Larry Ellison is co-founder of Oracle Corporation and was CEO from its founding until September 2014. He is the executive chairman and chief technology officer of Oracle. As of February 2017, he was listed by Forbes magazine as the fifth-wealthiest person in America and as the seventh-wealthiest in the world, with a fortune of $55 billion. Ellison was born in New York City but grew up in Chicago. He studied at the University of Illinois at Urbana–Champaign and the University of Chicago without graduating before moving to California in 1966. While working at Ampex in the early 1970s, he became influenced by Edgar F. Codd's research on relational database design, which led in 1977 to the formation of what became Oracle. Oracle became a successful database vendor to mid- and low-range systems, competing with Sybase and Microsoft SQL Server, which led to Ellison being listed by Forbes as one of the richest men in the world
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