As of February 2017, he was listed by Forbes magazine as the fifth-wealthiest person in America and as the seventh-wealthiest in the world, with a fortune of billion.Ellison was born in New York City but grew up in Chicago.Lawrence Joseph Ellison (born August 17, 1944) is an American businessman, entrepreneur, and philanthropist who is co-founder of Oracle Corporation and was CEO from its founding until September 2014.
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Ellison has donated up to 1% of his wealth to charity and has signed The Giving Pledge.
In addition to his work at Oracle, Ellison has had success in yachting, through Oracle Team USA.