What is Larry Ellison Net Worth?

Larry Ellison, co-founder of Oracle Corporation, is a name synonymous with innovation, wealth, and extravagance. As of July 16, 2025, he holds the position of the second richest person in the world, with a net worth of $256 billion. This article explores the journey, earnings, investments, real estate empire, personal life, and lifestyle of this tech magnate.

Net Worth and Salary

Larry Ellison’s net worth stands at a staggering $256 billion, driven largely by his stake in Oracle Corporation and savvy investments such as Tesla. Oracle, which he co-founded in 1977, has grown to become one of the world’s most powerful software companies, competing with the likes of IBM, Microsoft, and SAP.

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After taking Oracle public in 1986, Ellison held 39% of the company. By the end of Oracle’s first trading day, his stake was already worth $105 million. Over the years, Ellison became one of the highest-paid executives in America, amassing $12 billion from stock sales and dividends since 2003 alone.

Currently, Ellison owns approximately 42% of Oracle, and a portion of that is used as collateral for personal loans. He also earns $1.7 billion annually in dividends from Oracle alone, contributing significantly to his rising fortune.

The Rise in Global Rankings

Larry Ellison’s wealth has seen astronomical growth, particularly since 2022. In late 2022, his net worth was around $80 billion. Within less than three years, it more than tripled, reaching $256 billion in July 2025. This propelled him past Facebook founder Mark Zuckerberg to become the second richest person in the world, behind only Elon Musk.

As of July 2025:

• Elon Musk: $366 billion
• Larry Ellison: $256 billion
• Mark Zuckerberg: $247 billion
• Jeff Bezos: $243 billion

Tesla Investment

In 2018, Ellison made headlines for quietly purchasing $1 billion worth of Tesla shares, acquiring roughly 3 million shares. At the time, that represented a 1.7% stake in the company. The move was a testament to his longstanding friendship with Elon Musk.

After Tesla’s 5-1 stock split in August 2020, Ellison’s holdings grew to 15 million shares. At various points in 2021, those shares were worth up to $13 billion. Though he stepped down from Tesla’s board in August 2022, the investment significantly boosted his wealth and diversified his portfolio.

Personal Life and Family

Larry Ellison’s personal life has been just as eventful as his professional career. He has been married four times. His most recent marriage was to romance novelist Melanie Craft (2003–2010), with Steve Jobs serving as the wedding photographer.

From his third marriage to Barbara Boothe, he has two children:

• David Ellison – A successful film producer.
• Megan Ellison – Also a well-known film producer, recognized for funding critically acclaimed films.

Ellison has signed The Giving Pledge, committing to donate the majority of his wealth. So far, he has donated at least $400 million to charitable causes. One of his largest donations was $200 million to the University of Southern California, founding the Lawrence J. Ellison Institute for Transformative Medicine in 2016.

Real Estate Empire

Larry Ellison has assembled one of the most extraordinary real estate portfolios in the world. His holdings span California, Florida, Rhode Island, Hawaii, and even an entire island. Let’s take a look at some of the most notable properties in his real estate empire.

Woodside, California Estate

Ellison’s primary residence is a 45-acre estate in Woodside, California, modeled after a 16th-century Japanese estate. Estimated to be worth over $200 million, the property includes:

• A main house
• A two-bedroom guest house
• Three cottages
• A gym built inside a converted barn
• A 3-acre man-made lake with waterfalls

When the local government assessed the property at $173 million, Ellison challenged the valuation, eventually securing a 60% tax reduction.

Malibu Properties

Between 2004 and 2005, Ellison spent $180 million acquiring 12 properties in Malibu, including five properties on the exclusive Carbon Beach for $65 million. This beachfront enclave is known for housing celebrities and billionaires alike.

Rhode Island and Rancho Mirage

In 2010, Ellison acquired the Astor family mansion in Newport, Rhode Island, for $10.5 million. A year later, he bought the Porcupine Creek Estate in Rancho Mirage, California, for $43 million. The estate spans 249 acres and includes a private golf course.

Palm Beach, Florida Mansion

In 2021, Ellison paid $80 million for a massive mansion in Palm Beach, Florida. The property sits on 7.35 acres and features:

• A 15,500-square-foot mansion
• Several pools
• A tennis court
• A sports complex

Ellison listed this mansion for sale in 2022 for $145 million. The move to Florida also marked a strategic shift in his residency.

Tax Strategy and Florida Relocation

By moving from California to Florida, Ellison managed to avoid California’s 13% state income tax. Considering his $1.7 billion annual dividend income, he now saves approximately $230 million per year in taxes—roughly $644,000 per day.

Within just four months of Florida residency, these tax savings covered the full cost of his $80 million Palm Beach mansion.

Gemini Estate Purchase

In June 2022, Ellison acquired Gemini, a 16-acre Palm Beach estate, for $175 million. Formerly owned by billionaire Jim Clark, the purchase price made it the third most expensive home ever sold in U.S. history at the time.

The Island of Lanai

Perhaps Ellison’s most famous real estate purchase is the Hawaiian island of Lanai, which he bought in 2012 for $300 million. The purchase included 98% of the island, along with the Four Seasons Hotel.

Since then, Ellison has spent an additional $500 million on infrastructure improvements:

• Modernizing roads
• Building a water treatment plant
• Creating a state-of-the-art movie theater

He also purchased Island Air, an airline that brings guests to and from Lanai.

Hobbies and Expensive Toys

Ellison lives life to the fullest, indulging in a variety of luxurious hobbies and assets.

Indian Wells Tennis Garden

A devoted tennis fan, Ellison owns the Indian Wells Tennis Garden in California and the Indian Wells Masters Tournament. He purchased the tournament for $100 million and has invested an additional $100 million into the venue.

Yachts and Sailing

Ellison is an avid sailor. His Oracle Team USA won the America’s Cup in 2010 and 2013. For many years, he owned the 12th largest yacht in the world, the Rising Sun, built at $200 million. He later sold the yacht to music executive David Geffen in 2010.

Private Jets and Military Aircraft

Ellison’s aviation interests are as bold as the rest of his lifestyle:

• He once traveled in a Gulfstream V, later upgrading to a $75 million Gulfstream G650.
• He owns a Soviet MiG-29 (decommissioned) and a SIAI-Marchetti S.211 military jet trainer.
• Due to U.S. regulations, he is not allowed to fly the MiG-29, as it’s classified as a weapon of war.

Conclusion

Larry Ellison’s life is the ultimate expression of success in the tech industry. From co-founding Oracle to making strategic investments in Tesla, from acquiring entire islands to building a massive real estate portfolio, Ellison’s journey is nothing short of legendary. His disciplined approach to wealth accumulation, paired with a taste for luxurious living and a growing commitment to philanthropy, makes him one of the most fascinating billionaires of our time.

With a net worth of $256 billion, a global business empire, and a lavish lifestyle that includes everything from islands to jets, Larry Ellison is a symbol of ambition, innovation, and the American dream taken to the highest possible level.