Ellison guarantees US$40 billion for son’s Warner Bros. bid
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Mr. Ellison’s personal guarantee is meant to address concerns that the Warner Bros. Discovery’s board had expressed about Paramount’s original offer.
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Larry Ellison Retakes No.3 Richest Spot From Jeff Bezos As Oracle Shares Rise On TikTok Deal
The deal is expected to close next month, with Oracle, Silver Lake and MGX owning 45% of TikTok’s U.S. business.
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Larry Ellison's $283B fortune at risk as Oracle tanks
Larry Ellison's towering stake in Oracle has always made his personal wealth a leveraged bet on a single stock. After a sharp sell-off in ORCL, that concentration is suddenly looking less like a badge of confidence and more like a flashing risk signal for a fortune that has been estimated at roughly $283 billion.
After Paramount takeover Oracle’s Larry Ellison gains a TikTok stake while waging a takeover fight for Warner Bros. Discovery