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13-Dec-2014 18:40

It went public in 1986, when its annual revenue was million.That figure is well below Ellison's annual compensation these days, but then, Oracle has turned into a -billion-annual-revenue behemoth.Ellison owes the bulk of his wealth to his years leading the company he co-founded as Software Development Laboratories in 1977.After a brief stint as Relational Software, the company was renamed Oracle in 1982.

His interests extend beyond Oracle, with hobbies famously including America's Cup yacht racing and flying (he owns a decommissioned Russian Mig-29).He owns a majority share of Net Suite and has stakes in Salesforce.com, Quark Biotechnology, and Astex Pharmaceuticals.



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