Larry Ellison rises to fourth place amid tough year for tech: Larry Ellison, the chairman, chief technology officer, and co-founder of software giant Oracle, rose four spots to fourth place on the Forbes list. Despite a tough year for tech, Oracle shares increased 10% on solid earnings and a focus on security. Ellison, who owns about 35% of the company, also made headlines last summer when he purchased one of Florida's most expensive homes for $173 million.
AP