It is reported that Larry Ellison, the world's fourth richest person and founder of Oracle, has recently started his fifth marriage. The new wife of this 80 year old tech billionaire was born in 1991 and is only 33 years old.
Previously, Champions Circle, the sponsor of the University of Michigan football team, announced that they had found the top ranked star quarterback in the United States, and subsequently released a statement expressing gratitude to Ellison.
In the statement, Champion Circle President Nate Forbes wrote, "I would like to personally thank Larry and his wife Jolin for their valuable guidance and financial resources in achieving Champion Circle's goals
Champion Circle's thank-you statement
Larry and Jolin never officially announced their marriage until Champions Circle's statement exposed the news. According to media investigations, Jolin mentioned in the statement is a 33 year old young man, also known as Keren Zhu. From the photos that have been exposed in the media, Jolin may be of Chinese descent.
Note: A photo of the two individuals posted on Yahoo
She is an alumnus of the University of Michigan and was awarded a Bachelor's degree in International Studies in 2012. According to reports, there is a connection between her and Ellison's business investment project. Records show that there is a property under Octopus Holdings, owned by Ellison, in which Keren Zhu's name appears.
Besides, Jolin has almost no significant traces to trace on the internet.
Previously, Ellison had been married four times.
Ellison had his first marriage from 1967 to 1974, and then remarried in 1977, only divorcing a year later. In 1983, he married Barbara Boothe, a former receptionist at the company, and divorced in 1986. In 2003, Ellison married novelist Melanie Craft and divorced seven years later.
Larry Ellison himself
Ellison is the founder of Oracle. He served as CEO of Oracle from 1977 to 2014 and currently serves as CTO and Executive Chairman.
According to the Bloomberg Billionaires Index, he is currently the fourth richest person in the world with a net worth of $198 billion. Ellison is still a major investor in Tesla and Salesforce, and reportedly even holds a seat on Apple's board of directors.
Bloomberg Billionaires Index, updated on December 12th
Ellison's full name is Lawrence Joseph Ellison. He was born in 1944 into a single parent family in New York, USA. He briefly spent a period of college life before dropping out due to the death of his foster mother.
In 1966, at the age of 22, Ellison moved to Berkeley, California - near what later became Silicon Valley - and moved between job after job, including at companies such as Wells Fargo and Amdahl, where he learned computer and programming skills.
In 1977, inspired by IBM computer scientist Edgar F. Codd's theory of relational databases, Ellison and his partners founded the company Software Development Laboratories. In 1979, the company was renamed Relational Software, and in 1982, it was officially renamed Oracle Systems Corp. after its flagship product.
In 1986, Oracle conducted its initial public offering at a price of $15 per share, raising $55 million. Afterwards, the company rapidly developed and expanded, and Ellison became a billionaire at the age of 49.
In 2023, Oracle invested in Cohere, a competitor of OpenAI, to develop generative AI based on its technology and provide customers with professional large-scale language model training services. According to Fortune, due to the generative AI gold rush, Oracle's stock price has been steadily rising, and Ellison's personal wealth is also increasing.
Commercial success made Ellison addicted to expensive hobbies such as watches, yachts, and real estate.
Ellison has a huge collection of Richard Miller watches, with prices ranging from six figures to millions of dollars per piece. He is also passionate about yacht racing and has sponsored the BMW Oracle Rowing Team. He acquired the Indian Wells Tennis Championships for $100 million in 2009. In addition, Ellison has billions of dollars in real estate investments and owns properties in Newport, Rhode Island, Palm Beach, Florida, and other locations.
Ellison also has a friendly relationship with Trump.
During this year's election, Ellison publicly expressed his support for Trump, stating, "I don't think he's the devil - I support him and hope he performs well." During Trump's previous term, he also maintained a close relationship with him. After issuing the administrative order of ByteDance to sell its business in the United States, Trump expressed support for Oracle's acquisition of TikTok, calling Oracle a "great company".