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Larry Ellison is co-founder of Oracle Corporation and was CEO from its founding until September 2014. He is the executive chairman and chief technology officer of Oracle. As of February 2017, he was listed by Forbes magazine as the fifth-wealthiest person in America and as the seventh-wealthiest in the world, with a fortune of $55 billion. Ellison was born in New York City but grew up in Chicago. He studied at the University of Illinois at Urbana–Champaign and the University of Chicago without graduating before moving to California in 1966. While working at Ampex in the early 1970s, he became influenced by Edgar F. Codd's research on relational database design, which led in 1977 to the formation of what became Oracle. Oracle became a successful database vendor to mid- and low-range systems, competing with Sybase and Microsoft SQL Server, which led to Ellison being listed by Forbes as one of the richest men in the world

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In this March 22, 2011 photo, the exterior of Oracle headquarters is shown in Redwood City, Calif. Oracle Corp. is scheduled to report its fiscal third quarter results Thursday, March 24, after the market close.(AP Photo/Paul Sakuma)

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FILE - In this Nov. 8, 2010 file photo, Oracle CEO Larry Ellison arrives at the Federal Building in Oakland, Calif., to testify in Oracle's trial against archrival SAP. A federal jury on Tuesday, Nov. 23, 2010, ordered SAP AG to pay $1.3 billion to Oracle Corp., for stealing customer support documents and software in a scheme to siphon off customers. (AP Photo/Paul Sakuma, File)

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FILE - In this Sept, 24, 2008 file photo, Oracle CEO Larry Ellison, right, and (then) Hewlett Packard CEO Mark Hurd, on screen, smile during the Oracle Open World conference in San Francisco. As co-president at Oracle Corp., ousted Hewlett-Packard Co. CEO Mark Hurd will have to adapt to a new role playing second fiddle to one of Silicon Valley's most domineering bosses _ Larry Ellison. (AP Photo/Paul Sakuma, file)

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FILE - In this March 6, 2008 photo, (then) Hewlett Packard Company CEO Mark Hurd speaks at HP headquarters in Palo Alto, Calif. Oracle Corp. plans to pay newly appointed co-President Mark Hurd a base salary of $950,000 annually and said Wednesday, Sept. 8, 2010, the ousted Hewlett-Packard Co. CEO is eligible for a target bonus of $5 million in the current fiscal year. (AP Photo/Paul Sakuma, file)