What you don't know about Larry Ellison, the latest contestant at the top of the rich of the world

Larry Ellison became the richest person in the world for a short time after his Fortune jumped to $ 393 billion on Wednesday morning, New York, 101 billion to $ 393 billion. The leap came in the 81-year-old wealth of Ellison axis due to the rise of ‘Oracle’, the company he participated in the foundation and currently holds the positions of the chairman and the chief technology officer, after announcing the quarterly results that exceeded the expectations of analysts. The software developer has seen the largest increase in his shares since 1992, and has achieved the largest increase in the market value during one trade session in history. According to the Bloomberg index of billionaires, Elson’s wealth is currently $ 383 billion, to second place in the richest people in the world. A difficult start of a brilliant march, Lawrence-Larry-Ellison on August 17, 1944 in the Bronx region of New York, was born with pneumonia at just 9 months, who asked his mother to send him to Chicago to adopt her family members there. Also read: The market value of “Oracle” surpasses “JP Morgan” thanks to the Cloud Services, Ellison left the study at the University of Illinois after the death of his mother with adoption, and then he returned to study, but at the University of Chicago, but he also left it to one semester. Ellison moved to Berkeley, California in 1966, where he moved between work in various companies, including ‘Wales Vargo’ and the most important computers ‘Amdahl’. He also worked on the programming at Ambex, and there he participated in the development of a database for the CIA (CIA), called the symbolic name “Oracle”. Larry Ellson and “Oracle” founded Ellison in 1977 in partnership with Bob Mainer and Ed Ots, and in 1979 the company changed its name to “Rilachen Software”, then “Oracle” in 1982. The company’s shares were launched on March 12, 1986. Oracle Management and a senior technological official. Evangelism in spending informed one of the accountants, in ‘Ne -mail in 2002, Ellison, the need to “define a budget and set up a plan for spending” because it is difficult to continue its spending. Also read: Larry Ellison Jazzam Elon Musk for the title of the richest person in the world. Elson has a wonderful group of Richard Mille, whose $ 100,000 prices begin, and in some cases can be one million dollars. He also bought the tennis championships “Indian Wales” in 2009 for $ 100 million as a rumor. The passionate billionaire also participated in the Yacht race in funding the “BMW Oracle Racing” team, which won the US cup in 2010. His team “Oracle Tim USA” managed to defend the US Cup title in October 2013 after beating the New Zealand team. Ellison bought 98% of Lanai -Island in Hawaii in 2012, where he lives permanently, for $ 300 million. The billionaire has spent hundreds of millions of dollars on the past decade on the purchase of luxury real estate, including in Malibu and Rancho Mirag, California, and the Pachyod Palace in Neborat, Road Island, as well as a property in the San Francisco Bay area, inspired by the Japanese feudal architecture in the sixteenth century. Charity donations, but there is another aspect of spending the chairman of the board of directors of “Oracle”, thus the “Forbes” list with charities provided by the richest 400 Americans in 2004, indicated that Ellison had donated $ 151 million, about 1% of his personal wealth. He also announced in 2010 that he has joined the “Giving Pleadge” initiative, and promises to donate 95% of his wealth before his death. Ellison modified his support for the initiative in mid -July, and announced this in a post on the “x” platform (formerly twitter), in which he expressed his continuous belief in the importance of practicing charitable works by providing donations to ngos that seaside public, adding that there is another way. Through which more time and resources can be invested to give to the world in which we live, and that his family established a new technology institute in partnership with the University of Oxford called the Ellison Technology Institute. According to Die Post, the humanitarian goals of the Institute contain a radical change in healthcare by developing and distributing a new generation of life -saving medicine, to combat hunger in the world by designing the highest productive crops, to delay climate change by developing effective systems to achieve and store clean energy.