Ellison is the founder and largest shareholder of Oracle, the maker of database software that reported revenue of $57.4 billion in the year to May 31, 2025. He owns more than 40% of the Austin, Texas-based company as well as a stake in Tesla, a sailing team, the Indian Wells tennis event and real estate, including Hawaii's Lanai island.
The majority of Ellison's fortune is derived from a stake in US software maker Oracle. He owns around 41% of the business, according to a July 2025 filing.
Ellison has pledged about one-quarter of his shares as collateral against personal debt, according to the company's September 2024 proxy statement. Half of the pledged shares are deducted from his sharecount to account for the personal debt, based on typical loan-to-value ratios and wording in the proxy noting that the board believed he had the capacity to repay his personal term loans. Before July 22, 2025, all of the pledged shares had been deducted from his sharecount; the methodology change resulted in a one-day increase of $33 billion.
The software mogul has a history of lavish living. His accountant, Philip Simon, suggested in a 2002 email that Ellison "budget and plan" because his spending habits were becoming difficult to maintain, according to a January 2006 San Francisco Chronicle article. He finances that lifestyle -- yachts, planes, trophy properties, America's Cup teams, the Indian Wells tennis tournament -- using debt and the proceeds from Oracle sales and dividends, which have amounted to more than $12 billion since 2003, according to an analysis of Bloomberg data.
Ellison owns about 1.4% of Tesla, according to the company's 2022 proxy statement. He stepped-down from Tesla's board of directors in June 2022 and his stake hasn't been disclosed in subsequent proxies.
The value of his cash investments is based on an analysis of that income, insider transactions, taxes, spending habits and market performance. The calculation includes the value of real estate in San Francisco, Lake Tahoe, Malibu, Rhode Island, Japan and Hawaii, as well as Hawaii-based airline Island Air.
Deborah Hellinger, a spokeswoman for Oracle, previously said Ellison declined to comment on his net worth.
Ellison was raised on the south side of Chicago after being adopted by his mother's aunt and uncle at age nine months. He dropped out of the University of Illinois and University of Chicago and moved to Berkeley, California, taking a computer programming job at Ampex, where he worked on a database called Oracle for the Central Intelligence Agency.
With two partners, Ellison founded what eventually became Oracle in 1977. The company sold shares in an initial public offering on March 12, 1986, a day before Microsoft's initial public offering.
Ellison has spent hundreds of millions of dollars on luxury real estate, including properties in Malibu, California, a home and private golf course in Rancho Mirage, California, the Astor Beechwood Mansion in Newport, Rhode Island, and an estate in Woodside, California, modeled on 16th-century Japanese feudal architecture.
The avid sailor partially financed the BMW Oracle Racing team, which won the America's Cup in February 2010. He sold his stake in Rising Sun, a 138-meter mega-yacht, to billionaire David Geffen later that year. His Oracle Team USA defended the America's Cup in October 2013, defeating a team from New Zealand.
He signed the Giving Pledge in 2010, promising to give away at least 95 percent of his wealth to charitable causes. Ellison said in a letter to the group that he had "already given hundreds of millions of dollars to medical research and education, and I will give billions more over time."
He stepped down as Oracle CEO in September 2014, taking on the titles of chairman and chief technology officer.