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Fortune
Fortune
Ashley Lutz

Oracle founder Larry Ellison has pledged to give away 95% of his $393B fortune—but sudden leadership changes fuel a mystery

(Credit: Anna Moneymaker/Getty Images)

Oracle founder and potential TikTok overlord Larry Ellison’s current net worth is estimated at $393 billion, making him the second-richest person in the world in 2025, only behind Elon Musk. His fortune has grown rapidly due to massive gains in Oracle’s stock, driven by the AI boom, and a significant stake in Tesla.

Ellison pledged to donate 95% of his wealth as part of the Giving Pledge in 2010. Since then, he’s distanced himself from traditional nonprofits and says he’s opting to give away wealth on his own terms. He founded the Ellison Institute of Technology (EIT), a for-profit philanthropic organization at The University of Oxford.

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