Oracle’s main shareholder is founder Larry Ellison, which owns almost 43% of the company’s stocks—followed by Chief Executive Officer of Oracle, Safra A. Catz. Other individual shareholders comprise executive vice president and chief corporate architect Edward Screven and vice chairman Jeffrey Henley. The top institutional investor is The Vanguard Group, with 5.3% of the company’s stock.
Oracle is a behemoth software company founded in 1977 by Larry Ellison, Bob Miner, and Ed Oates. The company followed the on-premise softwaremodel but mostly successfully transitioned to the cloudmodel. In fact, by 2022, cloud services represented most of its revenues. Indeed its lineup of software products comprises MySQL, Java, Middleware, Oracle Linux, and many others.
In 2022, Oracle generated over 70% of its revenue from cloud services. Indeed, in 2022, Oracle generated over $30 billion from cloud services, nearly $5.9 billion from the cloud and on-premise licenses, almost $3.2 billion from hardware, and $3.2 billion from services.
Gennaro is the creator of FourWeekMBA, which reached about four million business people, comprising C-level executives, investors, analysts, product managers, and aspiring digital entrepreneurs in 2022 alone | He is also Director of Sales for a high-tech scaleup in the AI Industry | In 2012, Gennaro earned an International MBA with emphasis on Corporate Finance and Business Strategy.