Safra Catz Net Worth

Safra Catz Net Worth: The Rise of Oracle’s Top Female Executive

What is Safra Catz’s Net Worth and Salary?

Safra Catz has been the CEO of software giant Oracle since 2014 and has an estimated net worth of $935 million, according to Forbes. Catz ranks among the wealthiest self-made women in technology, thanks to her salary, stock options, and bonuses from her work at Oracle.

In 2020, Fortune reported that Catz made $41.5 million in total compensation, with a base salary of $1 million and a bonus of $40.5 million. This significant bonus was tied to Oracle’s performance and the company’s ability to meet sales targets.

Early Life and Education

Born in Holon, Israel, in 1961, Safra Catz moved with her family to the United States before she turned six years old, settling in the Bronx. Catz attended the University of Pennsylvania’s Wharton School, receiving a Bachelor of Science in Economics. She later earned her J.D. from the University of Pennsylvania Law School.

Career

After earning her law degree, Catz worked at the law firm of Donaldson, Lufkin & Jenrette, where she was tasked mainly with mergers and acquisitions work. In 1999, she took the helm as Oracle’s Chief Financial Officer, and during her tenure there, Oracle reported growth in their earnings on a quarter over quarter basis.

In addition to her role as CEO, Catz also serves on several boards, including that of The Walt Disney Company. In 2020, she was appointed to the board of directors at the National Security Agency.

Personal Life

Safra Catz is notoriously private and rarely speaks about her personal life. She is married and has two sons.

Real Estate

In 2017, Safra Catz purchased a Malibu beach house for $16.6 million. The home covers over 5,200 square feet and features four bedrooms and seven bathrooms.

Legacy

Safra Catz’s success as a female executive in the technology industry has been groundbreaking. She has been a trailblazer for women in leadership positions for the companies they serve. In particular, her leadership of Oracle has proven incredibly successful, with the company reporting billions in revenue each quarter.

Frequently Asked Questions

What makes Safra Catz a notable executive?

Safra Catz is notable for her ability to maintain Oracle’s position as one of the top technology companies in the world. She has helped guide the company through changes in the industry and the advancement of cloud technology.

How did Safra Catz become the CEO of Oracle?

Safra Catz initially joined Oracle as a senior vice president in 1999 and rose through the ranks to become the company’s co-CEO in 2014. She served alongside Mark Hurd until his untimely death in 2019, at which point Catz became the sole CEO.

What are some of the challenges that Safra Catz has faced as CEO?

As CEO of Oracle, Catz has faced her share of challenges, including competitors such as Amazon and Microsoft, shifting consumer trends in the technology industry, and navigating global political issues.

What is Safra Catz’s leadership style?

Catz is known for her pragmatic approach to business and her ability to make decisions quickly. She has been described as a down-to-earth leader who is data-driven and unafraid to make tough decisions.

What has Safra Catz done to promote diversity at Oracle?

Catz has been vocal about her commitment to diversity and inclusion while at Oracle. She has spearheaded initiatives to increase the number of women and underrepresented minorities in leadership positions at the company.

Is Safra Catz involved in philanthropy?

Catz has been involved in several philanthropic efforts, including supporting education programs and donating to nonprofits. She is known for her commitment to Israeli causes and has supported organizations such as the Israel Defense Forces.

What has been Oracle’s financial performance under Safra Catz’s leadership?

Oracle has continued to grow under Catz’s leadership, with the company reporting billions in revenue each quarter. In particular, under Catz’s guidance, Oracle has focused on the development and adoption of cloud technology.

How has Oracle addressed concerns about customer data privacy?

Data privacy and security are major concerns for technology companies, especially in light of scandals such as the Cambridge Analytica controversy. Oracle has implemented stringent data privacy policies and processes to ensure that customer data is safe and secure.

What is Safra Catz’s stance on the relationship between government and technology companies?

As CEO of a major technology company, Catz has spoken about the delicate balance between the government and the technology sector. In 2019, she wrote an op-ed in the Washington Post advocating for government regulation of technology companies.

What is Safra Catz’s approach to online security?

Catz has stated that online security is a top priority for Oracle. She has emphasized the importance of secure cloud solutions and continuous assessment and updating of security measures to protect customer data.

What is Oracle’s outlook for the future?

Oracle continues to focus on the development and adoption of cloud technology under Catz’s leadership. The company has been investing heavily in cloud infrastructure in recent years and intends to remain a major player in the technology industry.

What are some of the challenges facing Oracle?

Oracle continues to face fierce competition from other major technology companies, especially in the cloud space. Additionally, global financial instability and shifts in consumer behavior could impact the company’s financial performance.

What are some of Safra Catz’s accomplishments outside of Oracle?

In addition to her work with Oracle, Catz serves on several boards, including that of The Walt Disney Company and the National Security Agency. She has also been involved in philanthropic efforts, supporting education programs and Israeli causes.

What advice would Safra Catz give to aspiring female leaders in the technology industry?

Catz has emphasized the importance of hard work, tenacity, and the development of strong skills to succeed in the technology industry. She has also encouraged women to seek out mentorship and has advocated for greater diversity and inclusion in the workplace.