Larry Ellison net worth: Larry Ellison is an American entrepreneur billionaire who has a net worth of $48 billion. Larry Ellison is the founder and CEO of software giant Oracle. Ellison's $48 billion net worth makes him the fifth richest person in the world behind Carlos Helu, Bill Gates, Warren Buffett and Amancio Ortega. Coming in as the fifth richest person in the world isn't the ideal outcome for an uber-competitive captain of industry, but in the case of Oracle CEO Larry Ellison, he can't really complain. At least he can say he's the third richest person in America!
Unlike pals Warren and Bill, Larry's consumption tends to be on the conspicuous side. He is an avid sailor, a love that he feeds as a major financer of the BMW Oracle Racing syndicate and former owner of the world's sixth largest yacht the $200 million Rising Sun. Ellison sold The Rising Sun to music mogul David Geffen in 2010. The Oracle database guru and licensed pilot also has a taste for highly expensive cars and planes. His collection includes a Maclaren F1 (only six of these cars are in the U.S.), an Audi R8 and a fighter jet.
Ellison lives in a $200 million house in Silicon Valley. The mansion is modeled after a 16th century Japanese estate. It spans 45-acres and features a main house, a two-bedroom guest house, three cottages, a barn converted to a gym and a man-made lake and two waterfalls. After the local township assessed his property at a value of $173 million and handed Ellison the tax bill, he challenged the value and won, receiving a 60% tax cut on his "$70 million" property.
Mr. Ellison's personal life is also a bit complex. He has been married four times and has a total of five children. His current wife, romance novelist Melanie Craft, is 25 years his junior and has produced three of his children in the last four years. Larry also supports his adult children David and Megan. In 2008, he reportedly purchased a $13 million home for his 20-something daughter in Los Angeles. You know, just a pied a terre. It all sounds a little excessive, but for the third richest person in America, there's plenty of money to make everyone happy. Except for Larry: he wants to be number one.