Larry Ellison in Pictures: It's Good to Be The Ki...
OK, so he's worth $28 billion. So what does Ellison's "portfolio" look like? A sampling: Annual salary from Oracle: $4.59 million. He owns more than 20 percent of Oracle, and his shares have increased 70 percent in value during the past year. The ultimate "have my cake and eat it, too" holding: Ellison owns a 52 percent stake in SaaS ERP vendor NetSuite—a rising business apps competitor—and those shares are worth $480 million. Larry does have to be careful with his personal finances, though: E-mails from Ellison's nervous accountant, revealed in 2006, show that Larry's not afraid of "runaway" spending. "I'm worried, Larry," the accountant wrote to him, in a 2002 e-mail. "I think it's imperative that we start to budget and plan." Larry on a budget?!
Larry Ellison in Pictures: It's Good to Be The King