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1741 points meetpateltech | 9 comments | | HN request time: 1.52s | source | bottom
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jodrellblank ◴[] No.46164701[source]
Off topic, but I am boggled that Larry Ellison came back to “richest man in the world” this year.

For all the enormous Reach of Facebook adverts, Apple, Microsoft breadth of products, Tesla and SpaceX and Twitter, Amazon’s massive cloud dominance, the AI boom for nVidia…

Oracle?!

On September 10, 2025, Ellison was briefly the wealthiest person in the world, with an estimated net worth of US$393 billion.

In June 2020, Ellison was reported to be the seventh-wealthiest person in the world, with a net worth of $66.8 billion

- https://en.wikipedia.org/wiki/Larry_Ellison

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georgeecollins ◴[] No.46165782[source]
He also really doesn't do much (almost any?) charity so far in his life. And he never had to split assets in a divorce. So he's like a dung beetle of money.
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burningChrome ◴[] No.46166937[source]
This is completely misleading.

Even a cursory google search will give a rather long list:

- Giving Pledge: Ellison signed the Giving Pledge, committing to donate the majority of his wealth to philanthropy. Recently, he announced plans to donate 95% of his $373 billion fortune, focusing on science, healthcare, climate change, and AI research.

- Ellison Medical Foundation: Invested nearly $1 billion in biomedical research on aging and disease prevention before closing in 2013

- Lawrence Ellison Foundation: Supports research on aging, health, education, sustainable agriculture, and wildlife conservation.

- Ellison Institute for Transformative Medicine (USC): Established with a $200 million donation to advance cancer research and personalized therapies

- Ellison Institute of Technology (Oxford): A for-profit philanthropic initiative tackling global challenges like healthcare, food insecurity, climate change, and AI. A new campus worth $1.3 billion is planned for 2027

- Significant funding for Oxford University through EIT partnerships, including scholarships and research programs.

- Lion Country Safari Acquisition: Purchased the 254-acre wildlife sanctuary in Florida for $30 million through his foundation, ensuring continued conservation efforts.

- Larry Ellison Conservation Center: Opened in California to rehabilitate and breed endangered species

I'm not a huge fan of his or how Oracle has conducted business, but his giving represents billions to charity, not exactly fitting for the "dung beetle" label people are so quick to apply to him.

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1. hamandcheese ◴[] No.46167132[source]
So he has pledged to give away 95%. But so far it seems like he has given very little, maybe 1%?
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2. burningChrome ◴[] No.46167786[source]
So according to you there's some magical formula for when he has to give it all away? If you were him, wouldn't you want a lasting legacy? Something that your wealth effects generations over decades or even a century?

Also, keep in mind he's already given away over $2B in charity, but even at 1%, that's still not very much for you?

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3. IshKebab ◴[] No.46169023[source]
Yeah I would say 1% is not very much, even if it is $2bn. In fact, it's less because it's $2bn. Him giving 95% of his wealth away would affect his lifestyle about as much as most people giving 1% of their wealth away. Probably less. Him giving 1% away is completely insignificant.

I guess you could argue he can't give away 95% now because he wants to maintain control of Oracle... which is fair enough I guess. But still, 1% is not very much.

4. ◴[] No.46169057[source]
5. hamandcheese ◴[] No.46169609[source]
My only point is that the parent post wasn't being misleading. No, 1% isn't much.
6. inemesitaffia ◴[] No.46169884{3}[source]
Boo hoo.

Misinformation is misinformation and it does no one good.

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7. colordrops ◴[] No.46171469{4}[source]
You must be talking about yourself, everything I said is easily verifiable with 30 seconds of research. Do some introspection - you are projecting.
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8. k4rli ◴[] No.46172451[source]
Most of that is clearly going to his own charities for tax benefits.
9. inemesitaffia ◴[] No.46188538{5}[source]
Oh I'm talking about you colordrops without color.

CIA contractor, like Apple, Microsoft, Google, Amazon, and more.

Introspect my bung****

More than 0 is more than zero. In case you forgot where this conversation started from