Overview
- Bloomberg estimates place Larry Ellison’s wealth near $368–377 billion in late September, ranking him second to Elon Musk as Oracle’s AI-fueled rally lifts the value of his roughly 41% stake alongside Tesla holdings.
- Ellison channels most of his philanthropy through the for-profit Ellison Institute of Technology linked to Oxford, with a roughly $1.3 billion campus slated to be operational by 2027.
- Recent reporting highlights leadership churn at the institute after scientist John Bell was hired to lead research, former University of Michigan president Santa Ono was announced as a collaborator in August, and Bell resigned two weeks later calling it a very challenging project.
- The New York Times, as cited in multiple outlets, reports tensions over how to commercialize the institute’s research and questions about confidence in Ellison’s financial commitments.
- Ellison’s prior gifts include about $200 million to USC for cancer research and roughly $1 billion to the now-closed Ellison Medical Foundation, with additional recent commitments such as $100 million for Ellison Institute research and a new scholar program starting in October 2025.