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BUSINESS
March 24, 1998 | John O'Dell
Ellison Co., maker of the hand-operated die-cutting machine that hobbyists and educators have used for more than 20 years, has moved its corporate headquarters and manufacturing plant to Lake Forest. The 132,000-square-foot facility has double the space Ellison left behind in Irvine. The company, which as 110 employees, said the extra room will be used to increase production as demand for its products grows.
BUSINESS
May 17, 2013 | By Lauren Beale
Billionaire Larry Ellison has hired UC San Diego energy expert Byron Washom to help fulfill his vision of sustainable energy for the Hawaiian island of Lanai, according to the Honolulu Star-Advertiser. Washom became the school's first director of strategic energy initiatives in 2008 in an effort to turn the 1,200-acre campus into a "living laboratory" of sustainability. On Lanai, he will work to maximize renewable energy efforts using a microgrid similar to one he manages at UC San Diego as well as produce more fresh water through desalination.
BUSINESS
January 13, 2004 | Joseph Menn, Times Staff Writer
Oracle Corp. on Monday elevated its chief financial officer to the position of chairman of the board, assuming that job from Chief Executive Larry Ellison and muting criticism that the database software company is too dependent on one man. Jeff Henley, whose departure had been rumored for years, will yield the top finance spot once a replacement is found, Oracle said in a statement. The Redwood City, Calif.
BUSINESS
September 16, 2013 | By Ricardo Lopez
Five years after the financial crisis, the mega-rich have regained all the wealth they lost during the recession, setting a new record value for combined net worth, according to Forbes' 400 richest Americans list released Monday . The annual report showed that America's wealthiest have a combined net worth of $2.02 trillion, the highest value ever recorded by Forbes. That's up from $1.7 trillion a year ago.  Microsoft Corp. co-founder Bill Gates took the top spot for the 20th year in a row. His net worth is $72 billion, up from $66 billion a year ago.  Top 10 richest people ever led by 14th century African king Warren Buffet, chief executive of Berkshire Hathaway Inc., came in second place with a net worth of $58.5 billion, up from $46 billion a year earlier.  The Forbes report said that the wealthy have been boosted by the rising stock market and real estate, which have recovered strongly since the economic downturn.  The top 10 included Larry Ellison, co-founder of Oracle Corp.
SPORTS
December 23, 2009 | Bill Dwyre
For the last several years, officials at the Indian Wells tennis tournament, now the BNP Paribas Open, played the role of gracious hosts to software billionaire Larry Ellison, co-founder and chief executive of Oracle. This March, when the high-profile event takes place, Ellison will be doing the hosting. That's because he has purchased the event. The tournament, as close as you can get to Grand Slam status without the actual designation, has been principally owned and operated for its 35 years in the desert by Charlie Pasarell and Ray Moore, former tennis pros whose company is PM Sports Management.
BUSINESS
June 28, 2006 | From the Associated Press
Oracle Corp. Chief Executive Larry Ellison has decided not to give Harvard University a planned gift of $115 million, a company spokesman said Tuesday. Ellison canceled the gift because Lawrence H. Summers stepped down as Harvard's president this month after a stormy tenure at the university, Oracle spokesman Bob Wynne said. Summers announced his resignation in February, after being embroiled in controversy throughout 2005.
ENTERTAINMENT
July 1, 2013 | By David Ng
It's widely known that Larry Ellison, the co-founder and chief executive officer of Oracle, loves fast yachts, fast airplanes and expensive Malibu real estate. The billionaire has also made no secret of his love of Japanese culture, and has amassed an impressive collection of priceless Japanese art spanning thousands of years. Ellison is giving the public its first taste of his Japanese art collection in an exhibition that opened over the weekend at the Asian Art Museum in San Francisco.
BUSINESS
September 19, 2012 | By Tiffany Hsu
Bill Gates has been the richest person in the country for an entire generation, cinching the top spot on Forbes' list of the 400 wealthiest Americans for the 19th consecutive year. That's what a net worth of $66 billion will do for a guy. Last year, he had $59 billion. Berkshire Hathaway Inc. head Warren Buffett, again in second place, trailed with $46 billion. The slacker. Larry Ellison, co-founder of Oracle Corp., was next with $41 billion. The rest of the top 10  was populated with the likes of the Koch brothers, the Wal-Mart Waltons and New York Mayor Michael Bloomberg.
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