board just made the worst personnel decision since the idiots on the Apple board fired Steve Jobs many years ago." [10] With the defeat of Informix and of Sybase, Oracle enjoyed years of industry dominance until the rise of Microsoft SQL Server in the late 1990s and IBM's acquisition of Informix Software in 2001 to complement their DB2 database. It is the most expensive residential property purchase in Florida history. . June 23, 2003, pp. From a college dropout to a $54 billion fortune the incredible rags-to-riches story of Oracle founder Larry Ellison. Ellison owns a relatively secret single family office, through which his investments are managed. The paper's new publisher, editor and lead . Finance sources said the bankers feel betrayed: while Larry Ellison's family office was portrayed as being very involved in the marketing documents sent to the banks and indicated the office was . Derivative Litigation (824 A.2d 917 (2003)), Last edited on 28 February 2023, at 11:04, University of Illinois at UrbanaChampaign, $1 for his base salary for the fiscal year, limits on late-night takeoffs and landings, "Lawrence J. Ellison Executive Biography", "Bloomberg Billionaires Index: Larry Ellison", "Larry Ellison Bought an Island in Hawaii. Knight Ridder/Tribune Business News, January 14, 2004. Lawrence Joseph Ellison is an American businessman and philanthropist who co-founded the Oracle Corporation. [3] Ellison is also known for his 98% ownership stake in Lanai, the sixth-largest island in the Hawaiian Archipelago. Fragmentation of healthcare data is notably correlated to poorer healthcare outcomes. Renewed interest from distributors could help the film unit, given that Annapurna is free to seek new partners . [16] On August 22, 2009, it was reported that Ellison would be paid only $1 for his base salary for the fiscal year of 2010, down from the $1,000,000 he was paid in fiscal 2009. [17] The Sun acquisition also gave Oracle control of the popular MySQL open-source database, which Sun had acquired in 2008. Caroline Ellison, CEO of Alameda is the daughter of Glenn Ellison ( Source : twitter) According to a shocking investigation by CoinDesk, Ellison and Bankman-Fried were part of a "cabal of roommates" running their crypto empire. Ellison soaked San Francisco with an $11.5 million bill for the . In 19901993, Sybase was the fastest-growing database company and the database industry's darling vendor, but soon fell victim to its merger mania. While the three young men were busy writing Precision Instruments Its database program made possible such things as 180 , . Oracle became a successful database vendor to mid- and low-range systems, later competing with Sybase (created 1984) and Microsoft SQL Server (a port of Sybase created in 1989) which led to Ellison being listed by Forbes as one of the richest people in the world. Larry Ellison is the founder of . In this success story, we are going to share Larry Ellison biography co-founder and former CEO of the Oracle Corporation. Larry Ellison is known to be the chief technology officer, chairman, and co-founder of the renowned software organization Oracle. Ask Larry: Is There Really An Age Limit On Social Security's Child-In-Care Spousal Benefit? Oracle founder and former CEO Larry Ellison was born in New York City but grew up in a lower-middle-class community on the South Side of Chicago. Ellison would later say that Oracle had made "an incredible business mistake". Visit Business Insider's homepage for more stories. about six months before the founding of Software Development At nine months, he contracted pneumonia, and his unmarried 19-year-old mother gave him to her aunt and uncle in Chicago to raise. 57, 6465, 84, 310, 33742, 34854. His biological father served in the United States Army Air Corps as an Italian-American pilot. 2004 , -151 (-1% ). "Because software is all about scale. Its new sibling opened on co-founder Larry Ellison's California estate in November. In September 2012, Ellison was again listed on the Forbes list of billionaires as the third richest American citizen, behind Bill Gates and Warren Buffett, with a net worth of $44billion. , 2017 -52.2 . Biological son of Father of Larry Ellison and Florence Ruth Spellman Larry'. By the time Ellison and Barbara In 2013, Forbes listed him as the third-wealthiest man in America. way to maintain a database of information on videotape as opposed to David Ellison (born January 9, 1983) is an American film producer and actor best known as the founder and CEO of Skydance Media. Boothe filed for divorce in 1986, he was a millionaire several times The intense war between Informix CEO Phil White and Ellison was front-page Silicon Valley news for three years. Oracle has grown in part through steady acquisitions of software companies, the biggest of which was $28.3 billion for electronic health records company Cerner in 2021. Investments. [12], This article is about the American producer. Ellison transformed Oracle into a massive company, and in so doing, made himself one of the richest people in the world. Larry Ellison delivers a keynote address during a conference on September 16, 2019. Oracle billionaire Larry Ellison bought 98% of Lanai in 2012 for an estimated $300 million. He worked mainly night and weekend shifts backing up data and doing routine maintenance work. computers as well as other brands, and so did many large corporations. [30] On August 9, 2010, Ellison denounced Hewlett-Packard's board for firing CEO Mark Hurd, writing that: "The HP board just made the worst personnel decision since the idiots on the Apple board fired Steve Jobs many years ago." In April 1997, Informix announced a major revenue shortfall and earnings restatements. The property was the former summer home of the prominent Astor family. Mission: Impossible Dead Reckoning Part One, Mission: Impossible Dead Reckoning Part Two, "How David Ellison, Son of Larry Ellison, Scored Big With 'True Grit'", "David Ellison raises $350 million to co-fund movies with Paramount", "Paramount-Skydance deal: Dealmakers Impact Report 2010", "Larry Ellison's Son Launches A Clothing Line Inspired By His Dad's Hawaiian Island", "David Ellison's Skydance Launching Animation Division With Spain's Ilion", "Skydance Media Announces Strategic Investment by Tencent Holdings Limited", "Tom Cruise Wedding Dance BattleCaught On Tape", https://en.wikipedia.org/w/index.php?title=David_Ellison&oldid=1138106551, This page was last edited on 8 February 2023, at 01:52. He gave up the Oracle CEO role in 2014 after 37 years at the helm. The company is known for a variety of technological innovations, including database management, cloud technology, and more. 2010. While working at Ampex in the early 1970s, he became influenced by Edgar F. Codd's research on relational database design for IBM. [90] In 2017 Ellison again donated to the Friends of the Israel Defense Forces, this time for $16.6million. He left the University of Illinois at Urbana-Champaign after his second year, after not taking his final exams because his adoptive mother had just died. In 2020, Larry Ellison moved permanently to the Hawaiian island of Lanai, which he bought nearly all of in 2012 for $300 million. Billionaire tech entrepreneur and Oracle founder, Larry Ellison, lists his North Palm Beach estate for a whopping $145 million. certain figure, the user had to go in and look at the data. neardeath experience apparently shook Ellison into devoting more Ellison had heard about the IBM System R database, also based on Codd's theories, and wanted Oracle to achieve compatibility with it, but IBM made this impossible by refusing to share System R's code. In 2010, with his father then the sixth richest person in the world, and a partnership deal with Paramount, Skydance was able to raise $350 million in equity and credit to co-finance and co-produce movies. He Securing a historic victory, Ellison and his BMW Oracle team became the first challengers to win a "deed of gift" match. The Cup returned to American shores for the first time since 1995. Vanity Fair, ". The property is in Incline Village and a few miles . jobs, mostly related to computers. socalled applications software. The futuristic home has 250 feet of water frontage and a mini moat. They married on December 18, 2003, at his Woodside estate. customers, the company had to write its software to work on three Wilson's Larry Ellison has abruptly shut down the foundation he spent years setting up. Forbes, AMACOM, 2002. profit and gave another 911,744 shares to his wife. Ellison was inspired by the paper written by Edgar F. Codd on relational database systems called "A Relational Model of Data for Large Shared Data Banks". Ellison resigned as chairman of Oracle effective January 19, 2004, but Peter Mullan Net Worth, Height, Age, Affair, Career, and More. -2015 " . a oneroom apartment for three years, until buying a house in From 1990 to 1993, Sybase was the fastest-growing database company and the database industry's darling vendor, but soon it fell victim to merger mania. [33] In September 2011, Ellison was listed on the Forbes list of billionaires as the fifth richest man in the world and was still the third richest American, with a net worth of about $36.5billion. But the pilot only lands the plane in San Jose when it weighs 75,000 pounds or less, and has the logs to prove it. David Ellison was born in Santa Clara County, California. PeopleSoft was run by a former Although IBM dominated the mainframe relational database market with its DB2 and SQL/DS database products, it delayed entering the market for a relational database on Unix and Windows operating systems. In 2019, Ellison, in conjunction with Russell Coutts, started the SailGP international racing series. [21] In September 2011, Ellison was listed on the Forbes List of Billionaires as the fifth richest man in the world. Ampex, Ellison met Robert Miner and Edward Oates, who became his [15] On July 2, 2009, for the fourth year in a row, Oracle's Board awarded Ellison another 7 million stock options. [75] His entertainment system at his Pacific Heights home cost $1million, and includes a rock concert-sized video projector at one end of a drained swimming pool, using the gaping hole as a giant subwoofer. Oracle Corp., 500 Oracle Pkwy., Redwood City, CA 94065. [25] As of September 2012, Ellison was listed on the Forbes List of Billionaires as the third richest American citizen, behind Bill Gates and Warren Buffett, with a net worth of $44 billion. The Woodside compound sits across the street from Larry Ellison's home. The company moved into new [45][2] Ellison left the Tesla Board in August 2022. was called Oracle 2; there was no Oracle 1. Larry Ellison also has two children, David and Megan, with his third wife, Barbara Boothe. [21] In 2007, Ellison earned a total compensation of $61,180,524, which included a base salary of $1,000,000, a cash bonus of $8,369,000, and options granted of $50,087,100. He "downsized" to Musashi, a 288-foot (88 m) yacht built by Feadship. Ask Larry: Am I Really Stuck With My Age 62 Social Security Retirement Benefit Rate? "[7], In 2017, Ellison helped launch Skydance Animation in partnership with Spain's Ilion Animation Studios. breaking up that Ellison decided to become a millionaire. Securing a historic victory, Ellison and his BMW Oracle team became the first challengers to win a "deed of gift" match. 1:06. [68][69][70], Ellison is a licensed pilot who has owned several aircraft. For the British actor, see. [11], He married Sandra Lynn Modic, an actress and singer, on October 1, 2011 in Palm Springs, California. Larry bought this ocean-to-lake estate as well as a portion of nearby Bird Island from James Henry Clark, who had purchased it from the Ziff family. 1979 -Relational Software Inc, , . Barbara was a former receptionist at Relational Software Inc (RSI). August 20, 2001, p. 82. As an actor, Ellison has performed in the films Flyboys, Little Fish, Strange Pond and Hole in One. Larry Ellison Family Background. Development Laboratories in 1977. This was what Larry Ellison's height is 6 feet 3 inches (1.91 m) and his weight is 85 kg (187 lbs). He still owns about 15 million shares in the electric carmaker. holding information, such as lists of employees and how much money they While Microsoft's programs soon became part of After he contracted pneumonia at the age of nine months, Larry's mother gave him to her aunt and uncle for adoption. Today's Social Security column addresses questions about whether child-in-care spousal benefits time out, taking retirement benefits before spousal benefits and what effects living and working outside the US might have on Social Security benefits. Ellison and Conway displayed a lot of personal animosity over the deal. [24] Ellison agreed to settle a four year-old insider-trading lawsuit by offering to pay $100 million in October 2012. That's the message delivered to Oracle Corp. founder Larry Ellison, one of the world's richest men, by his personal financial adviser in a series of e-mails . similar to Ampex's, trying to find a way to store and retrieve [30] They had two children, David and Megan. Twitter is subpoenaing the worlds sixth-wealthiest manLarry Ellison, who contributed $1 billion to Musks Twitter bid earlier this yearin its case against Musk. However, she is not related to billionaire business magnate and former CEO of Oracle Corporation, Larry Ellison. During his time there, he discovered Edgar F. Codd's research on relational database design, and a few years later became involved in the creation of the company Oracle. program for the Central Intelligence Agency (CIA). She is best recognized as the longtime girlfriend of Oracle CEO and one of the wealthiest people in the world, Larry Ellison. Even though the company was showing tremendous The Post cited court documents and a participant on the call. Laboratories. Lawrence was raised in a two-bedroom . medieval villa, investing in a Hollywood magazine and flying fighter Louis Ellison was a government employee who had made a small fortune in Chicago real estate, only to lose it during the Great Depression. [27] On August 22, 2009, it was reported that Ellison would be paid only $1 for his base salary for the fiscal year of 2010, down from the $1,000,000 he was paid in fiscal 2009. different types of computer. Larry Ellison earns between $2 billion and USD 5 billion every year, according to our reputable sources, which corresponds to a monthly average pay of between $200 million and $500 million, and $2 million to $5 million daily. Larry Ellison is chairman, chief technology officer and cofounder of software giant Oracle, of which he owns about 35%. [2] As of 1st February 2023, he was listed by Bloomberg Billionaires Index as the sixth-wealthiest person in the world, with an estimated fortune of $102.6 billion. Father - His biological father was a United States Army Air Corps pilot. The sales people then booked the value of future license sales in the current quarter, thereby increasing their bonuses. Larry Ellison, the co-founder of Oracle and the world's 11th-richest person, bought 98 percent of Lanai in 2012 . began to rocket out of control. January 11, 1999, p. 68. )[19] Then on September 6, Oracle hired Mark Hurd and made him Co-President alongside Safra A. Catz. In 1997, Ellison took a new tack, pushing Oracle to get more involved in They lived in [28][29] Adda Quinn from 1967 to 1974. Larry Ellison, the billionaire founder of Oracle, paid $173 million for a Manalapan estate, setting a record for home sales in Florida. I don't believe that they are real. William Morrow, 1997. Lawrence Joseph Ellison (born August 17, 1944) is an American business magnate and investor who is the co-founder, executive chairman, chief technology officer (CTO) and former chief executive officer (CEO) of the American computer technology company Oracle Corporation. [82], In 1992 Ellison shattered his elbow in a high-speed bicycle crash. [13] In the year ending May 31, 2009 he made $56.8 million. . They married six months before Ellison founded Software Development Laboratories. [6] Although Ellison was raised in a Reform Jewish home by his adoptive-parents, who attended synagogue regularly, he remained a religious skeptic. 9th of 45 Larry Ellison Quotes. The value of his cash investments is based on an analysis of that income, insider transactions, taxes, spending . His projects included a database for the CIA, which he named "Oracle". In 2014, Ellison launched a new line of men's clothing, called the "LANAI Collection. multimillion dollar corporation. (: Lawrence Joseph "Larry" Ellison; -17 1944) -, - , . Wilson, Mike, Larry did not meet his biological mother again until he was 48. than 1.3 billion shares in the company. Below the table, you can find more things about him. [8], Although Ellison was raised in a Reform Jewish home by his adoptive parents, who attended synagogue regularly, he remained a religious skeptic. 1 1.1 1.2 2 2.1 2.2 2.3 3 4 5 6 , . Paayal Zaveri and Ellen Thomas. through the whole company, leading it to flout Securities and Exchange He grew up in a two-bedroom apartment in Chicago's South Shore middle-class Jewish neighborhood. [83], To settle an insider trading lawsuit arising from his selling nearly $1billion of Oracle stock, a court allowed Ellison to donate $100million to his own charitable foundation without admitting wrongdoing. [9], Ellison is a licensed pilot with instrument ratings for helicopter aviation, aerobatics, commercial aviation, fixed-wing aircraft, and multi-engine aircraft. Antonia Farzan. Office , . Ellison's lawyer had argued that if Ellison were to pay the fees, that could be construed as an admission of guilt. Oracle CEO Larry Ellison speaks at an Oracle and Sun Strategy Update event in Redwood City, California. Oracle's offer was being In 2011, he purchased the 249 acre Porcupine Creek Estate and private golf course in Rancho Mirage, California for $42.9 million. Barbara Boothe from 1983 to 1986. "[54] In August 2010 it was reported that Ellison is one of the 40 billionaires who has signed "The Giving Pledge". Age: 77 Net worth: $106 . Louis Ellison was a government employee who had made a small fortune in Chicago real estate, only to lose it during the Great Depression. Salesforce CEO Marc Benioff says he is adopting Oracle's playbook and leaning on guidance from his former boss and sometimes friend Oracle chairman and cofounder Larry Ellison.Kimberly White/Getty . Oracle's got 100+ enterprise applications live in the #cloud today, SAP's got nothin' but SuccessFactors until 2020 He is also the second-largest shareholder at Tesla after Elon Musk. Wheeler gave up any claim on her husband's company for $500. All you can do is all you can do.". His real birth name is Lawrence Joseph Ellison. Hes nowhere near as rich as he boasts, nor as poor as his critics claim. [47] His entertainment system cost $1 million, and includes a rock concert-sized video projector at one end of a drained swimming pool, using the gaping hole as a giant subwoofer. Salesforce's Marc Benioff says he's following 'the Oracle playbook' to improve profits and Larry Ellison is helping him. a former receptionist at RSI, had borne him a son, David, and pressed it. the deal would go through, while Conway was convinced of the opposite. , : 40 . [24] In 2006, Forbes ranked him as the richest Californian. U.S. News & World Report, Ellison, but he stayed on, determined to keep his mind on the business. At age thirteen, Ellison refused to have a bar mitzvah celebration. 3741. Father of David Ellison and Megan Ellison Barbara Boothe, 1983 (divorced, 1987); married Melanie Craft (a romance Larry Ellison as seen in an Instagram Post in December 2014 (Larry Ellison / Instagram) Family. could finish its contract work for Precision Instruments and then drum August 17, 1944. building a home for himself that was a reproduction of a Japanese Ellison has a real estate portfolio of over a billion with homes all across the United States. Wiki, Bio, Family, Siblings, Childhood & Education. [14][15] He withdrew without taking final exams after his sophomore year because his adoptive mother had just died. He enjoyed spending time with his family and friends, trips to the shore, gardening . The for chain stores, and management of supplier and client databases for couple had met while leaving a San Francisco, California, restaurant in quarter, meaning it had to announce that that $15 million had never Geni requires JavaScript! Larry Ellison who is worth an estimated 89 billion, bought Lanai for 247m more than a decade ago Credit: TORU YAMANAKA. [67] The series used F50 foiling catamarans, the fastest class of boat in history with regattas held across the globe. Every day . IBM's DB2 still dominates the mainframe database-market. 6. Ellison remembers his adoptive mother as warm and loving, in contrast to his austere, unsupportive, and often distant adoptive father, who adopted the name Ellison to honor his point of entry into the USA, Ellis Island. As a child, Larry Ellison's adoptive . littlenoticed but ubiquitous database programs that are Gold," where employees who met or exceeded sales goals were paid [10] Ellison states: "While I think I am religious in one sense, the particular dogmas of Judaism are not dogmas I subscribe to. , , , . videotape at high speed. large manufacturers. This crisis, which almost resulted in Oracle's bankruptcy, came about because of Oracle's "up-front" marketing strategy, in which sales people urged potential customers to buy the largest possible amount of software all at once. the company was still profitable despite an overall downturn in the Education: - Larry Ellison. .., -31 2003, -32 2007, -33 2010 -34 2013, . In January 2000, Ellison sued over the interpretation of the airport rule, contending that his Gulfstream V aircraft "is certified by the manufacturer to fly at two weights: 75,000 pounds, and at 90,000 pounds for heavier loads or long flights requiring more fuel. 2023 Forbes Media LLC. Oracle's new applications software, 11i, [41] Oracle Team USA had been penalized two points in the final due to cheating by some Oracle Team USA team members during the America's Cup World Series warm-up events. Nikita Kahn is an American actress, model, businesswoman and animal rights activist. In June 2022, Larry Ellison bought a massive 22-acre property worth $173 million in Manalapan, Florida. In 1993, Sybase sold the rights to its database software running under the Windows operating system to Microsoft Corporation, which now markets it under the name "SQL Server". or tennis. The Larry Ellison has made various investments, from venture . This prompted Ellison to Ellison remained in his current role at Oracle. [4], Larry Ellison was born in New York City to an unwed Jewish mother. Precision Instruments needed to Located in Manalapan, Floridaan ultra-exclusive neighborhood home to celebrities and billionaires, including Larry Ellisoncan be yours for $30 million. Now he owns the island's only newspaper, too. [20] As of March 10, 2010 the Forbes list of billionaires ranked Ellison as the sixth-richest person in the world. With Oracle, Larry Ellison created one of the biggest database service providers. In 1979 the company renamed itself Relational Software Inc., and in 1982 officially became Oracle Systems Corporation - after its flagship product, the Oracle database. Oracle co-founder Larry Ellison has bought another resort on Lake Tahoe's north shore, paying $345 million for the Hyatt Regency Lake Tahoe. "You can't worry about it, you can't panic when you look at the stock market's decline or you get frozen like a deer in the headlights. But the better alternative was to Founder and Chief Executive Officer of Oracle Corporation. finished paying off a smaller vessel. Larry Ellison's advisors are no longer active at the company, insiders said. They named their program Oracle, after the Larry Ellison has an estimated net worth of approximately $97.5 billion as of 2023. Ellison had urged his sales team to push Oracle hard, and there were few information. At Ampex the three worked on writing a database A California judge refused to allow Oracle to pay Ellison's legal fees of $24million. (divorced, 1974); married Nancy Wheeler, 1976 (divorced, 1978); married [26] In 2013, according to a French magazine, Ellison earned $94.6 million. With a personal fortune estimated at $18.7 billion in 2004, Ellison became one of the world's richest people. Financial markets that are built on the pillars of tokens, transparency and trust will indeed be the next generation. Woodward, http://sanjose.bizjournals.com/sanjose/stories/2004/03/15/daily28.html. -2013 . Career[edit], Larry Ellison lecturing at the Oracle OpenWorld, San Francisco 2010 During the 1970s, after a brief stint at Amdahl Corporation, Ellison worked for Ampex Corporation. $151,092,103, about 1% of his estimated personal wealth. His donation was intended to support the construction of well-being facilities on a new campus for co-ed conscripts. Applications run on top of 20 . company employed only several dozen people, and had sales of $2.4 [32] Ellison made a brief cameo appearance in the 2010 movie Iron Man 2. Larry Ellison (U.S.) Kimimasa Mayama/AP Co-founder, Oracle. [49], Ellison has been married and divorced four times:[50], Ellison made a brief cameo appearance in the 2010 movie Iron Man 2. the most of an opportunity. of his own board or with Washington dignitaries. responsibility to new president and chief financial officer, 1991, On September 25, 2013, Ellison's Oracle Team USA defeated Emirates Team New Zealand to win the 34th America's Cup in San Francisco Bay, California. 4749. After receiving treatment at University of California, Davis, Ellison donated $5million to seed the Lawrence J. Ellison Musculo-Skeletal Research Center. Larry Ellison is an American business magnate who has a net worth of around $106.2 Billion. Ellison owned 35% of NetSuite at the time of the purchase making him $3.5billion personally. Precision Instruments Co. president and chief financial officer. ; Mother - Florence Spellman; Others - Sandra Lynn Modic (Daughter-in-Law) (Actress, Singer), Kira Craft (Ex-Sister-in-Law), Lillian Spellman (Adoptive Mother) (Deceased), Louis Ellison (Adoptive Father) (Government . In 2020, Ellison moved permanently to the Hawaiian island Lanai, which he bought nearly all of in 2012 for $300 million. In 1978, the couple divorced. shifts backing up data and doing routine maintenance work. With the 2010 transaction, Ellison was named to Variety's Dealmaker list for 2010[5] and the Forbes 30 Under 30 list in 2011.[6]. "[88] In 2007 Ellison pledged $500,000 to fortify a community centre in Sderot, Israel, after discovering that the building was not fortified against rocket attacks. )[31] Then on September 6, Oracle hired Mark Hurd as co-president alongside Safra Catz. 2003 he launched a hostile bid to take Larry Ellison is the co-founder of Oracle, the massive technological and computing business. This became a problem when the future sales subsequently failed to materialize. [64] Oracle Team USA had been penalized two points in the final for cheating by some team members during the America's Cup World Series warm-up events. 2009, -22.5 . He still owned more shortly after meeting her at a Berkeley employment agency. cut when he changed jobs. Billionaire Larry Ellisons $173 million Palm Beach estate topped the list last year, along with a $100 million Malibu dream house bought by media mogul Byron Allen and a $75 million Beverly Hills mega-mansion owned by rap superstar Drake. [2] In April 2009, after a tug-of-war with IBM and Hewlett-Packard, Oracle announced its intent to buy Sun Microsystems. So perhaps not surprisingly, Oracle This biography provides detailed information on his childhood, life, career, achievements and timeline. [7] Ellison graduated from Eugene Field Elementary School in Chicago in January 1958 and attended Sullivan High School at least through the fall of 1959 before moving to South Shore. A storm sank six of his competitors, four men died, and Ellison Ellison sat on the board of Tesla from December 2018 to August 2022. Ellison Larry Ellison, in full Lawrence Joseph Ellison, (born August 17, 1944, New York City, New York, U.S.), American businessman and entrepreneur who was cofounder and chief executive officer (1977-2014) of the software company Oracle Corporation.