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95% of Larry Ellison’s extraordinary fortune-nearing $400 billion-is earmarked for philanthropy
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95% of Larry Ellison’s extraordinary fortune-nearing $400 billion-is earmarked for philanthropy

Larry Ellison pledged to donate 95 per cent of his massive fortune to a variety of causes as part of the Giving Pledge, an initiative encouraging billionaires to dedicate most of their wealth to philanthropic causes.

The announcement originally made fifteen years ago reflected Ellison’s long-term commitment to addressing global challenges, and it remains one of the most significant pledges in history.

Today, Ellison is once again at the center of global attention—not only for his soaring fortune, but also for the widening scope of his impact through philanthropy and visionary leadership in technology.

Ellison’s wealth is fast approaching $400 billion, driven by Oracle’s remarkable gains in AI and cloud infrastructure, underscoring his long-standing ability to anticipate and lead in transformative industries.

This year alone, Ellison has committed $100 million to research at his Ellison Institute of Technology in collaboration with Oxford, furthering breakthroughs in cancer, climate, and artificial intelligence.

He also committed $16.6 million to the Friends of the Israel Defense Forces for new well-being facilities, reflecting his commitment to strengthening communities and improving the quality of life.

These latest commitments build on a legacy of large-scale giving, including $200 million to USC and approximately $1 billion to the Ellison Medical Foundation, which has pioneered research into aging and disease.

Equally significant in 2025 is Ellison’s leadership role in helping to secure TikTok’s future in the United States. Under a newly signed executive order, U.S. ownership of the platform is being transferred to a consortium of American investors—including Ellison, Michael Dell, Rupert Murdoch, and Silver Lake—a move designed to safeguard American innovation, ensure data security, and keep one of the world’s most influential digital platforms thriving under trusted stewardship.

Oracle, under Ellison’s guidance, will provide the backbone for hosting U.S. user data and powering the app’s recommendation engine, placing a cornerstone of social media infrastructure under robust American oversight.

While the structure of the agreement awaits final regulatory approvals, the initiative reflects Ellison’s ability to bring together technology, business, and public interest in ways that strengthen national security while supporting open digital exchange.

Rather than retreating into conventional philanthropy, he continues to pioneer bold approaches that combine enterprise, innovation, and giving, signaling a future in which his legacy will be measured not only in dollars donated but also in systems built and opportunities created.

 

Photo: Mega-philanthropist Larry Ellison with Lifestyles Magazine/Meaningful Influence founder Gabriel Erem

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