• Technology

    Oracle’s Larry Ellison surpasses Elon Musk as world’s richest man

    AnyFans Posted on

    By Danielle Kaye

    Copyright bbc

    Oracle's Larry Ellison surpasses Elon Musk as world's richest man

    Ellison, 81, helped start Oracle in 1977 and rose to prominence in the 1990s, when he became a public figure known as much for his lavish lifestyle as for the database company behind his fortune.

    He was Oracle’s chief executive until 2014 and is now the company’s chairman and chief technology officer.

    And he has positioned himself as an ally to President Trump.

    When Trump returned to the White House in January, Ellison appeared alongside OpenAI’s Sam Altman and SoftBank’s Masayoshi Son to announce a project called Stargate, to build out AI infrastructure in the US.

    Oracle has also emerged as a possible buyer of TikTok, the app owned by the Chinese internet company ByteDance. TikTok is facing a ban in the US unless it divests itself of its ByteDance ownership.

    In January, when asked whether he was open to Musk buying TikTok, Trump responded: “I’d like Larry to buy it, too.”

    Ellison’s media ambitions extend beyond TikTok.

    He funded the bulk of a $8bn bid by his son to acquire Paramount, which owns CBS and MTV.

    That deal between Paramount and the media company Skydance, which is controlled by his son David, closed last month.

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