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.
Larry Ellison News
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“Steve Jobs and Willy Wonka to me were just like these brilliant people who had these magical factories where every six months they’d come out with this huge show,” David Karp told me a few years ago. “I thought that was like the coolest thing ever. That’s what I wanted to do.”
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When Gregory Glinsey was fatally shot while buying ice for his mother’s 80th birthday party, the emotional toll on his family was incalculable. The immediate price to the public was $800 for his autopsy.
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Structural reviews of competing America’s Cup catamarans, a lower wind limit and improved safety equipment for sailors are being recommended to prevent a repeat of a training accident that killed an Olympic yachtsman.
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If you’re a normal person, you probably don’t spend much time contemplating household hardware: how a hinge holds a door in place, how a knob feels in the hand. Rhett Butler -- possessor of the world’s largest collection of fine architectural fittings -- isn’t a normal person.
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The owner of the Italian sailing team Luna Rossa said safety needs to be improved at the America’s Cup races following the training death of Olympic yachtsman Andrew Simpson.
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The committee reviewing the death of Olympic yachtsman Andrew Simpson during America’s Cup training recommended that teams suspend sailing until the middle of next week.
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The America’s Cup yachting races will proceed as scheduled while officials await findings from a committee reviewing last week’s death of British sailor Andrew Simpson during Swedish team training on San Francisco Bay.
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Organizers of the America’s Cup will work with the U.S. Coast Guard to investigate the accident that killed two-time Olympic sailing medalist Andrew Simpson during the Swedish team Artemis Racing’s practice on San Francisco Bay.
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The chief executive officers of software developer Oracle Corp. and watchmaker Fossil Inc. both work for a salary of a dollar or less a year. The only difference: $96.2 million.
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Five of the ten best-paid finance chiefs last year work in the technology industry, as executives at companies from Apple Inc. to Google Inc. were rewarded for increasing profit, amassing cash and minimizing taxes.
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