Might it be interesting for you to know about Safra Catz? If you consent, then keep reading this article to discover the startling and fascinating facts about Safra Catz.
Safra Catz is an American billionaire, CEO of Oracle Corporation, and technology executive born on December 1, 1961, in Holon, Israel.
1. Safra Catz Net Worth
Safra’s current net worth is 1.6 billion dollars. In 2014 her annual compensation was a little over $52 million. She is quite knowledgeable about managing her professional and personal finances.
2. Not Born in America
On December 1, 1961, the successful businessman was born in Holon, Israel. She completed her official schooling in the U. S. Her enthusiasm is unquestionable, as she actively participates in matters that benefit the country.
3. Educated as a Lawyer
In 1986, She graduated from the University of Pennsylvania Law School. She also received her JD from Harvard Law School, which is considered one of the best in the world.
Her legal expertise has allowed her to master the laws and regulations that underlie both major business organizations and the political components of a country’s political system. It’s just another small female element that eligible her for Trump’s campaign staff position.
4. The capacity to multitask.
Safra Catz is an exceptional person who has the enthusiasm, ambition, and professionalism to do two very demanding tasks simultaneously. She has received a role on Trump’s transition team, but she will not be quitting her post as Oracle’s CEO.
She intends to work two jobs at the moment. This demonstrates her dedication to commitments and her willingness to become engaged where she believes it will assist most individuals.
5. Catz despises being in the spotlight.
Just because it’s difficult to envision a big company’s CEO being quiet and reserved and desiring privacy, it’s real. Safra tries to stay out of the spotlight as much as feasible.
She doesn’t need to justify herself to others since she is brilliant at what she does. She balances her professional obligations with her responsibilities to her household.
Astonishing Facts About Safra Catz
In 1967 Safra Catz with her family moved to Brookline, Massachusetts, at the peak of their careers. Judith, the mother of Catz, worked as a speech therapist at public schools around the Boston area.
Meanwhile, Leonard, her father, worked as a nuclear physicist at MIT before serving as a chairman of the physics department at MIT.
Safra would spend the rest of her early life in Brookline, graduating from Brookline High School in 1979. She decided to attend the University of Pennsylvania, where she earned a Bachelor’s degree from the Wharton School in 1983.
She also attends the University of Pennsylvania Law School, where she earned a law degree in 1986 and subsequently earned a JD at Harvard School. Despite her law degree in the early 90s, Safra Catz decided to work on Wall Street as an investment banker, a decision that would change her life.
In a 2005 interview, she remarked that choosing Wall Street over Law was the finest decision she had ever made. She learned about the growing software sector and focused on it when the independent software industry started. This eventually led her to Oracle. Donaldson, Lufkin, and Jenrette was the Wall Street financial company she chose.
She worked as a banker from January 1994 until February 1997 before becoming a senior vice president. From February 1997 through March 1999, Safra Catz sought a transfer to Silicon Valley, where she worked as managing director.
A month later, she joined Oracle Corporation and swiftly rose through the ranks, joining the board of directors in October 2001 and eventually becoming president in early 2004.
Not only was 2005 a momentous year for Safra since she was credited with leading Oracle’s efforts to purchase software rival “PeopleSoft” and a $10 billion takeover, but it was also the start of her almost four-year time as CFO. She kept it from 2011 till the present day.
Let’s go back a year to 2010 when Mark Hurd joined Catz, and the two of them became Co-Presidents. Catz was rated the 12th and 16th most powerful woman in business by Fortune and Forbes in 2009.
Still, she fell to 24th in both publications in 2014, which is unexpected given that Larry Ellison stood down as CEO on September 18, 2014, and Oracle named Safra Catz and Mark Hurd as Co-CEOs in response.
Some other positions of Safra Catz served as Director of the HSBC group from 2008 to 2015 and is a consistent lecturer in accounting at the Stanford Graduate School of Business.
After the election of Donald Trump, Catz was one of several high-profile CEOs along with Tim Cook, Sheryl Sandberg, and Jeff Bezos invited to talk with the president about potentially taking up opposition and the incoming administration.
According to Bloomberg, she was considered a US Trade Representative or Director of National Intelligence. Nevertheless, she served on the Transition Team for a 72- 78 day period.
Starting December 15, 2016 onward, while still serving as Co-CEO of Oracle during the 2018 Election Cycle, Safra donated over $150,000 to Republican-aligned groups and individuals, one of which was Congressman Devin Nunes.
On October 18, 2019, just over a month ago, tragedy struck Co-CEO Mark Hurd died of an undisclosed illness; however, it is known he was already on medical leave.
On November 19, 2019, Oracle released a statement saying Safra Catz will remain the sole CEO until a new executive is trained and groomed into the next Co-CEO. It is clear Oracle believes two heads are better than one.
To sum up, Safra Catz is a powerful and dominating presence, that’s for sure, even though she does not like to be written about and avoids the spotlight. She is a very hard worker.