How Trump could make Larry Ellison the next media magnate

For decades, Larry Ellison gave up to be the frame of the Silicon Valley who really knew how to have a good time. He spent up to $ 200 million to build an imperial Japanese -inspired villa near Palo Alto, California, bought the sixth largest Hawaiian island and dated and married and divorced with endless zeal.

Few have paid a lot of attention to what exactly its database company, Oracle. Sometimes Mr. Ellison either. He did not show up for his opening speech during the annual Oracle agreement in San Francisco in 2013 because he was on his yacht trying to win the America Cup, which he did. A biography about him was entitled “The difference between God and Larry Ellison: God does not think he is Larry Ellison.”

With a fortune of $ 175 billion, there is not much left to buy from Mr. Ellison who was going to seriously kiss his wallet. He broke a Florida record in 2022 when he bought an area of ​​22 acres near Palm Beach – but at $ 173 million, the price was a tenth of 1% of his wealth. He invested $ 1 billion in the takeover of Elon Musk of Twitter the same year because, he said at the time, “it would be very fun.”

Today 80 years old and married for the fifth or perhaps the sixth time, Mr. Ellison has extended his ambitions beyond having fun and surrounding himself with beautiful things. Following a path followed by his friend Mr. Musk, who has at least six companies who feed on each other, Mr. Ellison also seems to consider developing his business empire.

Oracle continues to emerge as a possible tenderer for Tiktok, the very popular video application that Congress has decreed must disintegrate from its property by the Chinese Internet company bytedance or be prohibited in the United States. On Wednesday, President Trump plans to meet the senior White House officials to discuss a new property structure for the application. The deadline for an agreement is on Saturday, although Tiktok’s deadlines came before.

Oracle almost became a minority owner of Tiktok US operations in 2020, with Walmart, when concerns about the security of application data have moved. An agreement has been negotiated when Oracle began to store American user data on his cloud. Oracle would also hold 12.5% ​​of a new company, Tiktok Global. The last part, like many Tiktok offers, has never occurred.