LARRY ELLISON • Net Worth $102 billion • House • Yacht • Private Jet • Oracle

Name:Larry Ellison
Net Worth:$102 billion
Source of Wealth:Oracle
Born:August 17, 1944
Wife:Melanie Craft (ex)
Children:Megan Ellison and David Ellison
Residence:Woodside, San Fransisco, CA, USA
IslandLanai, Hawai
Private Jet:Gulfstream G650 (N817GS)

Who is Larry Ellison?

Larry Ellison is an American billionaire. He is co-founder and chairman of Oracle Corporation, one of the world’s largest enterprise software companies. He was born in August 1944. He was married to Melanie Craft. He has 2 children.

Oracle Founder

Ellison holds a 22.5% stake in OracleWhich makes him one of the richest people in the world. He has an estimated net worth of US$ 77 billion. During the 1970’s he worked on a database for Ampex Corporation.

This inspired him to found the ‘Software Development Laboratories’ in 1977. SDL was later renamed Oracle after its successful product: the Oracle database.

In 2014 Oracle Corporation has more than 130.000 employees. It was realizing sales of USD 38 billion. And a net profit of USD 10 billion. Ellison also owns shares in, and Leapfrog Enterprises.

Ellison Yachts

Ellison has owned several superyachts: the 58-meter Lurssen yacht Ronin. The 75 meter Blohm and Voss yacht Katana (now ZEUS) and the 138-meter Lurssen yacht Rising Sun. And now the 88 meter Feadship Musashi. All his yachts have a Japanese-themed name.

Oracle Sailboat

Ellison is a backer of the Oracle Team USA. Oracle Team USA is a yacht racing syndicate formed to compete for America’s Cup. The Oracle Sailboat is a wing sail catamaran.

It unsuccessfully defended the 2017 America’s Cup. Oracle Team USA did not issue a challenge within the deadline for the 36th America’s Cup. Thus ending Oracle’s fifteen-year presence in the Cup races.

Larry Ellison Net Worth

Ellison is an active philanthropist. He has been donating hundreds of millions to medical research and education. He also signed the Giving Pledge. His net worth is estimated at $102 billion.

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Larry Ellison

Larry Ellison

Larry Ellison yacht

Which Yachts Does/Did Lawrence Ellison Own?

He has owned several superyachts:

* the 58 meter Lurssen yacht Ronin designed by Norman Foster,

* the 75 meter Blohm and Voss yacht Katana (now named  Zeus),

* the 138 meter Lurssen yacht Rising Sun (which is now owned by David Geffen)

* the 88 meter Feadship motor yacht Musashi. This is his current yacht.

Musashi Yacht

Musashi was built by Feadship and was delivered in 2011. The yacht is designed by De Voogt Yacht Design. She has a length of 88 meters (287ft). She is a sistership to Fountainhead, which is owned by Eddie Lampert.

Musashi is powered by 4 MTU diesel engines. Which bring her a top speed of 21 knots. She has a cruise speed of 18 knots. Her range is 6,000nm. She has a steel hull and aluminum superstructure.

Her interior is designed by Sinot Yacht Design. The superyacht can accommodate 18 guests and a crew of 24.

Rising Sun Yacht

Rising Sun is a 138 meter (454ft) yacht built in 2004 at Lurssen. She has a displacement of 7,841t, which makes her one of the larger yacht around.

She is powered by 4 MTU diesel engines. Which bring her a top speed of 28 knots. Her cruise speed is 26 knots.  She can accomodate 16 guests and a crew of 45.

Ellison actually sold Rising Sun, as he considered her too large. She is unable to access interesting yachting destinations. He replaced her with the ‘smaller’ 88 meter Mushashi. The yacht is used as support vessel at the america cup.

Katana Yacht

The yacht Katana was built by Blohm Voss as Eco for the Mexican media billionaire Emillio Azcarraga. He was founder of Televisa.

Azcarrage died in 1997. He actually died on board his luxury yacht near Miami. His family sold the yacht after a few years.

The yacht is powered by 2 Deutz diesel engines and one General Electric gas turbine. The combined power is 28,497hp. These bring her a top speed of 35 knots. Her cruise speed is 19 knots. She has a range of 3,500nm.

The luxury yacht can accomodate 14 guests and a crew of 19. The yacht has a steel hull and a composite superstructure. Her interior is designed by Francis design.

Izanami Yacht (now Ronin)

The yacht Izanami was built in 1993 at Lurssen yacht. Her comisisoning owner was based in Japand. He sold her to Ellison in 1999.

The 58 meter (192ft) yacht is powered by 2 MTU 16V595 engines, with a total of 12,000hp. These bring her to a top speed of 30 knots. Her cruise speed is 18 knots. She has an aluminum hull and superstructure.

The yacht is designed by Foster and Partners. Ronin can accomodate 10 guests and has a crew of 14. Her gross tonage is 626t.

Ellison in his turn sold Ronin to Venezualan banker Victor Vargas. He is owner of the Banco Occidental de Descuento. In 2013 Ronin underwent a refit at Lurssen Yachts.

She was later listed for sale, asking US$ 16 million. We think she was not sold and is now delisted.

Perini Navi Sailing Yacht

According to Italian media,  Ellison signed a $ 55 million contract in 2017, to build a large sailing yacht at Perini Navi. The yacht was supposed to be delivered in 2021. But since Perini was declared bankrupt, it is unclear if this yacht will be finished. Perini’s shareholder Eduardo Tabbachi guaranteed Ellison’s downpayment.

In 2016 Tabbachi sold his optician chain Salmoiraghi & Viganò to Luxxotica.

Tabbachi is the former owner of the motor yacht Blue Eyes (now: BEOL). The yacht’s name was a reference to his optician business.

Larry Ellison House

yacht Musashi

He is owner of the Feadship yacht Musashi. He has owned several other yachts, including the very large Rising Sun. He sold her to David Geffen.