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The Rise of the Ellison Empire
July 24, 2026 | By Martin Armstrong
There was a time when America's industrial titans built railroads, steel mills, and oil companies. Today, influence is measured in data, artificial intelligence, cloud computing, media, and information. Few families illustrate that transformation better than the Ellisons.
Larry Ellison built Oracle from a small software company into one of the world’s largest technology firms. His background and rags-to-riches story are quite interesting. Today Oracle is one of the dominant providers of enterprise databases and cloud infrastructure, serving governments, financial institutions, healthcare providers, defense contractors, and many of the world’s largest corporations. Oracle’s software touches enormous portions of the global economy. When governments collect taxes, hospitals manage patient records, banks process transactions, or corporations analyze data, Oracle systems are often operating behind the scenes. [Editor's note: Oracle's first contract was with the CIA for $50,000.]