Lawrence Ellison is an American businessman, entrepreneur, and philanthropist who is a co-founder and the executive chairman and chief technology officer of Oracle Corporation.
Lawrence Joseph Ellison is an American businessman, entrepreneur, and philanthropist who is a co-founder and the executive chairman and chief technology officer (CTO) of Oracle Corporation. As of October 2019, he was listed by Forbes magazine as the fourth-wealthiest person in the United States and as the sixth-wealthiest in the world, with a fortune of $69.1 billion, increased from $54.5 billion in 2018.
Oracle Corporation
Thu, Aug 17th, 1944
American
New York City, New York, United States
University of Illinois at Urbana-Champaign, drop out
University of Chicago, Computer Design
Oracle Corporation - Executive chairman and CTO
Oracle Corporation - Co-founder and former CEO
Despite the massive losses on Thursday, the Bloomberg Billionaires Index showed that in 2020, the 500 richest people have collectively gained $830 billion in wealth.
With ByteDance based in China, it will have to comply with the Chinese regulators before going ahead with the TikTok sale.
President Donald Trump declared that Oracle is “a great company” when asked if it would be a good buyer for TikTok. ORCL stock is up.
Dow Jones futures rose early Monday, along with S&P 500 futures and Nasdaq futures, after initially plunging Sunday. TSLA stock has also started growing in the premarket.
As a result of coronavirus fears, Tesla (TSLA) stock is hit hard, while other companies are also suffering. Three major stock indexes have plunged.