Overview
- Ellison signed the Giving Pledge in 2010 to donate 95% of his wealth and now concentrates his philanthropy through the for‑profit Ellison Institute of Technology affiliated with Oxford.
- Bloomberg’s latest estimates place his net worth around $373–$377 billion, driven largely by a roughly 41% stake in Oracle and a sizable Tesla holding, while Fortune recently estimated $393 billion.
- EIT plans a new Oxford campus valued at about $1.3 billion that is scheduled to open by 2027, focusing on health, climate, food security, and AI research.
- Leadership has been unsettled: scientist John Bell was hired in 2024, former University of Michigan president Santa Ono was announced in August 2025 to collaborate with him, and Bell departed two weeks later calling it a very challenging project.
- The New York Times has reported tensions over how to commercialize research and questions about confidence in Ellison’s financial commitments, even as his past giving includes $200 million to USC and more than $1 billion to the Ellison Medical Foundation.