Sunday, September 18, 2011

Larry Ellison Estimated Net Worth In September 2011 | Richest Person In America

Larry Ellison Net Worth In September 2011: $39.5 Billion (USD)

Larry Ellison net worth 2011

Lawrence Joseph "Larry" Ellison (17 August 1944) is an American business magnate, co-founder and chief executive of Oracle Corporation, a major enterprise software company. As of 2011, he is the fifth richest person in the world, with a personal wealth of $39.5 billion.

Larry Ellison was born in Bronx, New York City to Florence Spellman, an unwed 19-year-old. As of March 10, 2010, Ellison was listed on the Forbes list of billionaires as the sixth richest person in the world. Ellison is the third richest American, with an estimated net worth of US $28 billion.

On July 27, 2010, The Wall Street Journal reported that Ellison was the best-paid executive in the last decade, collecting a total compensation of US $1.84 billion.

Ellison owns many exotic cars, including an Audi R8, and a McLaren F1. His favorite is the Acura NSX, which he was known to give as gifts each year during its production. Ellison is also reportedly the owner of a Lexus LFA and a Lexus LS600hL.


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