CALIFORNIA |
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Database titan continues to engulf the competition;
Oracle has racked up 49 acquisitions in the past 4 years. Bought BEA
Systems for $8.5 billion last year. Still sitting on $7 billion in cash.
Revenues up 11% to $10.9 billion in the six months ended November 30;
profits also up 11% to $2.4 billion. Stock down 25% in past 12 months.
Invested $125 million in Web software outfit Netsuite; took public in
2007, stock has fallen 80% since. His shares still worth $300 million.
Chicago native studied physics at U. of Chicago, didn't graduate.
Started Oracle in 1977. Public 1986, a day before Microsoft. Owns
453-foot Rising Sun; built a smaller leisure boat because superyacht is
hard to park. Squabbling in court with Swiss boating billionaire Ernesto
Bertarelli over terms of next America's Cup. Recently unveiled hulking
90-foot trimaran he intends to use to win it.
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