Overview
- Larry Ellison remains committed to donating 95% of his wealth, a 2010 Giving Pledge promise he pursues through his own projects rather than traditional charities.
- The Ellison Institute of Technology is structured as a for‑profit research organization affiliated with Oxford, with a planned $1.3 billion campus targeted to open by 2027.
- Leadership at EIT has been unsettled, with scientist John Bell hired in 2024, former University of Michigan president Santa Ono announced as a collaborator in August 2025, and Bell resigning two weeks later citing a “very challenging” project.
- The New York Times reporting, cited by multiple outlets, describes internal tensions over commercialization strategy and doubts about the reliability of Ellison’s financial commitments to the institute.
- Ellison’s net worth is driven largely by his roughly 41% Oracle stake and a notable Tesla holding, and his past giving includes $200 million to USC for a cancer center and about $1 billion to the Ellison Medical Foundation.