Like Avis, Ellison Tries Harder to be Number 2

Being the second-wealthiest man in America is a real feat. Consider the odds and you're left with a percentage that would probably shock even the most die-hard gamblers in Las Vegas.

Holder of this title is Larry Ellison, CEO of Oracle, who is worth an estimated $40 billion. Oracle bet the farm and won respect by harping on how important databases were in the cyberspace and computer continuum. Today, the company is the backbone of the e-Commerce revolution, helping provide valuable information to help companies sell products to their current and potential audiences.

Forty billion dollars may seem like a tremendous amount of money to most of us, but Ellison is not content to just be number two. He's out for the top position - the one that belongs to Bill Gates of Microsoft.

This and other observations can be found in the cover story of this month's Fortune magazine, in a unique profile.


Already a member? log in here.

Editor's Choice

Upcoming CPE Webinars

Nov 24This webcast presents basic principles of revenue recognition, including new ASU 2014-09 for the contract method. Also, CPAs in industries who want a refresher on revenue accounting standards will benefit.
Dec 3The materials discuss the concepts and principles in the AICPA’s new special purpose framework.
Dec 9A key component to improving your firm’s workflow efficiency while enhancing your profitability at the same time is how you leverage emerging technologies.
Dec 9Kristen Rampe will cover how to diffuse the tension in challenging situations in this one-hour webinar.