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Fortune
Fortune
Christiaan Hetzner

Who is David Ellison? Heir to the Oracle fortune celebrates clinching $28B Paramount deal

Skydance Media founder and heir to the Oracle fortune, David Ellison (Credit: Alberto E. Rodriguez—Getty Images for ASCAP)

Top Gun: Maverick producer David Ellison emerged from the shadow of his centibillionaire father on Sunday after his Skydance Media company clinched a $28 billion deal to take control over ailing entertainment giant Paramount.

Oracle founder Larry Ellison’s son, a 15-year financing partner of the Hollywood studio, announced he had reached terms with company chair Shari Redstone to acquire her controlling stake as part of a two-stage merger.

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