Tag Archives: Ellison

Oracle’s Larry Ellison became the richest person in the world Wednesday morning, with shares of the tech giant he co-founded surging more than 40%. As of 10 a.m. ET, Ellison’s wealth was nearly $400 billion. Tesla CEO Elon Musk, who had occupied the top spot, currently has a fortune of about $385 billion, according to Bloomberg. The news outlet keeps …

Facebook Tweet Email Link New York  —  Elon Musk is on the verge of losing his “world’s richest person” title to Oracle cofounder Larry Ellison. Ellison’s wealth jumped $70 billion to $364 billion after Oracle’s stunningly strong earnings report Tuesday evening, putting him in striking distance of Musk’s net worth of $384 billion, according to Bloomberg Billionaires Index. Oracle (ORCL) …

Oracle Chairman Larry Ellison on track to make $88 billion today, crushing records  Axios Elon Musk is on the cusp of losing his title as world’s richest person  CNN Ellison Rivals Musk as World’s Richest Man After $70 Billion Gain in One Day  Bloomberg Oracle market value set to jump $200bn on AI surge  Financial Times Patrick Schwarzenegger’s Sibling Was Absent From His Wedding  The …

How Larry Ellison Became the World’s Second-Richest Person  Bloomberg.com Elon Musk is on the cusp of losing his title as world’s richest person  CNN Ellison Rivals Musk as World’s Richest Man After $70 Billion Gain in One Day  Bloomberg.com Oracle market value set to jump $200bn on AI surge  Financial Times Patrick Schwarzenegger’s Sibling Was Absent From His Wedding  The Daily Beast Source link

Ellison Rivals Musk as World’s Richest Man After $70 Billion Gain in One Day  Bloomberg.com Elon Musk is on the cusp of losing his title as world’s richest person  CNN Oracle Chairman Larry Ellison on track to make $88 billion today, crushing records  Axios Patrick Schwarzenegger’s Sibling Was Absent From His Wedding  The Daily Beast Ellison nears Musk as Oracle surge adds to his …

Larry Ellison Is Spending Billions to Reshape Oxford and His Own Legacy  The Wall Street Journal Oracle billionaire’s institute gives Oxford major grant for AI vaccine research  Financial Times Larry Ellison bankrolling £118M AI vaccine research at Oxford University  theregister.com Larry Ellison Wants For-Profits to Solve Big Problems. Here’s What That Mindset Overlooks  Inside Philanthropy Oxford, EIT Address Urgent Problem with AI Vaccine Research  PharmTech …

A research group funded by tech billionaire Larry Ellison is set to invest £118 million ($169.6 million) in applying AI to vaccine research with the UK’s Oxford University. Oxford Vaccine Group is leading the project to study the human immune system’s response to serious bacterial infections and antibiotic resistance, targeting diseases including Streptococcus pneumoniae, Staphylococcus aureus, and E. coli. Led …

“We’re in the business of long-term value creation,” David Ellison proclaimed Wednesday as the stock of his newly minted Paramount, A Skydance Corporation leaped double digits in the first week of his reign. As the majority shareholder in the new Paramount, with strong support from RedBird, Ellison went on to take the win, but also cautioned his plan was not …

Growing up, David Ellison spent every Sunday going to the movies with his mother and his sister, Annapurna founder Megan Ellison. As an adult, he spent more than 15 years pursuing his wish to run a legacy Hollywood studio. Now, his dream has become reality and all eyes are on the young mogul to see if he can right a …

On Thursday, a trio of Hollywood Reporter staffers attended a presentation by new Paramount owner David Ellison, who sat alongside his investors from RedBird Capital and new executives at his company’s Manhattan headquarters to lay out his vision for the embattled media firm. Ellison & Co. had just spent some $8 billion for the 113-year-old studio and have hopes — really, a need — to …