What Would Larry Ellison’s FBI Background Check Look Like?

I was excited when I saw that the FBI released its background check on late Apple (NASDAQ:AAPL) CEO Steve Jobs. But the report was a letdown. The report didn’t provide much in the way of new insights — it just verified that Jobs was a computer genius, hardworking, a former hippie (experimenting with drugs during the 60s) and had a tendency to stretch the truth.

But I think other CEOs would have more intriguing reports. One that comes to mind: Oracle�s (NASDAQ:ORCL) Larry Ellison. According to Forbes, he�s worth about $33 billion — and he has an ego to match.

What might an FBI report on Ellison look like? Here’s a few of the possible major bullet points:

First Product: A database for the CIA called “Oracle.”

Marriages: Four. And for wedding No. 2, he presented his bride with a prenuptial agreement several hours before the ceremony. She signed it.

Favorite Drug: Money.

Base of Operations: Larry spent more than $100 million on his home, which looks like something a Japanese emperor would own — complete with a 2.3-acre man-made lake.

Financial Risk: Oracle had to restate earnings twice during 1990 because of aggressive accounting. The company almost went bust.

Flight Risk: Besides ordinary private aircraft, Larry also owns several fighter jets, including a Russian MiG-29.

Risk to Self: Had a near-death experience when a hurricane struck during the Sydney to Hobart Yacht Race in 1999 that killed six people.

Connections to Jobs: Larry joined the Apple Board in 1997 when Steve Jobs returned to the company. But he left in 2002 because he did not have enough time for the duties.

Dangerous Teachings: Ellison draws comparisons between himself and Genghis Khan. Khan famously said, �It�s not sufficient that I succeed. Everyone else must fail.�

Tom Taulli runs the InvestorPlace blog�IPO Playbook, a site dedicated to the hottest news and rumors about initial public offerings. He also is the author of��All About Short Selling��and��All About Commodities.��Follow him on Twitter at�@ttaulli. As of this writing, he did not own a position in any of the aforementioned securities.

No comments:

Post a Comment