Larry Ellison Net Worth (Updated 2024)

What is Larry Ellison’s Net Worth?

Larry Ellison’s net worth is estimated to be around $153.4 billion, depending on the source and the fluctuations in Oracle’s stock price,

His wealth primarily stems from his substantial ownership stake in Oracle, where he owns approximately 42% of the company. Moreover, Ellison holds a significant stake in Tesla, which has also contributed to his net worth.

Ellison’s net worth has seen considerable changes over the years due to the performance of Oracle’s stock and his other investments. For instance, in 2023, his net worth was reported to be $107 billion, but it increased significantly due to a surge in Oracle’s stock price driven by the artificial intelligence boom.

However, it also experienced a notable drop when Oracle’s stock faced downturns, such as a $20 billion decrease in September 2023 and a $16 billion drop in December 2023.

Here’s the breakdown of Larry Ellison’s net worth:


Larry Ellison

Net Worth:

$153.4 Billion


$75 Million

Date of Birth:

Aug 17, 1944


Entrepreneur, Businessperson, Investor

If you’re curious about how we estimate a celebrity’s net worth, you can check out our methodology here.

Larry Ellison

Salary and Compensation

Larry Ellison’s salary and compensation package have varied significantly over the years. For the fiscal year 2023, his total compensation was reported to be $7.3 million, which included a nominal $1 salary, a $4.2 million cash bonus, and approximately $3.1 million in other compensation. This was a significant decrease from his 2022 compensation, which was around $138.7 million, largely due to option awards.

Historically, Ellison has often received a base salary of $1, with the bulk of his compensation coming from bonuses and stock options. For example, in 2022, his compensation included $129 million in option awards.

Despite his nominal salary, Ellison’s total earnings have frequently placed him among the highest-paid executives in the world.

Tesla Investment

Larry Ellison’s investment in Tesla has been a significant contributor to his net worth. Ellison disclosed his $1 billion investment in Tesla in late 2018, purchasing 3 million shares before joining Tesla’s board of directors in December 2018.

Following a 5-1 stock split in August 2020, his holdings increased to 15 million shares. Ellison’s Tesla stake has seen substantial growth. By early 2024, his 1.5% stake in Tesla was valued at approximately $15 billion. This investment has been highly volatile, with significant gains and losses over the years. For example, in 2021, Ellison’s Tesla stake was worth close to $19 billion when the stock peaked at $1,243 per share. However, in 2019, the value of his Tesla investment dropped to about $580 million due to a 42% decline in Tesla’s stock price.

Ellison’s close relationship with Elon Musk has been a notable aspect of his involvement with Tesla. He has publicly expressed his confidence in Musk’s leadership and the potential of Tesla, often highlighting Musk’s achievements with SpaceX as well. Despite stepping down from Tesla’s board in August 2022, Ellison continues to hold his significant stake in the company.

Homes and Real Estate

Larry Ellison’s net worth is heavily invested in an extensive real estate portfolio spanning multiple countries and continents. Here are some of his most notable properties:

Lanai, Hawaii

Ellison’s crown jewel is the Hawaiian island of Lanai, which he purchased for $300 million in 2012, acquiring 98% ownership.

On Lanai, he owns the ultra-luxury Sensei Retreat spa, a solar-powered hydroponic greenhouse, and a Nobu restaurant branch. He has invested heavily in transforming Lanai into a sustainable and wellness-focused community.

Woodside, California

Ellison owns a 23-acre estate in Woodside, modeled after a 16th-century Japanese imperial palace, which reportedly cost $200 million to renovate. The estate features a man-made 19-acre lake and a full-size tennis court.

Malibu, California

Ellison owns up to 24 properties in Malibu, including around 10 homes on the famous “Billionaire’s Beach” (Carbon Beach), with an estimated total spending of $200-$250 million. Notable Malibu properties include the Malibu Racquet Club ($6.9 million) and the former home of producer Joel Silver ($38 million).

Newport, Rhode Island

Ellison owns multiple properties in Newport, with the Beechwood Mansion on Bellevue Avenue being his prized asset, purchased for $10.5 million in 2010 and converted into an art museum at a cost of over $100 million.

Lake Tahoe, Nevada/California

Ellison has owned and sold several mansions in the Lake Tahoe area, spending around $102 million on multiple homes in Incline Village. In 2018, he purchased the famous Cal Neva Lodge in Tahoe for $35.8 million to save it from bankruptcy.

Palm Beach, Florida

In 2021, Ellison paid $80 million for an oceanfront estate in North Palm Beach. In 2022, he set a Florida record by purchasing a $173 million ocean-to-lake estate in Manalapan from fellow billionaire Jim Clark.

Other notable properties include a 10,000-square-foot mansion in San Francisco’s Pacific Heights, a golf course and estate in Rancho Mirage, California (Porcupine Creek), and homes in Kyoto, Japan.

Other Luxury Assets

In addition to his vast real estate holdings, Larry Ellison’s net worth is reflected in other luxury assets and investments:

  • Yachts: Ellison has spent over $194 million on new yachts in just three years, including the 58-meter Ronin, the 75-meter Katana (now called Zeus), and the 138-meter Rising Sun (which he later sold to David Geffen for $590 million).
  • Private Jets: Ellison owns a $75 million Gulfstream G650 private jet, a Bombardier Global Express jet, and a Cessna 525 Citation.
  • Luxury Cars: His car collection includes an Audi R8 ($142,000), a Lexus LFA ($400,000), a McLaren F1, and an Acura NSX ($100,000).
  • Sports and Entertainment: Ellison owns the Indian Wells Tennis Garden and the BNP Paribas Open tennis tournament, which he purchased for $100 million in 2009. He has financed America’s Cup sailing teams, including Oracle Team USA.


Larry Ellison has been an active philanthropist, contributing significant amounts to various causes over the years. His philanthropic efforts are diverse, ranging from medical research to education and disaster relief.

In 2016, Ellison donated $200 million to the University of Southern California to establish the Lawrence J. Ellison Institute for Transformative Medicine. This institute focuses on innovative cancer research and treatment, bringing together experts from various fields such as physics, biology, and engineering to combat cancer.

Following a personal injury, Ellison donated $5 million to seed the Lawrence J. Ellison Musculo-Skeletal Research Center at UC Davis. He also funded the Lawrence J. Ellison Ambulatory Care Center, which opened in 1998.

Ellison has made multiple donations to the organization Friends of the Israel Defense Forces, including $10 million in 2014 and $16.6 million in 2017, to support the construction of well-being facilities for co-ed conscripts.

In 2010, Ellison joined The Giving Pledge, a commitment by the world’s wealthiest individuals to give away the majority of their wealth to philanthropic causes. Despite this pledge, there have been questions about whether he has met this commitment, given the scale of his wealth and the public disclosures of his donations.

Personal Life

Larry Ellison has been married and divorced four times and has two children, David and Megan Ellison, both of whom are involved in the film industry.

Ellison married Adda Quinn in 1967, but the marriage ended in divorce in 1974. He married Nancy Wheeler Jenkins in 1977, but this marriage also lasted only a year.

In 1983, Ellison married Barbara Boothe, a former receptionist at Relational Software Inc. They had two children, David and Megan, before divorcing in 1986. Ellison’s fourth marriage was to Melanie Craft, a romance novelist, in 2003. The couple divorced in 2010.

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