Is Caroline Ellison Related To Larry Ellison? Family Tree And Net Worth Difference
Is Caroline Ellison related to Larry Ellison? Netizens are keen to know whether the two have any personal relationship apart from the surname.
28-year-old Caroline Ellison is an American former business executive who was the CEO of Alameda Research, a quantitative trading firm founded by entrepreneur Sam Bankman-Fried.
Recently, she pleaded guilty to two counts of wire fraud, a conspiracy to commit wire fraud, conspiracy to commit securities fraud, and committing money laundering.
On the other hand, 78-year-old Larry Ellison is an American businessman and co-founder of the American computer technology company Oracle.
He served as the executive chairman, chief technology officer, and former chief executive officer at the multi-billion dollar company.
He was listed as the seventh-wealthiest person in the world by Bloomberg Billionaires in November 2022, with an estimated net worth of $91 billion.
Since both he and Caroline have been involved with multi-billion dollar companies in their careers, netizens suspect they are related. So let’s take a look at the matter.
Is Caroline Ellison Related To Larry Ellison?
No, Caroline Ellison is not related to Larry Ellison. Apart from the shared surname and American nationality, they are not blood-related.
There have been speculations on whether Caroline and Larry are related, as both are associated with famous tech companies: Caroline with Alameda and Larry with Oracle.
Carolina is a 28-year-old American felon who pleaded guilty to fraud while being associated with Alameda. In November 2022, she was terminated after FTX and Alameda filed for bankruptcy.
Billionaire Larry Ellison has 98% ownership of Lanai, the sixth-largest island in the Hawaiian Archipelago. In addition, he owns several expensive items, such as aircraft, yachts, and multi-million dollar homes.
Larry and Caroline do not share any family history and are not related to each other. Nevertheless, both are American by nationality.
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Caroline Ellison Family Background
Caroline Ellison is one of the three daughters born to her parents. Her sisters are Anna and Kate.
Ellison is the daughter of Glenn Ellison and Sara Fisher Ellison. Her father is an economist and the Gregory K. Palm Professor of Economics at MIT. He used to coach Caroline’s math team when she was a middle schooler.
Glenn has written textbooks and works as a math coach for schoolchildren in his spare time. His wife, Sara, is also an economist at MIT.
According to former employees of Alameda and FTX, Caroline and Sam Bankman-Fried, the CEO of FTX, are romantically involved. She once wrote on her Tumblr blog that she explored polyamory.
Larry Ellison Family Background
Larry Ellison’s father was an Italian-American United States Army Air Corps, and his mother was an unwed Jewish woman.
When he was nine months, Larry’s mother gave him up for adoption to her uncle after he contracted pneumonia. He did not meet his mother again until he was 48.
Ellison’s adoptive mother was warm and loving, unlike his unsupportive, austere, and often distant adoptive father, who named him to honor Ellis Island, the point of entry to the United States.
He moved to Chicago’s South Shore and worked as a government employee, making a small fortune in Chicago real estate, only to lose it all during the Great Depression.
The Oracle co-founder has been married and divorced four times: Adda Quinn (1967-1974), Nancy Wheeler Jenkins (1977-1978), Barbara Boothe (1983-1986), and Melanie Craft (2003-2010).
Larry and his third wife, Barbara, are the parents of two children, David and Megan. David is a film producer, actor, founder, and CEO of Skydance Media. Megan is also a film producer and the founder of Annapurna Pictures.
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