Archive · 26 Sep 2025
Larry Ellison Plans to Donate 95% of Fortune
Larry Ellison, co-founder of Oracle, plans to donate nearly all his money.
He made this promise in 2010.
His money will support efforts focused on healthcare, climate change, food insecurity, and AI research.
The main way he is doing this is through his own organization, the Ellison Institute of Technology (EIT).
A new EIT campus is planned to open in Oxford by 2027.
Ellison has previously donated money to cancer research and a foundation focused on aging.
Larry Ellison is the co-founder of Oracle and the second richest person in the world.
Ellison pledged in 2010 to donate 95% of his wealth.
His net worth is estimated at $373 billion as of September 2025.
The donations will primarily be channeled through the Ellison Institute of Technology (EIT).
EIT focuses on healthcare, climate change, food insecurity, and AI research.
- Who
- Larry Ellison
- What
- Pledging to donate 95% of his wealth
- When
- 2010
- Where
- Ellison Institute of Technology (EIT)
- Why
- To address global challenges
- Person
- Larry Ellison
- Title
- Oracle Co-founder
- Net Worth (est.)
- $373 billion
- Pledge
- 95% of Wealth
- Pledge Date
- 2010
- Donation Focus
- Healthcare, Climate Change, AI research, Food Insecurity
- Charitable Vehicle
- Ellison Institute of Technology (EIT)
- EIT Campus
- Oxford, opening 2027
