Lawrence J. Ellison

Larry Ellison "has been CEO of Oracle Corporation since he founded the company in 1977. Mr. Ellison has received numerous honors and awards, including Entrepreneur of the Year from the Harvard School of Business. Mr. Ellison sits on the board of the Dian Fossey Gorilla Fund."

"...He enrolled at the University of Chicago the following fall, but dropped out after the first semester. his father was now convinced he would never make anything of himself, but Ellison had learned the rudiments of computer programming in Chicago and took this skill with him to Berkeley, California, arriving with just enough money for fast food and a few tanks of gas.

"For the next eight years he bounced from job to job, working as a technician for Fireman's Fund, Wells Fargo bank and began working as a programmer with large databases at Ampex. At Ampex he built a large database for the CIA, code name: Oracle.

"In 1977, Ellison and his former supervisor from Ampex, Robert Miner, founded Software Development Labs. They supported themselves by consulting for an assortment of corporate clients, when Ellison read a paper called "A Relational Model of Data for Large Shared Data Banks" by E. F Codd, describing a concept Codd had developed at IBM. IBM had seen no commercial potential in the concept of a Structured Query Language (SQL), but Ellison and his partner did. They created a database program compatible with both mainframe and desktop computer systems, renamed their company Oracle, and found their first customers for the database program, Wright Patterson Air Force Base and the CIA. In 1980, Oracle had only eight employees, and revenues were less than $1 million, but the following year, IBM itself adopted Oracle's SQL for its mainframe systems and for the next seven years, Oracle's sales doubled every year. The million dollar company was becoming a billion dollar company."

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