The bulk of Ellison's fortune comes from his 23.5 percent stake in Oracle, the world's largest database company. He also owns a 49 percent stake in NetSuite, as well as an interest in educational software maker LeapFrog Enterprises. He has an estimated $4 billion in cash and other assets, including numerous real estate properties.
Oracle Corp. posted fiscal fourth- quarter profit and sales that missed analysts’ estimates amid efforts to remake itself into a cloud-computing provider and catch up to Salesforce.com Inc. and other rivals.
Oracle Corp. came close to acquiring Micros Systems Inc., a maker of software for stores and restaurants, six years ago. Micros Chief Executive Officer Tom Giannopoulos flew from Maryland to California to sign a deal, only to have the transaction fall through at the last minute, according to a person with knowledge of the matter.