the know. If you have something to share on this subject you can contact the Business team confidentially using the following methods. **Secure Messaging in the Guardian app** The Guardian app has a tool to send tips about stories. Messages are end to end encrypted and concealed within the routine activity that every Guardian mobile app performs. This prevents an observer from knowing that you are communicating with us at all, let alone what is being said. If you don't already have the Guardian app, download it ([iOS](https://apps.apple.com/app/the-guardian-live-world-news/id409128287)/[Android](https://play.google.com/store/apps/details?id=com.guardian)) and go to the menu. Scroll down and click on **Secure Messaging**. When asked who you wish to contact please select the **Business (UK & Global)** team. **SecureDrop, instant messengers, email, telephone and post** If you can safely use the tor network without being observed or monitored you can send messages and documents to the Guardian via our [SecureDrop platform](https://www.theguardian.com/securedrop). 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Readable Markdown
Larry Ellison, co-founder of the software company [Oracle](https://www.theguardian.com/technology/oracle), is having a good year. His friend [Donald Trump](https://www.theguardian.com/us-news/donaldtrump) is in the White House, his son David Ellison has taken over the storied media company [CBS](https://www.theguardian.com/media/cbs), and on Wednesday he surpassed his buddy [Elon Musk](https://www.theguardian.com/technology/elon-musk) to win the title of the ā€œworld’s richest manā€. Oracle’s stock went wild with the news, pushing his fortune even higher. Ellison’s net worth [shot up to \$393bn](https://www.theguardian.com/technology/2025/sep/10/larry-ellison-dislodges-elon-musk-as-worlds-richest-person), surpassing Musk’s \$384bn – although, by the time markets closed on Wednesday, Musk was back ahead. Ellison is not as much of a household name as Musk, but he is largely influential in Silicon Valley and more recently, politics. He’s known for a lavish lifestyle filled with mega-yachts, private jets, a long list of wives, and owning the entire Hawaiian island of Lanai. The 81-year-old mega-billionaire made his fortune in software development going back to the 1970s. He co-founded Oracle after landing a two-year contract building a database for the CIA, according to the [Academy of Achievement](https://achievement.org/achiever/larry-j-ellison/). Oracle became a tech giant creating software for Fortune 500 companies around the world, and more recently in cloud computing. The advent of artificial intelligence has been a boon for the company, entering lucrative deals with the likes of [OpenAI](https://www.theguardian.com/technology/openai), the maker of ChatGPT. ā€œAI is a much bigger deal than the Industrial Revolution, electricity and everything that’s come before,ā€ Ellison said, touting the technology, in an interview with the former UK prime minister [Tony Blair](https://www.theguardian.com/politics/tonyblair) in February. Ellison was the CEO of [Oracle](https://www.theguardian.com/technology/oracle) for 37 years, and then transitioned in 2014 to the role of chief technology officer. He still heads the board of directors and owns more than 40% of the company, which moved its headquarters from Silicon Valley to Austin, Texas, in 2020. Along with Oracle, Ellison sat on Tesla’s board of directors from 2018 to 2022 and owns a stake in Musk’s electric car company. According to Forbes, he also [owns nearly 50%](https://www.forbes.com/profile/larry-ellison/) of the newly minted media conglomerate Paramount Skydance, which is run by his son David. The company’s properties include CBS, MTV, Paramount Pictures and more. The younger Ellison has said that the media company won’t cater to political parties. Still, he’s on the verge of [bringing on Bari Weiss](https://www.nytimes.com/2025/09/10/business/media/cbs-news-bari-weiss-free-press.html), the [polarizing anti-woke champion](https://www.theguardian.com/media/ng-interactive/2025/sep/10/bari-weiss-cbs) who co-founded the Free Press, to help lead CBS News. ## Ellison’s ties to Trump and Netanyahu Ellison has a decade-long history with the Republican party and a [close relationship with Trump](https://www.nytimes.com/2025/04/02/technology/trump-larry-ellison-tiktok-oracle.html#:~:text=Now%20his%20politics%20are%20President,TikTok's%20U.S.%20operations%20in%202020.) going back to the president’s first term. Ellison has frequented Trump’s Mar-a-Lago resort for dinners and met him in the Oval Office. As Trump has repeatedly postponed complying with the supreme court’s January ruling to ban TikTok if it’s not sold, Oracle has [emerged as the lead buyer](https://www.theguardian.com/technology/2025/jun/19/third-tiktok-ban-extension-trump) of the popular social media app. ā€œIn the case of Larry, Larry Ellison, it’s well beyond technology, sort of CEO of everything,ā€ Trump said during a [news conference](https://rollcall.com/factbase/trump/transcript/donald-trump-remarks-infrastructure-investment-ai-january-21-2025/) a day after he was inaugurated. ā€œHe’s an amazing man and an amazing business person.ā€ Ellison is also close to the Israeli prime minister, Benjamin Netanyahu, and has donated heavily to the Israeli military through the non-profit Friends of the Israel Defense Forces. In 2017, he gave the organisation its [biggest-ever donation](https://variety.com/2017/biz/vpage/friends-israel-defense-forces-gala-raises-record-breaking-53-8-million-1202606799/) at the time – \$16.6m. Oracle did not respond to questions from the Guardian asking if Ellison has donated more recently. Ellison has hosted Netanyahu and other dignitaries and celebrities at his huge estate on Lanai, [according to Bloomberg](https://www.bloomberg.com/news/articles/2025-09-10/who-is-larry-ellison-and-how-did-he-become-the-world-s-second-richest-person). He bought 98% of the island in 2012 and has since created an exclusive luxury Four Seasons resort and started a hydroponic farm that grows lettuce and other greens. Local Lanai residents told Bloomberg that they have scrambled to hold on to their scant land as they have seen their island transform from a sleepy outpost to a [destination for the ultra-rich](https://www.bloomberg.com/graphics/2022-oracle-larry-ellison-lanai-hawaii-plans-tourism/). Musk, Ellison’s friend and rival for ā€œworld’s richest manā€, is a frequent guest on Lanai and calls the Oracle co-founder his mentor, according to a biography on Musk by Walter Isaacson. Earlier this year, during a [podcast with the Texas senator Ted Cruz](https://www.businessinsider.com/elon-musk-larry-ellison-page-jeff-bezos-smartest-people-met-2025-3), Musk was asked who is the smartest guy he had ever met. ā€œLarry Ellison is very smart,ā€ Musk said. ā€œI will say Larry Ellison is one of the smartest people.ā€ Quick Guide #### Contact Guardian Business about this story Show ![](https://i.guim.co.uk/img/media/ae475ccca7c94a4565f6b500a485479f08098383/788_0_4000_4000/4000.jpg?width=620&quality=85&auto=format&fit=max&s=45fd162100b331bf1618e364c5c69452) The best public interest journalism relies on first-hand accounts from people in the know. If you have something to share on this subject you can contact the Business team confidentially using the following methods. **Secure Messaging in the Guardian app** The Guardian app has a tool to send tips about stories. 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