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5th Richest Man In The World Larry Ellison Will Move His Company To A Red State


Larry Ellison, the founder of Oracle’s computer technology company, announced that he plans to move his company’s headquarters to Nashville, Tennessee.

Ellison, while sitting with former Senate majority leader Bill Frist in Nashville, stated he plans to move Oracle’s headquarters to Nashville, Tennessee.

Ellison, while speaking with Frist, stated he plans to move Oracle’s  “huge campus” to Nashville.

He added this will “ultimately be our world headquarters.”

Oracle was one of the many tech companies to exit California in 2020.

Currently, Oracle’s headquarters sits in Austin, Texas.

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Check out what Fox Business reported:

Oracle founder Larry Ellison announced Tuesday that he plans to move the software giant’s corporate headquarters to Nashville, Tennessee, which he added is at the center of the healthcare industry.

Ellison sat down with former Senate majority leader Bill Frist for an onstage conversation in Nashville, which was shared by Oracle Health on the social media platform LinkedIn on Tuesday.

The founder and executive chairman told Frist his company was moving its “huge campus” to Nashville, and it will “ultimately be our world headquarters.”

“I shouldn’t have said that,” Ellison quickly said, but there was no turning back because he disclosed information on his company’s future.

Ellison said Oracle’s move to Nashville will position his company as one of the major players in the healthcare industry, an industry Oracle is looking to expand its position in.

Per CNBC:

Oracle Chairman Larry Ellison said Tuesday that the company is moving its world headquarters to Nashville, Tennessee, to be closer to a major health-care epicenter.

In a wide-ranging conversation with Bill Frist, a former U.S. Senate Majority Leader, Ellison said Oracle is moving a “huge campus” to Nashville, “which will ultimately be our world headquarters.” He said Nashville is an established health center and a “fabulous place to live,” one that Oracle employees are excited about.

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“It’s the center of the industry we’re most concerned about, which is the health-care industry,” Ellison said.

The announcement was seemingly spur-of-the-moment. “I shouldn’t have said that,” Ellison told Frist, a longtime health-care industry veteran who represented Tennessee in the Senate. The pair spoke during a fireside chat at the Oracle Health Summit in Nashville.



 

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