Larry Ellison, one of the world’s richest people, asks for a second chance at charity

  • Recode’s review of Ellison’s charitable record reveals how the longtime Oracle CEO has used his charity money to pursue everything from backing idiosyncratic pet projects to smoothing over disputes with angry shareholders.
  • Ellison’s spokespeople told reporters at the time that the $100 million donation to the Ellison Foundation was “totally unrelated” to the Harvard cancellation, despite the Financial Times reporting.
  • They blamed the changed plan instead on the departure of Harvard president Larry Summers, who had been closely working with Ellison to seal the deal, but had been forced to resign in February 2006 in the aftermath of comments he’d made in early 2005 about women in science that were roundly criticized as sexist.
  • Whether the money was going to Harvard or to Ellison’s foundation, the saga showed how Ellison was prone to use his charity to solve his personal legal challenges.

save | report | share on


Top 200 comments