Category | Information |
---|---|
Net Worth | $2 billion |
Salary | $950,000 base salary, plus bonuses and share grants |
Birthdate | December 1, 1961 |
Birthplace | Holon, Israel |
Gender | Female |
Height | N/A |
Profession | Billionaire banker and technology executive |
Nationality | Israeli-American |
What is Safra Catz’s Net Worth?
Safra Catz has a net worth of $2 billion. She accumulated her wealth through her roles as the CEO of Oracle Corporation, a multinational software company.
Highlights
– Safra Catz has a net worth of $2 billion.
– She serves as the CEO of Oracle Corporation.
– Catz joined Oracle in 1999 and became co-president in 2004.
– She became the solo CEO of Oracle in 2019.
– Catz has been politically active, donating to the presidential campaigns of Marco Rubio and Donald Trump.
Early Life
Safra Catz was born on December 1, 1961, in Holon, Israel. She moved to Brookline, Massachusetts, with her parents when she was six years old. Catz attended Brookline High School and went on to earn her bachelor’s degree from the Wharton School of the University of Pennsylvania in 1983. She later earned her JD from the University of Pennsylvania Law School in 1986.
Career
Safra Catz began her career as an investment banker at Donaldson, Lufkin & Jenrette in the 1980s. She joined Oracle Corporation in 1999 as its senior vice president and became a member of the company’s board of directors in 2001. Catz was instrumental in Oracle’s successful acquisition of rival software company PeopleSoft in a $10.3 billion takeover in 2005. She served as Oracle’s temporary CFO that same year. Catz was ranked among the most powerful women in business by Forbes and Fortune magazines in the late 2000s. She became the highest-paid female CEO of any US company in 2017, despite a decrease in her total compensation.
Personal Life
Safra Catz is married to Gal Tirosh, a writer and stay-at-home dad. They have two sons named Gary and Scott.
Net Worth Over Time
Safra Catz’s net worth first entered the billionaire range in 2015. Her annual base salary as the CEO of Oracle is $950,000, but she earns significantly more from bonuses and share grants. In 2021, her total compensation was $10 million. In 2022, she earned $138 million, primarily due to a one-time $130 million option grant. In 2023, she earned slightly over $5 million.
Components of Net Worth
Safra Catz’s net worth consists of her ownership of nearly 9 million shares of Oracle, as well as the millions of options she owns. She earned these options through a combination of performance milestones. Her total net worth is influenced by the value of her shares, the performance of Oracle, and any additional assets she may possess.
This article provides an overview of Safra Catz’s net worth, highlighting her career at Oracle Corporation and her contributions as a technology executive. It also touches on her early life, personal life, and involvement in politics. Catz’s net worth has fluctuated over time, primarily due to changes in her compensation and the performance of Oracle. Overall, she has established herself as a prominent figure in the business world.