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6 Best Tech CEO's Ever Produced
By siliconindia
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Tuesday, 04 October 2011, 23:28 IST
6. Larry Ellison
Larry Ellison co-founded enterprise software company Oracle in 1977 and built the company in the face of heavy competitive pressure.
IBM was the database industry leader, but it stuttered in entering the mid-range market, opening the door for Oracle, Informix and Sybase. After a lengthy battle between the three companies, Oracle came out on top after Sybase tailed off and IBM absorbed Informix in 2000.
The Oracle grew revenue 15 percent from $23.3 billion in 2009 to $26.8 billion in 2010 in its fiscal year ended on May 31. As of 2011, Ellison is the world?s fifth richest person with a personal wealth of $39.5 billion.
