Last Wednesday (14), American businessman Larry Ellison rose in the ranking of the richest men in the world, created by Forbes magazine. He overtook Amazon creator Jeff Bezos to become third on the list.
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That came after the value of Ellison's software company, Oracle, rose 5% in just one day. With his new placement on the Forbes list, it is the first time that the billionaire has been in third place.
According to the magazine's information, the billionaire's net worth reached US$ 152 billion. This means that it is the same as receiving R$ 732 billion in Brazil. Jeff Bezos, in turn, accumulates US$ 149 billion.
It's worth noting that Ellison had $45 billion about two months ago. However, Oracle's shares began to rise without stopping, reaching the current result.
Who is Larry Ellison?
Born on August 17, 1944, in New York, in the U.S, Larry Ellison is, as already mentioned, an American businessman and one of the founders of Oracle Corporation, a renowned technology company specializing in software and databases.
Ellison had a difficult childhood, growing up in Chicago's poor neighborhoods. He attended the University of Illinois but dropped out before graduating. Initially, he worked at different technology jobs and gained experience in the computer industry.
How Larry Ellison Started Oracle
In 1977, Ellison co-founded Oracle Corporation with Ed Oates and Bob Miner, and assumed the role of CEO of the company. Under his leadership, it grew into one of the world's leading software companies, with a primary focus on database and enterprise systems development.
Larry Ellison is known for his charismatic personality and extravagant lifestyle. He is an avid sailor and went on to found Oracle Team USA, a sailing team that won the America's Cup in 2010 and 2013.
O billionaire also got involved in other ventures. He acquired Lanai Island in Hawaii and turned it into a luxury tourist destination. In addition, Ellison has invested in aviation, real estate, and technology companies.