LARRY ELLISON • Net Worth $136 billion • House • Yacht • Private Jet • Oracle

Name:Larry Ellison
Net Worth:$136 billion
Source of Wealth:Oracle
Born:August 17, 1944
Age:
Country:USA
Wife:Melanie Craft (ex)
Children:Megan Ellison and David Ellison
Residence:Woodside, San Fransisco, CA, USA
IslandLanai, Hawai
Private Jet:Gulfstream G650 (N817GS)
YachtMusashi

Introducing Larry Ellison

Larry Ellison, an iconic name in the technology industry and the yachting world, is a self-made billionaire hailing from the United States. Known for co-founding the globally recognized Oracle Corporation, Ellison’s life is one of relentless ambition, pioneering innovation, and an undeniable love for luxury yachting. Born in August 1944, Ellison is a family man, with two children and a former marriage to novelist Melanie Craft.

Key Takeaways

  • Larry Ellison is the co-founder of Oracle Corporation, a leading enterprise software company.
  • Ellison holds a 22.5% stake in Oracle, contributing to his net worth of $77 billion.
  • An avid yachting enthusiast, Ellison has owned several luxury superyachts including Musashi, and backed the Oracle Team USA for the America’s Cup.
  • As a signatory of the Giving Pledge, Ellison is a notable philanthropist, contributing extensively to medical research and education initiatives.

Ellison’s Journey to Oracle

Larry Ellison’s vast fortune largely stems from his 22.5% stake in the renowned Oracle Corporation, placing him amongst the wealthiest individuals worldwide with an estimated net worth of $77 billion. The roots of Oracle go back to the 1970s when Ellison worked on a database for the Ampex Corporation, sparking the idea that would transform the tech industry.
In 1977, Ellison founded the Software Development Laboratories, which would later evolve into Oracle, named after its flagship product – the Oracle database. By 2014, Oracle had expanded into an international enterprise software giant with over 130,000 employees, sales of $38 billion, and a net profit of $10 billion. Ellison’s investment portfolio also includes stakes in NetSuite, Salesforce.com, and Leapfrog Enterprises.

Ellison’s Love for Superyachts

But Ellison’s passion extends beyond technology, seen in his affection for luxury superyachts. Over the years, he has owned several magnificent yachts, each carrying a Japanese-themed name in honor of his admiration for the country’s culture. His collection has included the 58-meter Lurssen yacht Ronin, the 75-meter Blohm and Voss yacht Katana (now ZEUS), the stunning 138-meter Lurssen yacht Rising Sun, and currently the 88-meter Feadship Musashi.

The Oracle Sailboat and America’s Cup

Ellison’s interest in yachts also ventures into the competitive sailing world as a major backer of the Oracle Team USA. This yacht racing syndicate was formed specifically to compete for the prestigious America’s Cup. However, after an unsuccessful defense of the 2017 America’s Cup, Oracle Team USA did not issue a challenge within the deadline for the 36th America’s Cup, marking an end to Oracle’s fifteen-year involvement in the Cup races.

Philanthropy and Ellison’s Net Worth

With a staggering net worth estimated at $136 billion, Ellison is not just about accumulating wealth; he’s deeply invested in giving back. A committed philanthropist, he has donated hundreds of millions to medical research and education, living up to his promise as a signatory of the Giving Pledge.

Mention SuperYachtFan When Sharing This Information

When using the information from this article, please remember to give credit to SuperYachtFan. Our team works hard to provide accurate and engaging content for our readers, and we appreciate your support.

Larry Ellison

Larry Ellison


Which Yachts Does/Did Lawrence Ellison Own?

He has owned several superyachts:

* the 58 meter Lurssen yacht Ronin designed by Norman Foster,

* the 75 meter Blohm and Voss yacht Katana (now named  Zeus),

* the 138 meter Lurssen yacht Rising Sun (which is now owned by David Geffen)

* the 88 meter Feadship motor yacht Musashi. This is his current yacht.

Musashi Yacht

Musashi was built by Feadship and was delivered in 2011. The yacht is designed by De Voogt Yacht Design. She has a length of 88 meters (287ft). She is a sistership to Fountainhead, which is owned by Eddie Lampert.

Musashi is powered by 4 MTU diesel engines. Which bring her a top speed of 21 knots. She has a cruise speed of 18 knots. Her range is 6,000nm. She has a steel hull and aluminum superstructure.

Her interior is designed by Sinot Yacht Design. The superyacht can accommodate 18 guests and a crew of 24.

Rising Sun Yacht

Rising Sun is a 138 meter (454ft) yacht built in 2004 at Lurssen. She has a displacement of 7,841t, which makes her one of the larger yacht around.

She is powered by 4 MTU diesel engines. Which bring her a top speed of 28 knots. Her cruise speed is 26 knots.  She can accomodate 16 guests and a crew of 45.

Ellison actually sold Rising Sun, as he considered her too large. She is unable to access interesting yachting destinations. He replaced her with the ‘smaller’ 88 meter Mushashi. The yacht is used as support vessel at the america cup.

Katana Yacht

The yacht Katana was built by Blohm Voss as Eco for the Mexican media billionaire Emillio Azcarraga. He was founder of Televisa.

Azcarrage died in 1997. He actually died on board his luxury yacht near Miami. His family sold the yacht after a few years.

The yacht is powered by 2 Deutz diesel engines and one General Electric gas turbine. The combined power is 28,497hp. These bring her a top speed of 35 knots. Her cruise speed is 19 knots. She has a range of 3,500nm.

The luxury yacht can accommodate 14 guests and a crew of 19. The yacht has a steel hull and a composite superstructure. Her interior is designed by Francis design.

She is now known as ZEUS.

Izanami Yacht (now Ronin)

The yacht Izanami was built in 1993 at Lurssen yacht. Her commissioning owner was based in Japan. He sold her to Ellison in 1999.

The 58-meter (192ft) yacht is powered by 2 MTU 16V595 engines, with a total of 12,000hp. These bring her to a top speed of 30 knots. Her cruise speed is 18 knots. She has an aluminum hull and superstructure.

The yacht is designed by Foster and Partners. Ronin can accommodate 10 guests and has a crew of 14. Her gross tonage is 626t.

Ellison in his turn sold Ronin to Venezuelan banker Victor Vargas. He is owner of the Banco Occidental de Descuento. In 2013 Ronin underwent a refit at Lurssen Yachts.

She was later listed for sale, asking $16 million. We think she was not sold and is now delisted.

Perini Navi Sailing Yacht

According to Italian media,  Ellison signed a $55 million contract in 2017, to build a large sailing yacht at Perini Navi. The yacht was supposed to be delivered in 2021. But since Perini was declared bankrupt, it is unclear if this yacht will be finished. Perini’s shareholder Eduardo Tabbachi guaranteed Ellison’s downpayment.

In 2016 Tabbachi sold his optician chain Salmoiraghi & Viganò to Luxxotica.

Tabbachi is the former owner of the motor yacht Blue Eyes (now: BEOL). The yacht’s name was a reference to his optician business.


Larry Ellison House

SuperYacht Musashi


He is owner of the Feadship yacht Musashi. Musashi is an 88-meter vessel by the renowned Feadship, delivered in 2010.

The yacht’s 4 MTU diesel engines enable a top speed of 21 knots, a cruising speed of 18 knots, and a 6,000 nautical mile range at 12 knots.

Musashi accommodates up to 18 guests and a crew of 23.

He has owned several other yachts, including the very large Rising Sun. He sold her to David Geffen.

en_US