Oracle founder and potential TikTok overlord Larry Ellison’s present web value is estimated at $393 billion, making him the second-richest individual on this planet in 2025, solely behind Elon Musk. His fortune has grown quickly resulting from large beneficial properties in Oracle’s inventory, pushed by the AI increase, and a major stake in Tesla.
Ellison pledged to donate 95% of his wealth as a part of the Giving Pledge in 2010. Since then, he’s distanced himself from conventional nonprofits and says he’s opting to present away wealth on his personal phrases. He based the Ellison Institute of Know-how (EIT), a for-profit philanthropic group at The College of Oxford.
However Ellison’s EIT has lately been destabilized by management adjustments, in keeping with a report in The New York Occasions. In 2024, he employed scientist John Bell to go the analysis. However in August, Ellison introduced he had employed former College of Michigan President Santa Ono to “collaborate” with Bell. Simply two weeks later, Bell introduced his departure from the “very difficult undertaking.”
The Occasions experiences there are tensions over “how greatest to commercialize Mr. Ellison’s scientific analysis, together with persistent questions on how a lot the institute may belief Mr. Ellison to ship on his monetary commitments.”
Right here’s what we all know—and don’t—about Ellison’s plans to present away his fortune ultimately.
Web value (2025)
- Estimated at $393 billion as of September 2025.
- Most of his wealth derives from his 41% share in Oracle and a major stake in Tesla.
Philanthropy and plans for giving
- His essential philanthropic focus is thru the Ellison Institute of Know-how, which goals to deal with international points akin to healthcare, meals insecurity, local weather change, and AI developments, with a significant new campus opening in Oxford value roughly $1.3 billion.
- Up to now, Ellison has donated lots of of thousands and thousands to ascertain analysis and therapy facilities, together with a $200 million contribution to the College of Southern California for a most cancers analysis middle and roughly $1 billion in complete to the Ellison Medical Basis (now closed), primarily for medical analysis.
Quantities already given and future dedication
- Direct charitable disbursements are lower than these of some friends, however commitments to the Giving Pledge and the Ellison Institute complete within the billions.
- Key recognized contributions:
- He continues to point practically all his fortune will ultimately be directed towards philanthropic causes—completed on his personal phrases and timeline.
Ellison’s web value has reached file highs in 2025, and although he has pledged to present away nearly all of it, his giving is uniquely structured—specializing in massive self-driven tasks such because the Ellison Institute, relatively than broad public charity.
For this story, Fortune used generative AI to assist with an preliminary draft. An editor verified the accuracy of the data earlier than publishing.