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Lawrence Ellison

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BUSINESS
March 12, 2009 | Tom Petruno
The meltdown of global financial markets slashed the ranks of the world's billionaires by 30% in 2008, Forbes magazine reports in its annual tally of the planet's richest people. "The world has become a wealth wasteland," Forbes declares in the billionaire report on its website. "Like the rest of us, the richest people in the world have endured a financial disaster over the past year." Microsoft Corp. founder Bill Gates' net worth dived to $40 billion from $58 billion a year earlier.
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BUSINESS
March 12, 2009 | Tom Petruno
The meltdown of global financial markets slashed the ranks of the world's billionaires by 30% in 2008, Forbes magazine reports in its annual tally of the planet's richest people. "The world has become a wealth wasteland," Forbes declares in the billionaire report on its website. "Like the rest of us, the richest people in the world have endured a financial disaster over the past year." Microsoft Corp. founder Bill Gates' net worth dived to $40 billion from $58 billion a year earlier.
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BUSINESS
March 1, 1999 | LESLIE HELM, TIMES STAFF WRITER
Lawrence Ellison, the billionaire chief executive of database software giant Oracle Corp., loves a challenge. He drives fast cars, pilots his own plane and recently sailed his yacht, the Sayonara, to victory in a storm-tossed race off the coast of Australia in which six sailors lost their lives.
BUSINESS
March 1, 1999 | LESLIE HELM, TIMES STAFF WRITER
Lawrence Ellison, the billionaire chief executive of database software giant Oracle Corp., loves a challenge. He drives fast cars, pilots his own plane and recently sailed his yacht, the Sayonara, to victory in a storm-tossed race off the coast of Australia in which six sailors lost their lives.
CALIFORNIA | LOCAL
January 22, 2012 | By Martha Groves, Los Angeles Times
For nearly half a century, the UCLA Hannah Carter Japanese Garden in Bel-Air has served as a serene stopover for visitors from locations as varied as Newhall, Nashville and the Netherlands. But the decision by UCLA to sell the steep hillside property and an adjoining house to raise money for endowments and professorships has the garden world in an un-Zen-like uproar. The Garden Conservancy, an organization based in New York and San Francisco, has lambasted the university's transfer to the Fowler Museum of a five-tiered stone pagoda and other garden objects and has urged the public to contact UCLA Chancellor Gene Block.
BUSINESS
June 12, 2000
Friday's Top Gainers *--* Chief executive Company Friday's change Lawrence J. Ellison Oracle +$207,055,589 Charles B. Wang Computer Assoc Intl +92,228,035 Scott G. McNealy Sun Microsystems +67,897,638 George Perlegos Atmel +44,698,608 Robert Glaser RealNetworks +38,557,020 Chief executive Total value Lawrence J. Ellison $54,787,294,603 Charles B. Wang 1,280,341,654 Scott G.
BUSINESS
July 25, 1997 | Bloomberg News
NextEra Enterprises, an investment group backed by financier Michael Milken and Redwood Shores-based Oracle Corp.'s Lawrence Ellison, said it will acquire Symmetrix Inc. as the first step in creating a consulting firm with $1 billion in revenue. NextEra groups an unspecified number of investors along with the Oracle chief executive and the former junk bond financier.
BUSINESS
May 16, 1995 | Times Staff and Wire Reports
Oracle Chairman Resigns: James A. Abrahamson will relinquish his post June 1. He will be replaced by company co-founder and Chief Executive Lawrence J. Ellison. Abrahamson, who remains on Oracle Corp.'s board, will join the Washington branch of Galway Partners, an investment and merchant bank, where he will pursue aerospace start-ups. A retired lieutenant general in the Air Force, Abrahamson came to Oracle in September, 1993.
BUSINESS
September 16, 1992 | From Times Staff and Wire Reports
New Chairman of Oracle Named: James Abrahamson, a retired Air Force general who once headed the Strategic Defense Initiative program, will leave his position as an executive vice president of Hughes Aircraft Co. to become chairman of Oracle Corp., a Redwood City computer software company. Abrahamson, 59, will assume the job as part of an unusual reshuffling in which company founder Lawrence J. Ellison will relinquish the chairman's post but remain as president and chief executive.
BUSINESS
July 28, 1997 | Bloomberg News
SuperGen Inc. said Oracle Corp. founder and Chairman Lawrence J. Ellison completed his purchase of a $15.3-million stake in the firm, which is developing anti-cancer drugs. In April, San Ramon, Calif.-based SuperGen said it agreed to sell a 9% stake to Ellison for $15 million, or $9 a share. SuperGen also is developing drugs to treat blood disorders and diabetes. Redwood Shores, Calif.-based Oracle is the world's largest maker of database software.
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