Safra Catz’s journey with Oracle Corporation epitomizes a remarkable trajectory of leadership and strategic acumen, driving the tech giant to unprecedented financial heights. As the CEO of one of the world’s leading software companies, Catz’s influence extends beyond Oracle’s operational realms into the broader tech industry. Her impressive net worth of $1.7 billion as of 2024 is a testament to her success and pivotal role in Oracle’s growth.
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Table of Contents
Who is Safra Catz?
Safra Ada Catz, born on December 1, 1961, in Holon, Israel, is an Israeli-American billionaire banker and technology executive renowned for her role as CEO of Oracle Corporation. With a tenure at Oracle beginning in April 1999 and a board membership since 2001, Catz’s strategic vision and leadership have been instrumental in shaping Oracle’s direction and success.
Education and Career
Catz’s educational background includes a degree from Penn Carey Law in 1986, laying the groundwork for her distinguished career in technology and business. Joining Oracle in 1999, she quickly ascended through the ranks, becoming co-president and chief financial officer in April 2011, and eventually taking on the role of CEO in 2014.
Safra Catz Net Worth
Safra Catz’s net worth stands at an impressive $1.7 billion as of 2024, according to Forbes. This financial achievement reflects her successful tenure at Oracle, marked by strategic acquisitions and effective leadership.
Why is Safra Catz So Famous?
Catz’s fame stems from her role in transforming Oracle into a software powerhouse, through her aggressive acquisition strategy and effective operational leadership. As one of the few female executives at the helm of a major tech company, her success has also been influential in paving the way for women in technology.
How did Safra Catz become CEO?
Catz became CEO of Oracle in September 2014, following Larry Ellison’s step down from the role. She initially served as co-CEO with Mark Hurd until September 2019, when she became the sole CEO after Hurd’s resignation due to health issues.
Who is the CEO of Oracle 2014?
Safra Catz has served as CEO of Oracle since September 2014, when she took over the role from Oracle’s founder, Larry Ellison, alongside Mark Hurd as co-CEOs.
Who Owns Oracle?
Oracle’s main shareholder is its founder, Larry Ellison, who owns almost 43% of the company’s stocks. Other significant shareholders include Safra Catz herself, alongside Edward Screven and Jeffrey Henley, highlighting the internal leadership’s investment in the company’s future.
Conclusion
Safra Catz’s leadership at Oracle Corporation represents a blend of strategic foresight, financial acumen, and technological innovation, contributing to her significant net worth of $1.7 billion. Her role as CEO has not only driven Oracle’s financial success but has also established her as a key figure in the technology sector and an inspiration for aspiring leaders worldwide.
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FAQs about Safra Catz Net Worth
- How did Safra Catz accumulate her wealth?
- Through her successful leadership and strategic acquisitions at Oracle, alongside her compensation as CEO and stock ownership in the company.
- What is Safra Catz’s educational background?
- She holds a degree from Penn Carey Law, graduating in 1986.
- When did Safra Catz become CEO of Oracle?
- She became co-CEO in September 2014 and sole CEO in September 2019.
- Who are the significant shareholders of Oracle?
- Larry Ellison, Safra Catz, Edward Screven, and Jeffrey Henley are among the significant shareholders.
- Why is Safra Catz considered influential in the tech industry?
- Her leadership at Oracle, marked by strategic growth and her position as one of the prominent female executives in technology, makes her a significant figure in the industry.
