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Friday, November 22, 2024
Friday November 22, 2024
Friday November 22, 2024

Woman accepts $500 in divorce, misses out on billions as ex becomes 4th richest person

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Ex-wife’s decision leaves her watching as former husband’s company becomes tech giant

A woman’s decision to accept just $500 in her divorce settlement has turned out to be a costly one, as her ex-husband went on to become the fourth richest person in the world, with an estimated net worth of $107 billion.

Nancy Wheeler, the ex-wife of Larry Ellison, made the fateful decision to relinquish any claim on her husband’s company, which later transformed into the tech giant Oracle, now valued at over $300 billion.

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Ellison, who is now the fourth richest person globally, had initially aspired to become a doctor, influenced by those around him. However, he later pursued a career in computer programming, leading to the creation of Oracle.

The couple’s marriage lasted only a year, and Nancy agreed to dissolve her ties to the company for a meagre $500, unaware of the immense success Oracle would achieve in the future.

Ellison’s journey from college dropout to billionaire is a testament to his entrepreneurial spirit and determination. Despite facing initial resistance from his wife regarding his career choices, Ellison persisted and eventually achieved extraordinary success in the tech industry.

While Ellison now enjoys a lavish lifestyle, owning multiple yachts and a $173 million property in Florida, Nancy can only watch from the sidelines as her former husband’s company continues to thrive

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