Politics
Larry Ellison quietly gave $45 million to a pro-Trump group, then Oracle landed a starring role in Stargate
While many of the biggest names in Big Tech have been quite public and open about their dealings with President Donald Trump, there is one executive who has been more discreet in his dealings with the CEO-in-chief.
Larry Ellison, Oracle’s billionaire co-founder, gave about $45 million to a nonprofit supporting Trump’s 2024 campaign, people familiar with the matter told the Wall Street Journal. This funding was not subject to disclosure rules, according to the WSJ, and was only reported this week.
This quiet donation runs counter to other billionaires’ donations and support for Trump’s campaign or his continued efforts during his second term. Many CEOs, including Tesla’s Elon Musk, Apple’s Tim Cook, Boeing’s Kelly Ortberg and Nvidia’s Jensen Huang, joined Trump on his recent trip to China. Trump also hosted a White House dinner in September with 33 Silicon Valley power players and invited executives like Meta’s Mark Zuckerberg and Reddit co-founder Alexis Ohanian to his recent 80th birthday celebration, which included a UFC event.
Ellison was absent for all of this.
Instead, according to the WSJ report, the Oracle co-founder and sixth-richest man in the world has continued to donate millions more to groups supporting Trump since the election, and Oracle is one of the corporate sponsors of Freedom 250. Federal disclosure documents from the U.S. Office of Government Ethics also show that Trump’s investment accounts actively traded Oracle stock earlier this year.
Ellison’s quieter approach coincided with major victories for Oracle. The day after Trump’s second inauguration, Oracle was named one of the pillars of Stargate, a $500 billion plan to build AI data centers across the United States. Trump unveiled it at the White House on January 21, 2025, with Ellison at his side, Sam Altman of OpenAI and Masayoshi Son of SoftBank.
Later in 2025, Oracle joined a group that took over TikTok’s U.S. operations after Trump signed an executive order authorizing the deal. The president said in September 2025 that Oracle and Ellison would “play a very important role in terms of security, safety and everything else” for the application. The same month, Oracle reported $455 billion in remaining performance obligations, up 359% year-over-year.
The reward appears to extend to Ellison’s family. Larry’s son David, 43, built a media empire over the same period. The Trump administration authorized the merger of his company, Skydance, with Paramount last year. The deal was reached shortly after Paramount settled Trump’s lawsuit against CBS for $16 million. This month, the Justice Department approved the Warner Bros. takeover. Discovery by Paramount Skydance, with no divestiture required, despite concerns from some antitrust staff. The deal would give the family CNN, a network that neither Ellison nor the family like. The elder Ellison once told Trump that if Paramount won, it could overhaul the channel, people familiar with the matter told the WSJ. But the agreement is not final. California Attorney General Rob Bonta said the deal “is not done” and remains under investigation by his office.
The White House told Fortune that Trump isn’t exactly playing favorites.
“President Trump is committed to working with all American businesses and business leaders to solidify America’s innovative dominance, reshore essential manufacturing, and accelerate economic growth for America’s everyday workers,” White House spokesperson Kush Desai told Fortune in a statement. “Industry leaders in sectors ranging from automotive to pharmaceuticals to technology have committed to investing trillions in the United States because they know they have a friend and ally in the White House. »
Oracle did not immediately respond to Fortune’s request for comment.
To be sure, Ellison hasn’t always supported Trump. In the 2024 race, he supported Sen. Tim Scott of South Carolina and pushed Trump to choose Scott as his running mate. Trump chose JD Vance instead.
|
Sources 2/ https://fortune.com/2026/06/25/larry-ellison-donald-trump-45-million-donation-stargate-tiktok-paramount/ The mention sources can contact us to remove/changing this article |
What Are The Main Benefits Of Comparing Car Insurance Quotes Online
LOS ANGELES, CA / ACCESSWIRE / June 24, 2020, / Compare-autoinsurance.Org has launched a new blog post that presents the main benefits of comparing multiple car insurance quotes. For more info and free online quotes, please visit https://compare-autoinsurance.Org/the-advantages-of-comparing-prices-with-car-insurance-quotes-online/ The modern society has numerous technological advantages. One important advantage is the speed at which information is sent and received. With the help of the internet, the shopping habits of many persons have drastically changed. The car insurance industry hasn't remained untouched by these changes. On the internet, drivers can compare insurance prices and find out which sellers have the best offers. View photos The advantages of comparing online car insurance quotes are the following: Online quotes can be obtained from anywhere and at any time. Unlike physical insurance agencies, websites don't have a specific schedule and they are available at any time. Drivers that have busy working schedules, can compare quotes from anywhere and at any time, even at midnight. Multiple choices. Almost all insurance providers, no matter if they are well-known brands or just local insurers, have an online presence. Online quotes will allow policyholders the chance to discover multiple insurance companies and check their prices. Drivers are no longer required to get quotes from just a few known insurance companies. Also, local and regional insurers can provide lower insurance rates for the same services. Accurate insurance estimates. Online quotes can only be accurate if the customers provide accurate and real info about their car models and driving history. Lying about past driving incidents can make the price estimates to be lower, but when dealing with an insurance company lying to them is useless. Usually, insurance companies will do research about a potential customer before granting him coverage. Online quotes can be sorted easily. Although drivers are recommended to not choose a policy just based on its price, drivers can easily sort quotes by insurance price. Using brokerage websites will allow drivers to get quotes from multiple insurers, thus making the comparison faster and easier. For additional info, money-saving tips, and free car insurance quotes, visit https://compare-autoinsurance.Org/ Compare-autoinsurance.Org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc. "Online quotes can easily help drivers obtain better car insurance deals. All they have to do is to complete an online form with accurate and real info, then compare prices", said Russell Rabichev, Marketing Director of Internet Marketing Company. CONTACT: Company Name: Internet Marketing CompanyPerson for contact Name: Gurgu CPhone Number: (818) 359-3898Email: [email protected]: https://compare-autoinsurance.Org/ SOURCE: Compare-autoinsurance.Org View source version on accesswire.Com:https://www.Accesswire.Com/595055/What-Are-The-Main-Benefits-Of-Comparing-Car-Insurance-Quotes-Online View photos


