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1741 points meetpateltech | 4 comments | 05 Dec 25 12:21 UTC | HN request time: 1.683s | source
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jodrellblank ◴[05 Dec 25 17:50 UTC] 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 ◴[05 Dec 25 19:06 UTC] 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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eirikbakke ◴[05 Dec 25 19:32 UTC] No.46166173[source]▶
"Larry Ellison has been involved with two philanthropic organizations. First he made a $300M donation to Stanford, in exchange for not admitting wrongdoing in an options backdating scandal. All other philanthropic work is to the Larry Ellison institute for prolonging of life--namely his." -- Bryan Cantrill

https://www.youtube.com/watch?v=-zRN7XLCRhc

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jodrellblank ◴[05 Dec 25 20:40 UTC] No.46166971[source]▶
It's amusing but it's not true. From Wikipedia:

> In 1992, Ellison shattered his elbow in a high-speed bicycle crash. After receiving treatment at University of California, Davis, Ellison donated $5 million to seed the Lawrence J. Ellison Musculo-Skeletal Research Center.

> In 1998, the Lawrence J. Ellison Ambulatory Care Center opened on the Sacramento campus of the UC Davis Medical Center

> In 2007, Ellison pledged $500,000 to fortify a community centre in Sderot, Israel, against rocket attacks

> In 2014, he donated $10 million to the Friends of the Israel Defense Forces.

> In 2017, he donated $16.6 million donation to support the construction of well-being facilities on a new campus for co-ed conscripts

> In May 2016, Ellison donated $200 million to the University of Southern California to establish a cancer research center: the Lawrence J. Ellison Institute for Transformative Medicine of USC

> Between 2021 and 2023, Ellison invested $130 million in the Tony Blair Institute for Global Change and has pledged a further $218 million since then

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skinnymuch ◴[05 Dec 25 21:14 UTC] No.46167406[source]▶
You listed multiple sociopathic stuff. A western hegemony think tank is not a good thing. Giving money to a genociders is the opposite of good.
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jodrellblank ◴[05 Dec 25 21:19 UTC] No.46167467[source]▶
Nobody claimed otherwise. The claim was that he gave money to nothing except his own life extension fund. And you agree that he's given money to other things.
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1. skinnymuch ◴[06 Dec 25 02:06 UTC] No.46169875[source]▶
Ah I see my mistake. I had noticed grandparent being about charity and was responding to that.
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2. Thorrez ◴[06 Dec 25 14:16 UTC] No.46173532[source]▶
It depends on your definition of "charity". If you're talking about Friends of the Israel Defense Forces, Wikipedia says:

>The organization states that it is the official U.S. charity authorized to collect donations for IDF soldiers.

>Charity evaluators have generally rated the organization favorably.[9]

>The organization is recognized as a tax-exempt 501(c)(3) charity in the United States and has been tax-exempt since July 1983.[2]

https://en.wikipedia.org/wiki/Friends_of_the_Israel_Defense_...

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3. skinnymuch ◴[07 Dec 25 09:34 UTC] No.46180402[source]▶
Would you consider a “charity” for Nazis or for an org that has killed and maimed tens upon tens of thousands of children to be a good thing or even charity?

The listed criteria for what they evaluate is not what the issue is. Did you check Charity Navigator? An org that focuses on abusing kittens will be evaluated as good by them as long as its governance is by the books.

Wikipedia regardless is not something that should be cited directly when it comes to anything remotely political.

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4. Thorrez ◴[07 Dec 25 12:56 UTC] No.46181360{3}[source]▶
>Would you consider a “charity” [...] an org that has killed and maimed tens upon tens of thousands of children to be a good thing or even charity?

I do not consider Planned Parenthood a good thing. However, I will still admit they are technically registered as a charity with the US government.

Friends of the Israel Defense Forces is rated 98% and 4/4 on Charity Navigator.

https://www.charitynavigator.org/ein/133156445