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.
Voice of the Editor
Which isn’t completely true. I mean, occasionally I drop by when I manage to sneak out of the nonstop frat party over at Going Concern, but I’m mostly a wallflower over there. I’m happy to say that I’ve been given express permission (or explicit orders, if you like) to wander over here to AccountingWEB more often.
Why is that, you might ask? My job is to replace the irreplaceable Gail Perry as Editor-in-Chief. What does that mean? I don’t really know! I think it’ll be fun getting a feel for things, throwing in my own thoughts here and there, and listening to the discussions you’re having about the accounting profession.